Markets

Factory activity in Japan expanded at a slower pace in May as growth in output and new orders eased, and though external demand remains strong worries are growing that domestic coronavirus emergency curbs could derail the economic recovery.

Japanese companies cut spending on plant and equipment for the fourth consecutive quarter in January-March, as the economy struggles to shake off the drag from the coronavirus pandemic.

Australian and North American units of the world's largest meat works were hit over the weekend by an organised cyber attack on its information systems, Brazil's JBS SA said in a statement.

BUSINESS confidence and loan demand remains "very mixed" across the different industries given the K-shaped nature of the Covid-19 recovery story, said OCBC chief economist Selena Ling in a note on Monday.

Top officials from 38 countries agreed on Monday that efforts to rebuild economies from the COVID-19 pandemic should be guided by green principles and seek to reduce global greenhouse emissions.

REUTERS: Dye & Durham Ltd, a Canadian cloud-based software maker, has received a buyout offer from a management-led shareholder group worth about C$3.4 billion (US$2.8 billion), less than a year after its flotation on the Toronto Stock Exchange. The offer to take Dye & Durham private for C$50.5 ......

Vodafone's Italian unit has secured conditional approval from Rome to use equipment made by China's Huawei in its 5G radio access network, two sources close to the matter said.

Vodafone's Italian unit has secured conditional approval from Rome to use equipment made by China's Huawei in its 5G radio access network, two sources close to the matter said.

BERLIN: Germany wants to help citizens in rural areas get better access to the world wide web by supporting the purchase of hardware for satellite internet services such as Elon Musk's Starlink, the transport ministry said on Monday. The planned subsidy scheme will be open to all providers who...

CD Projekt's first-quarter net profit fell 64.7per cent to 32.5 million zlotys (US$8.87 million), missing market expectations, hurt by the costs of fixing its flagship "Cyberpunk 2077" game after its troubled launch and foreign exchange losses.