Markets

BEIJING: Until recently, few people had even heard of the Chinese billionaire with a gruff reputation who built a fortune on China's seemingly unquenchable demand for his ubiquitous red-capped bottled water. But reclusive Zhong Shanshan has become Asia's richest man following the stock listings ...

THE yield of the 10-year Singapore Savings Bonds (SSBs) has crossed 1 per cent for the April issue. The first-year interest rate stands at 0.35 per cent while the average return over a decade is 1.15 per cent per annum.

BEIJING: China's factory gate prices rose at the fastest pace since November 2018 in February, official data showed on Wednesday (Mar 10), underscoring expectations for robust growth in 2021 as the world's second-largest economy gathers momentum. The producer price index (PPI) rose 1.7 per cent ...

A House Judiciary panel focused on antitrust will hear from three witnesses on Friday who represent a range of news organizations with concerns about how big tech platforms like Facebook and Alphabet's Google increasingly dominate their industry.

Shares of electric vehicle maker Tesla Inc surged nearly 20 per cent on Tuesday, rebounding from a deep selloff with its largest daily gain in a year after data showed an increase in China sales and an analyst raised his rating on the stock.

FRANKFURT: The European Central Bank's lending schemes disproportionately favour polluters, think tank New Economics Foundation argued on Tuesday (Mar 9), calling for new rules that benefit "green" companies and punish energy intensive firms. With €1.8 trillion (US$2.1 trillion) in outstanding ...

A small group of hackers viewed surveillance footage from hundreds of businesses including Tesla Inc by gaining administrative access to camera maker Verkada over the last two days, one of the people involved in the breach told Reuters.

BioNTech SE could have capacity to make 3 billion doses of the COVID-19 vaccine it developed with partner Pfizer Inc next year, Bloomberg News reported on Tuesday, citing an interview with the German company's chief executive officer.

American Express Co said on Tuesday not all of its employees would likely return to office.

Asian stocks were set to track U.S. gains on Wednesday, as falling bond yields eased concerns about surging inflation, although focus will shift to Chinese markets amid worries about policy tightening in the world's second-largest economy.