Markets

U.S. consumer spending increased by the most in seven months in January as the government doled out more pandemic relief money to low-income households and new COVID-19 infections dropped, setting up the economy for faster growth in the first quarter.

NEW DELHI: India's economy grew 0.4 per cent year-on-year in the final quarter of 2020, official data showed on Friday (Feb 26), ending its first recession since independence as easing COVID-19 restrictions sparked a modest recovery. The country has struggled to claw back lost ground after a ...

SINGAPORE: Singapore does not need an independent fiscal council because the country continues to be fiscally prudent, Minister in the Prime Minister's Office and Second Minister for Finance Indranee Rajah said on Friday (Feb 26) in response to a suggestion from Workers' Party MP Jamus Lim.  ...

Nikola Corp and its founder Trevor Milton had made several statements that were partially or completely inaccurate, the electric-truck maker disclosed in a regulatory filing late on Thursday following an internal review.

Volkswagen, the world's second-largest carmaker, on Friday said it expects revenues and deliveries to rebound strongly in the current year, shrugging off the impact of the coronavirus pandemic.

President Joe Biden is still committed to raising the U.S. minimum wage to US$15 after a key Senate referee ruled the provision could not be included in the COVID-19 relief bill, a top White House economic adviser said on Friday.

President Joe Biden is still committed to raising the U.S. minimum wage to US$15 after a key Senate referee ruled the provision could not be included in the COVID-19 relief bill, a top White House economic adviser said on Friday.

WASHINGTON: Cybersecurity executives are due to face their second round of Congressional questions on Friday over their companies' roles in the sprawling series of digital intrusions blamed on the Russian government. Texas software company SolarWinds Corp's Chief Executive Sudhakar Ramakrishna ...

Bitcoin was headed on Friday for its worst week since March as a rout in global bond markets sent yields flying and sparked a sell-off in riskier assets.

U.S. stock index futures retreated on Friday as lofty tech stocks bled further amid elevated U.S. bond yields and prospects of a spike in inflation.