Markets

Hedge fund managers were substantial buyers of petroleum futures and options last week for the fourth week in a row, a sign of increasing confidence coronavirus vaccines will drive a recovery in oil consumption next year.

Huawei is willing to meet any requirement the Swedish government may set on 5G network equipment and take other measures to mitigate concerns, a senior executive said, after a ban in the country delayed spectrum auctions.

STOCKHOLM: Budget furniture giant IKEA said it has taken the emotional decision to end a seven-decade tradition and discontinue its catalogue, one of the world's biggest annual publications, as shoppers move online. The publication reached a peak in 2016, when more than 200 million copies were ...

Airlines battered by COVID-19 are prepping for key roles in the mass vaccine rollout that promises to unlock an immediate boost for the sector - and beyond that, its own recovery and survival.

A stronger U.S. dollar will increasingly weigh on emerging- market economic prospects, since developing countries have taken on so much dollar-denominated debt in the past decade, the Bank of International Settlements said on Monday.

U.S. stock index futures pulled back from record levels on Monday as fresh Sino-U.S. tensions over Hong Kong dented sentiment, while investors also awaited concrete signs of progress on a coronavirus relief bill.

SINGAPORE'S new nationwide financial data sharing initiative can help banks narrow the income inequality gap exacerbated by Covid-19, and simultaneously create a billion-dollar business opportunity for the nation's largest lender, DBS chief Piyush Gupta said on Monday.

Britain's Rolls-Royce said on Monday it had signed a deal to sell its civil nuclear instrumentation and control business for an undisclosed sum, kicking off a plan to raise 2 billion pounds (US$2.65 billion) from disposals to recover from the pandemic.

CLOSING the digital divide and deepening partnerships between governments and businesses are key for a more inclusive digital economy that brings the benefits of the Internet to everyone, said Sundar Pichai, chief executive of Google's parent company, Alphabet.

CLOSING the digital divide and deepening partnerships between governments and businesses are key for a more inclusive digital economy that brings the benefits of the Internet to everyone, said Sundar Pichai, chief executive of Google's parent company, Alphabet.