Markets

WASHINGTON: A former top fundraiser for President Donald Trump pleaded guilty Tuesday (Oct 20) to illegally lobbying the US government to drop its probe into the 1Malaysia Development Berhad (1MDB) corruption scandal and to deport an exiled Chinese billionaire. Elliott Broidy, 63, was charged in ...

A NASA probe orbiting an asteroid over 100 million miles from Earth will make a perilous attempt on Tuesday to snatch a sample from the celestial body’s rocky surface to bring home the space agency’s first handful of pristine asteroid rocks.

SINGAPORE: Wealth Management Institute (WMI), a non-profit educational and research institute, announced on Wednesday (Oct 21) that it will launch a programme to train policymakers and investment professionals on universal principles of market behaviour. The Dalio Sustainable Market Principles ...

Free-to-play fantasy game "Genshin Impact" from Shanghai-based developer Mihoyo is proving a hit beyond its home market, raking in money with a controversial payment system and creating a potential breakout moment for China's gaming industry.

DBS has launched a solution for corporate clients in Singapore and Hong Kong to track cross-border collections in real time, providing them with greater digital convenience.

Amazon.com Inc on Tuesday told employees whose work can be done from home that they can do so until June, extending the timeline on a return to office due to the COVID-19 pandemic.

Hong Kong's Cathay Pacific Airways said on Wednesday it would cut 5,900 jobs and end its regional Cathay Dragon brand as it grapples with a plunge in demand from the coronavirus pandemic.

Asian stocks were set for modest gains on Wednesday after renewed U.S. stimulus hopes helped Wall Street higher, although wobbles in the tech sector could keep a lid on investor sentiment.

Senate Majority Leader Mitch McConnell on Tuesday (Oct 20) told fellow Republicans that he has warned the White House not to divide Republicans by sealing a lopsided pre-election COVID-19 relief deal with House Speaker Nancy Pelosi - even as he publicly said he'd slate any such agreement for a vote.

Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the COVID-19 pandemic accelerates changes in the workplace likely to exaggerate inequalities, a World Economic Forum (WEF) study has found.