Markets

The European Union on Monday (May 17) decided to temporarily suspend some measures at the heart of a steel tariff dispute with the United States that is seen as one of the major trade issues dividing the two sides.

HSBC has launched its first multi-currency digital wallet for small and medium enterprises (SMEs), speeding up international payments for these businesses in a cost-efficient way.

The US Treasury slapped sanctions on 16 senior Myanmar officials and family members Monday, citing their support for the government's "violent and lethal attacks" against the country's pro-democracy movement.

China's Tencent Music Entertainment Group on Monday beat quarterly profit estimates, driven by strong growth in subscription revenue and advertising sales from its music streaming platform.

The dollar edged lower on Monday as inflation jitters, exacerbated by record high prices paid in a regional U.S. manufacturing survey, benefited riskier currencies at the greenback's expense.

Britain announced sanctions against state-owned enterprise Myanmar Gems Enterprise (MGE) on Monday (May 17), saying the move would deprive the military government there of a key source of funding.

China Mobile has approved plans for a potential HKUS$47.08 billion (US$6.06 billion) listing in Shanghai, weeks after the telecom firm said it would be delisted by the New York Stock Exchange in line with U.S. investment restrictions dating to 2020.

Britain announced sanctions against state-owned enterprise Myanmar Gems Enterprise (MGE) on Monday, saying the move would deprive the military junta there of a key source of funding.

REUTERS: Transportation solutions provider Giga Energy Inc is going public through a merger with blank-check company Yunhong International in a deal valued at up to US$7.35 billion, the companies said on Monday. Giga Energy said it had also secured nearly US$308 million from private investor ...

SINGAPORE: The World Economic Forum's (WEF) Special Annual Meeting in Singapore has been cancelled, three months before it was scheduled to take place. The WEF announced this on Monday (May 17), citing global uncertainties caused by COVID-19. "Regretfully, the tragic circumstances unfolding ...