Markets

WASHINGTON: The Trump administration on Thursday (Nov 12) unveiled an executive order prohibiting US investments in Chinese firms that Washington says are owned or controlled by the Chinese military, ramping up pressure on Beijing after the US election. The order, which was first reported by ...

Facebook Chief Executive Mark Zuckerberg told an all-staff meeting on Thursday that former Trump White House adviser Steve Bannon had not violated enough of the company's policies to justify his suspension when he urged beheading two senior U.S. officials, according to a recording heard by Reuters.

Cisco Systems Inc on Thursday reported a smaller-than-expected drop in first-quarter revenue as more people working from home during the COVID-19 pandemic drove demand for its teleconferencing tools, networking equipment and cybersecurity products.

Top U.S. cybersecurity official Christopher Krebs, who worked on protecting the election from hackers but drew the ire of the Trump White House over efforts to debunk disinformation, has told associates he expects to be fired, three sources familiar with the matter told Reuters.

A SUBSIDIARY of Cromwell European Real Estate Investment Trust (Cromwell E-Reit) has priced an offering of 300 million euros (S$477.8 million) of five-year senior unsecured notes.

SINGAPORE: Singapore Airlines (SIA) has raised S$850 million through a convertible bond issue, announced the national airline on Friday (Nov 13).  The offer was more than four times oversubscribed "with strong investor interest", said SIA in the media release.  READ: SIA share price soars as much ...

Stocks in Asia were poised to pull back after markets in the United States and Europe sold off on concerns over rising coronavirus infections.

THE new S$850 million five-year convertible bonds by Singapore Airlines (SIA) will carry a coupon of 1.625 per cent per annum and be issued at par.

Instacart has picked Goldman Sachs Group Inc to lead its initial public offering (IPO), which could come early next year and value the U.S. grocery delivery app at around US$30 billion, people familiar with the matter said on Thursday.

Walt Disney Co on Thursday reported quarterly revenue that was better than Wall Street expected as live sports returned to ESPN and the company's theme parks began recovering from shutdowns due to the coronavirus pandemic.