Markets

South Korea's Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric cars, just a month after it confirmed early-stage talks with the tech giant, sending the automaker's shares skidding.

China's Wanda Group, the major shareholder in AMC Entertainment Holdings Ltd, conducted a share conversion to permit sales of its stock in the cinema operator, a target of the recent WallStreetBets retail frenzy, AMC said in an exchange filing.

E-WALLET players Grab Financial Group, Liquid Group and Singtel Dash will now also offer PayNow services - marking the first time the peer-to-peer fund transfer service is made available to non-banks.

TOKYO: Japanese automakers Toyota, Nissan and Honda report third quarter results this week buoyed by recovering demand in China and the United States, but a global chip shortage has clouded their earnings outlook. A surge in demand for electronics as more people stay home due to the ...

SINGAPORE: The 2021 Budget Statement will be delivered by Deputy Prime Minister and Minister for Finance Heng Swee Keat in Parliament next Tuesday (Feb 16) at 3pm. The Budget Speech will be broadcast live on CNA’s YouTube channel, Facebook page and website, as well as on Channel 5, CNA938 and ...

When Leondra Garrett wanted to stock up on three new pairs of shoes early last year, the North Carolina resident split a US$161 online purchase into four installments through a "buy now, pay later" service, in what seemed like a convenient deal.

Asian shares hovered near record highs on Monday while oil edged closer to US$60 a barrel on hopes a US$1.9 trillion COVID-19 aid package will be passed by U.S. lawmakers as soon as this month just as coronavirus vaccines are being rolled out globally.

South Korea's Hyundai Motor Co and Kia Corp said on Monday they are not in talks with Apple Inc on developing autonomous vehicles.

Japan's Renesas Electronics Corp said it is in talks with Dialog Semiconductor GmbH about a potential acquisition that would value the Frankfurt-listed Apple Inc supplier at around US$6 billion.

Blackstone Group, the world's largest hedge fund investor, is committing US$150 million in start-up capital to a hedge fund run by a former senior executive at Lone Star Funds, two sources familiar with the matter said.