Markets

China may gradually cut its holdings of U.S. Treasury bonds and notes, in light of rising tensions between Beijing and Washington, state-backed newspaper Global Times cited experts as saying.

LOCAL lenders DBS, OCBC and United Overseas Bank (UOB) averaged 4.2 per cent total returns in August 2020, outpacing the median total return of the top quartile of global banking stocks by market value.

European food-ordering firm Just Eat Takeaway.com NV thinks GrubHub is better positioned than rivals to prosper in the United States even though it has been pushed into third place, its operating chief told Reuters.

SHANGHAI: The English Premier League abruptly announced the termination of the big-money contract with its broadcaster in China in a two-paragraph statement on Thursday (Sep 4). Streaming service PPTV had a reported US$700 million deal for the rights to show all 380 Premier League matches per ...

Danske Bank will compensate about 900 customers up to 100 million Danish crowns (US$15.93 million) in total after overcharging them for investment products, it said on Friday.

Apple Inc said it was committed to freedom of information and expression in a document it has published on its humans rights policy - a move which follows increased pressure from shareholders.

French water and waste management company Veolia 's bid for a stake in rival Suez held by utility Engie at 15.50 euros a share is not high enough, Engie Chairman Jean-Pierre Clamadieu said on Friday.

Norwegian Air , which is attempting to secure a second round of financial restructuring, saw a 91per cent decline in August passenger volume from a year earlier as most of its fleet remained grounded by the coronavirus pandemic, it said on Friday.

SINGAPORE: Naming the companies that are on the Fair Consideration Framework (FCF) watch list is “counter-productive” as it frustrates the suspected firms’ local hiring efforts, Manpower Minister Josephine Teo said in Parliament on Friday (Sep 4). Mrs Teo was speaking on the fifth day of ...

SINGAPORE: Retail sales in Singapore fell 8.5 per cent year-on-year in July as the COVID-19 pandemic continued to plague the sector. This is an improvement from the 27.7 per cent plunge in June, said the Department of Statistics (SingStat) on Friday (Sep 4).  Excluding motor vehicles, retail ...