Markets

KUALA LUMPUR: Malaysian pharmaceutical group Pharmaniaga has signed an agreement with China's Sinovac to purchase ready-to-fill COVID-19 vaccines and later to manufacture the vaccine domestically, it said on Tuesday. Pharmaniaga said in a filing to the bourse that the company will carry out a fill ...

Investors are weighing how much further a rally in value stocks can run, as expectations for greater fiscal spending under a Democrat-controlled Congress add momentum to the surging shares of companies that took a beating for most of 2020.

PayPal said on Monday (Jan 11) that it had blocked the Christian crowdfunding site GiveSendGo after it helped raise funds for people who attended last week's event in Washington when supporters of President Donald Trump stormed the United States Capitol.

NEW YORK: The social platform Parler sued Amazon on Monday (Jan 11) after the tech giant's web division forced the conservative-favoured network offline for failing to rein in incitements to violence. Nevada-based Parler asked a federal court for a restraining order to block Amazon Web Services ...

The Biden administration should expand antitrust cases against Alphabet's Google and Facebook and encourage breaking up companies, according to a group whose founder is working with the president-elect's transition team.

Intel Corp plans to tap Taiwan Semiconductor Manufacturing Co to make a second generation discrete graphics chip for personal computers that it hopes will help it combat the rise of Nvidia Corp, two sources familiar with the matter told Reuters.

Chinese electric vehicle maker Xpeng Inc said on Tuesday it has secured a credit line of 12.8 billion yuan (US$2 billion) from five Chinese banks to expand manufacturing and sales.

PayPal Holdings Inc said on Monday it has blocked the Christian crowdfunding site GiveSendGo after it helped raise funds for people who attended last week's event in Washington when supporters of President Donald Trump stormed the Capitol.

U.S. private equity firm Silver Lake is in advanced talks to acquire a minority stake in the commercial activities of New Zealand Rugby, home of the world-renowned All Blacks team, a source with knowledge of the negotiations told Reuters.

SINGAPORE: Singapore Exchange's regulatory unit will improve requirements on auditors and valuers in their dealings with listed companies, and standards on valuation reports, such as introducing a regulatory regime for conduct of auditors. In a statement released on Tuesday (Jan 12), Singapore ...