Markets

The Federal Reserve completes its latest policy meeting on Wednesday with attention turning from its massive response to the coronavirus pandemic and toward its still-developing plans to strengthen and lengthen a nascent economic recovery.

SHANGHAI: SoftBank Group Corp-owned chip technology firm Arm Ltd said on Wednesday the chief executive officer of its China joint venture, Allen Wu, has stepped down and been replaced. Arm Ltd said Arm China's board of directors has appointed Ken Phua and Phil Tang as Arm China's interim co-CEOs...

BANK of Singapore, the private banking arm of OCBC, on Wednesday said it has appointed Mansoor Mohi-uddin as its chief economist, pending regulatory approval.

Japanese gaming giant Nintendo has admitted that hackers have breached 300,000 accounts since early April, gaining access to personal information such as birthdays and email addresses but not credit-card details.

Chinese video app TikTok's new Chief Executive Kevin Mayer has told EU digital chief Thierry Breton he intends to play an active role fighting disinformation, an EU official said on Tuesday, as Breton pushes tech giants to step up their efforts against fake news.

Vodafone Group Plc , the world's second-biggest mobile operator, has warned that Britain's desire to lead the world in 5G technology will face a big blow if it decides to remove China's Huawei Technologies Co Ltd from the country's telecoms infrastructure.

Four Republican U.S. senators on Tuesday urged the Federal Communications Commission (FCC) to review whether to revise liability protections for internet companies after President Donald Trump urged action.

Oil prices fell on Wednesday as an industry report showed a rise in crude and fuel inventories in the United States, renewing concerns about oversupply and slumping fuel demand in the world's largest crude consumer.

Chinese companies are putting off plans for U.S. listings as tensions between the world's top two economies rise, lawyers, bankers, accountants and regulators involved in what has been a major capital-raising route told Reuters.

Cathay Pacific Airways Ltd said it expects to repay the Hong Kong government for HKUS$19.5 billion (US$2.52 billion) of preference shares over a three to five year period.