Markets

The dollar plumbed a six-year trough against the Canadian dollar and teetered near multi-month lows versus European currencies amid renewed expectations that the United States will not hike interest rates anytime soon.

TOKYO: Japan's economy shrank more than expected in the first quarter as the slow vaccine roll-out and a resurgence in COVID-19 infections hit consumption, reinforcing expectations the country will lag major trading partners in emerging from the pandemic. Extended state of emergency curbs are ...

JPMORGAN Private Bank on Tuesday named Elaine Zhang as its new China market leader for Singapore.

SINGAPORE: For the past few weeks, jewellery and ear-piercing store Stellar had raked in as much as S$3,300 in sales every Sunday at its outlet at VivoCity. But it made just S$2 in an entire day, after tightened COVID-19 restrictions kicked in last Sunday (May 16) with the aim of...

Private consumption was the biggest factor for Japan's economic contraction in the January-March quarter, Finance Minister Taro Aso said on Tuesday.

Samsung Electronics Co Ltd could begin construction of a planned US$17 billion U.S. chip plant in the third quarter of this year with a target to be operational in 2024, a South Korean newspaper reported late on Monday.

Japan's economy contracted at an annualised rate of 5.1per cent in January-March from the previous quarter, government data showed, posting the first decline in three quarters as a resurgence of coronavirus infections dealt a blow to consumer spending.

Japan's economy contracted at an annualised rate of 5.1per cent in January-March from the previous quarter, government data showed, posting the first decline in three quarters as a resurgence of coronavirus infections dealt a blow to consumer spending.

WASHINGTON: Bill Gates's tenure at Microsoft has come under fresh scrutiny amid revelations that the tech giant probed the billionaire founder's intimate relationship with a staffer before he left the board of directors. The latest news, days after Gates and his wife Melinda announced their ...

Investor Warren Buffett's company pared back its holdings in financial firms further during the first quarter and also halved its new investment in Chevron.