Markets

U.S.-based hedge fund Whitebox Advisors LLC said on Tuesday LG Corp's plan to spin off five affiliates into a new holding company next year would fail to create value for minority shareholders.

Moderna Inc said on Monday it was informed by the European Medicines Agency (EMA) certain documents related to pre-submission talks of its COVID-19 vaccine candidate were unlawfully accessed in a cyberattack on the medicines regulator.

Asian stocks came under pressure on Tuesday following a mixed Wall Street session, as concerns about increasing COVID-19 deaths, infections and lockdowns overshadowed optimism about the start of coronavirus vaccinations.

SYDNEY: Australia's Trade Minister Simon Birmingham on Tuesday (Dec 15) said he would pursue all avenues to defend the rights of the country's businesses after Chinese media reported China had banned imports of Australian coal. The state-owned Global Times newspaper said in a report late on Monday ...

Ride hailing firm Uber Technologies Inc was fined US$59 million for failing to provide the California Public Utilities Commission (CPUC) with information on sexual assault and harassment claims, Bloomberg News reported on Monday.

Regulators, insurers and experts are warning airlines to take extra care when reactivating planes left in extended storage during the COVID-19 pandemic, citing potential pilot rustiness, maintenance errors and even insect nests blocking key sensors.

Ride hailing firm Uber Technologies Inc was fined US$59 million for failing to provide the California Public Utilities Commission (CPUC) with information on sexual assault and harassment claims, Bloomberg News reported on Monday.

In a year of far too little cheer, anything that lifts a spirit here and there is welcome, says the Financial Times’ Pilita Clark.

AS VOTE tallies in the US elections spilled into headlines over several days in November, DBS's chief dealmaker in bonds was hardly keen to place bets on the final victor.

California Attorney General Xavier Becerra on Monday (Dec 14) petitioned a court to compel Amazon.com Inc to comply with outstanding subpoenas over a state investigation into the company's handling of the coronavirus pandemic.