Markets

A decision by OPEC and allied countries to cut crude production through March delivered a late Christmas present for U.S. shale firms that have slashed costs, but any rise in prices spurred by the unexpected move may be just a modest stocking stuffer.

WELLINGTON: New Zealand's central bank said on Sunday (Jan 10) it was responding with urgency to a "malicious" breach of one of its data systems, a third-party file sharing service that stored "sensitive information". Reserve Bank of New Zealand governor Adrian Orr said the breach had been ...

CHENGDU: Chinese electric vehicle (EV) maker Nio is taking on conventional gasoline premium automakers from BMW to Audi further, launching on Saturday (Jan 9) its first sedan model as it eyes a greater share of the world's largest car market. The launch of the ET7, at an event in the...

The Reserve Bank of New Zealand said on Sunday that it was responding with urgency to a breach of one of its data systems.

CUPERTINO, California: Apple has suspended Parler from the App Store, saying the social networking service had not taken adequate measures to prevent the spread of posts inciting violence. Apple had given the service 24 hours to submit a detailed moderation plan, pointing to participants using ...

The Kuala Lumpur-Singapore High-Speed rail may have been terminated. This isn’t the end of the line but a signal that better processes are needed, says Stewart Nixon.

The days of Big Tech companies growing at scale with no boundaries are numbered as stricter government regulations come into play, says this observer.

Twitter Inc said on Friday it would permanently suspend accounts pushing QAnon content, banning prominent right-wing boosters of its conspiracy theories including Michael Flynn and Sidney Powell following Wednesday's storming of the U.S. Capitol by supporters of President Donald Trump.

China's Ministry of Commerce on Saturday published new rules for countering "unjustified" laws and restrictions imposed by foreign countries on Chinese companies and citizens, as economic relations between Beijing and Washington deteriorate.

The Executive Board of the International Monetary Fund has agreed to raise the medium-term target for the fund's precautionary reserves given a sharp increase in financial risks since 2018, the IMF said on Friday.