Markets

AS Asia's massive infrastructure needs continue to grow, it is clear that traditional bank debt alone is not enough to plug the widening gaps.

THE Covid-19 pandemic has taken a toll on investments in Asia-Pacific's (Apac) private financial technology (fintech) companies, but recent data suggests that a recovery might be in sight, according to a report by S&P Global Market Intelligence.

AN INNOVATION centre under the National University Health System (NUHS) on Thursday inked a memorandum of understanding (MOU) with Asia Research & Innovation Alliance Limited (ARIA), a non-profit research and innovation institute, to set up a S$50 million venture capital fund and a commercialisation programme.

AS Asia's massive infrastructure needs continue to grow, it is clear that traditional bank debt alone is not enough to plug the widening gaps.

Google parent Alphabet Inc returned to sales growth in the third quarter as businesses initially hobbled by the COVID-19 pandemic resumed advertising with the internet's biggest supplier of search and video ads, it said on Thursday.

Walmart Inc removed firearms and ammunition from U.S. store floors this week to protect customers and employees as tensions across the country rise, the world's largest retailer said on Thursday.

Amazon.com Inc on Thursday reported record profit for the second consecutive quarter and forecast a jump in holiday sales, as consumers continued to shop more online during the novel coronavirus pandemic.

Starbucks forecast 2021 earnings largely above estimates on Thursday (Oct 29), helped by strong online orders and a recovery in demand following the initial hit from the COVID-19 pandemic.

Twitter Inc on Thursday widely beat analyst expectations for quarterly revenue as ad sales rose with the return of sports and other events, but it added fewer users than Wall Street had expected.

Apple Inc's announcement Thursday that iPhone sales were weaker than expected sent shares down 4per cent even as the tech company's revenue and profit did better than Wall Street expected thanks to booming Mac and AirPods sales.