Markets

The City of London may be better off staying out of the EU's financial services market as it would have to sacrifice autonomy over setting rules to win full access, a report by Britain's upper house of parliament said on Wednesday.

RCS Mediagroup has sealed a multi-year deal with Google to offer access to some of its dailies on the U.S. tech giant's Showcase news platform, Corriere della Sera newspaper, owned by the Italian publisher, said on Wednesday.

Tesla Inc's Elon Musk tweeted https://twitter.com/elonmusk/status/1374617643446063105 on Wednesday, "you can now buy a Tesla with bitcoin."

Toyota Motor Corp will reinvest in Isuzu Motors Ltd to work together on connected commercial vehicles and fuel cells, the Nikkei reported on Wednesday.

Japanese government bureaucrats have called and emailed equipment makers in Japan and overseas to request they provide parts and machinery to help Renesas Electronics Corp, restore chip production at its fire-damaged plant.

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) shares fell nearly 4per cent on Wednesday after Intel Corp announced a US$20 billion plan to expand its advanced chip manufacturing capacity, even as Taiwan's economy minister sought to downplay the impact.

PINGTUNG: A Chinese ban on pineapple imports from Taiwan has sparked a flood of patriotic buying of the fruit and forced restaurants to come up with inventive new menu choices, but it has also left many questioning Taipei's overwhelming economic reliance on its giant neighbour. While much of the...

SINGAPORE: The chief executive officer of Frasers Hospitality Trust has been appointed as the new chief of the Singapore Land Authority (SLA), with effect from Apr 12, said the Ministry of Law on Wednesday (Mar 24). Mr Colin Low Hsien Yang will succeed Mr Tan Boon Khai,  who was...

The world's biggest banks cut lending to fossil fuel firms by 9per cent in 2020 as a result of the pandemic, although funding has still risen over the past five years, a report showed on Wednesday.

MELBOURNE :An Australian Aboriginal group on whose lands Rio Tinto Ltd mines for iron ore said that heritage reforms Rio announced on Tuesday lacked detail and that it had yet to see an improved approach to cultural heritage management.