Markets

Investors in high-flying electric carmaker Tesla Inc are questioning whether Elon Musk's US$1.5 billion outlay into bitcoin will be as good for the company as it has been for the cryptocurrency.

Volkswagen AG on Thursday said it will use Microsoft Corp's cloud computing services to help it streamline its software development efforts for self-driving cars.

Investors in high-flying electric carmaker Tesla Inc are questioning whether Elon Musk's US$1.5 billion outlay into bitcoin will be as good for the company as it has been for the cryptocurrency.

SINGAPORE: Without the support measures rolled out by the Government to cushion the blow of the COVID-19 pandemic, the economy would likely have contracted by twice as much last year, according to a paper released by the Ministry of Finance (MOF) on Thursday (Feb 11). The interim assessment of...

An executive at Tencent Holdings Ltd has been held by Chinese authorities as part of a probe into a high-profile corruption case involving one of China's former top law-enforcement officials, the Wall Street Journal reported, citing people familiar with the matter.

Global financial firms including Goldman Sachs, BlackRock and Fidelity International are poised to add hundreds of staff in China this year as they look to take advantage of the opening up of its US$40 trillion financial sector.

REUTERS: An executive at Tencent Holdings has been held by Chinese authorities as part of a probe into a high-profile corruption case involving one of China's former top law-enforcement officials, the Wall Street Journal reported, citing people familiar with the matter. Shares in the gaming ...

The Biden administration will look at adding "new targeted restrictions" on certain sensitive technology exports to China in cooperation with allies, a senior official said on Wednesday ahead of the new president's first call with China's leader Xi Jinping.

Microsoft Corp approached Pinterest Inc in recent months about a potential deal to acquire the US$51 billion social media company, the Financial Times reported on Wednesday, citing people briefed on the matter.

An executive at Tencent Holdings Ltd has been held by Chinese authorities as part of a probe into a high-profile corruption case involving one of China's former top law-enforcement officials, the Wall Street Journal reported, citing people familiar with the matter.