Markets

The Trump administration is set to announce on Monday it will further tighten restrictions on Huawei Technologies Co, aimed at cracking down on its access to commercially available chips, officials briefed on the matter said.

Walmart Inc's margins and online sales are expected to benefit in the second quarter as the largest U.S. retailer cashed in on shoppers using government stimulus checks to buy higher-priced products like sneakers and toys along with daily essentials.

SINGAPORE: BIGO Technology, a smaller rival of embattled Chinese app-maker ByteDance, is shifting servers from Hong Kong to Singapore, out of the reach of a new national security law at a time when it is seeking to emphasise independence from its Chinese parent. The move, which follows India's ban ......

Huawei Technologies Chief Financial Officer Meng Wanzhou and her lawyers are set to attend hearings in a Canadian courtroom via telephone on Monday, arguing for the Canadian attorney general to release more confidential documents relating to her arrest.

Japan was hit by its biggest economic slump on record in the second quarter as the coronavirus pandemic emptied shopping malls and crushed demand for cars and other exports, bolstering the case for bolder policy action to prevent a deeper recession.

SINGAPORE: A then-manager at the facilities arm of Surbana Jurong Group conspired with two others to cheat his company, in a case that spanned seven years and involved more than S$1 million. Former SMM principal facilities manager Ong Kah Heng, 60, was on Monday (Aug 17) sentenced to four...

SINGAPORE: A seven-month extension of wage subsidies under the Jobs Support Scheme (JSS) and a new initiative to bolster hiring in still-growing sectors were among the S$8 billion worth of measures announced on Monday (Aug 17), as Singapore continues its support for workers and businesses hurt by ...

JOHANNESBURG: US drug developer Novavax said on Monday (Aug 17) that it is starting a mid-stage study of its experimental COVID-19 vaccine in South Africa, as the country experiences a surge in coronavirus cases. The Phase 2b trial study of NVX-CoV2373 will be conducted on about 2,665 healthy ...

Jim Momtazee, a former dealmaker at U.S. buyout firm KKR & Co Inc , has launched his own firm to pursue private equity deals in the healthcare sector.

SINGAPORE: The Singapore Government will be pumping in additional funding to help the aerospace, aviation and tourism industries - three of the hardest-hit sectors - amid the COVID-19 pandemic, Deputy Prime Minister Heng Swee Keat said in a ministerial statement on Monday (Aug 17).  In his ...