Markets

China's trade surplus with the United States stood at US$31.78 billion in May, Reuters calculations based on Chinese customs data showed on Monday, up from a US$28.11 billion surplus in April.

Rating agency Moody's Investors Service said on Monday that China's new policy allowing couples to have up to three children could support fertility, but was unlikely to dramatically change the national birthrate.

Toyota reaches settlement over bullied engineer's suicide

HONG KONG: China Youran Dairy Group is aiming to raise up to US$800 million in its Hong Kong IPO by pricing its shares at between HK$6.98 to HK$8.66 each, according to regulatory filings on Monday (Jun 7). The dairy company, backed by private equity group PAG, will finalise the...

US Treasury Secretary Janet Yellen said that President Joe Biden's US$4 trillion spending plan would be good for the US, even if it contributes to rising inflation and results in higher interest rates, Bloomberg News reported. "If we ended up with a slightly higher interest rate environment it ...

Production for Tesla's longest-range Model S Plaid+ is cancelled, CEO Elon Musk said in a tweet on Sunday (Jun 6). "Plaid+ is canceled. No need, as Plaid is just so good." Musk tweeted. Model S Plaid+, which would have been Tesla's highest-end model with a driving range of 520 miles,...

National Australia Bank on Monday said Australia's financial crime regulator has begun an investigation after it identified serious concerns with the bank's compliance with anti-money laundering and counter-terrorism laws. Concerns over "potential serious and ongoing non-compliance" with customer ...

Bosses who want everyone back in the office full-time face a showdown with their workers, says the Financial Times' Pilita Clark.

Scammers use a sophisticated set of tricks to get people to drop their guard and give up personal information but people do not have to be the weakest link in these threats, says a Group-IB security head.

There is growing agreement that maximising shareholder value should not be a corporation’s sole aim but how we get there is less clear, says economics professor Daron Acemoglu.