Markets

Tighter regulations, billions in lost overseas share value and government pledges to get even tougher -- Chinese tech giants are reeling under what looks like a sustained Big Brother assault on innovation and enterprise.

Saudi Arabian state oil giant Aramco on Sunday reported a 44.4per cent drop in 2020 net profit, hit by lower crude oil prices and volumes sold, and weakened refinery margins, as the coronavirus pandemic depressed demand.

Saudi Arabian state oil giant Aramco on Sunday reported a 44.4per cent drop in 2020 net profit, hit by lower crude oil prices and volumes sold, and weakened refinery margins, as the coronavirus pandemic depressed demand.

But the profits of brands such as Evian and Perrier can pay for environmental offsets, says the Financial Times' John Gapper.

SINGAPORE: Amid Singapore's push for sustainability, the growing interest in blockchain and cryptocurrency - with its vast energy consumption - may present a conundrum. Blockchain relies on a vast decentralised network of computers to record transactions. Its most well-known applications are ...

To help low-income families afford those flats, while avoiding the lottery effect, consider awarding a housing grant tiered by income level, with levies to recovery subsidies depreciating over time, says NUS’ Dr Sing Tien Foo.

Cathie Wood's Ark Invest said it expects Tesla Inc's share price to reach the US$3,000 mark by 2025.

Tesla boss Elon Musk strongly denied Saturday that his cars, which gather large amounts of data, could ever be used to spy on China despite fears raised by Beijing, the Wall Street Journal reported.

The No. 2 official at the International Monetary Fund on Saturday pointed to emerging signs of a stronger global economic recovery, but warned that significant risks remained, including the emergence of mutations of the coronavirus.

The impact of the global semiconductor shortage on the auto industry spread on Saturday, as Stellantis warned its highly profitable pickup trucks were hit, while Ford Motor Co said it would cut more U.S. production.