Markets

SINGAPORE: Singapore Press Holdings (SPH) reported its first net loss of S$83.7 million for the financial year ended Aug 31, as COVID-19 took a big bite out of all its business segments. This compares to the net profit of S$213.2 million that SPH posted a year ago. The loss was...

REUTERS: Tesla Inc said on Tuesday it cut the price of its Model S "Long Range" sedan by 4per cent in the United States, days after the electric-car maker reported record quarterly deliveries. The company, which is expected to report third-quarter results on Oct. 21, cut the price to...

Hyundai Motor Group's executive vice chairman Euisun Chung is set to be made chairman of the South Korean carmaker as soon as on Wednesday, Yonhap news agency reported, as he formally takes over the reins from his octogenarian father.

LONDON: Nearly three-quarters of investors surveyed by BofA expect a surge in market volatility in the fourth quarter, given the rising likelihood of U.S. election results being contested, bringing the record bear-to-bull summer rally to a halt. Nagging doubts over whether President Donald Trump ...

People tired of their flat pack IKEA dressers, drawers, cabinets and tables will now be able to sell them back to the furniture retailer for resale in its stores as secondhand.

Amazon.com Inc's total sales have soared during the coronavirus pandemic, yet in Latin America, the world's biggest online retailer is locked in a dogfight with local rivals as it rolls out its Prime Day event in Mexico and, for the first time, Brazil.

BlackRock Inc , the world's largest asset manager, reported a 27per cent rise in third-quarter profit on Tuesday, helped by higher fees.

Sylvia Padilla spent last Thursday checking food pantries in Lubbock, Texas for groceries to feed herself, her daughter and three-year-old grandson.

German premium automaker Audi AG said on Tuesday it had signed a memorandum of understanding with China's state-owned FAW Group to launch a venture to make premium electric vehicles (EVs).

The European Union is set to win the right to impose tariffs on about US$4 billion in U.S. goods in retaliation for subsidies granted to planemaker Boeing under a World Trade Organization (WTO) ruling due on Tuesday.