Markets

SHANGHAI: China's central bank injected more than 120 billion yuan into the country's banking system on Monday (Nov 16) in a move to soothe rattled nerves after a series of debt shocks involving state-owned enterprises (SOEs) led to a bond sell-off last week. Despite the People's Bank of China ......

A group led by privacy activist Max Schrems on Monday filed complaints with German and Spanish data protection authorities over Apple's online tracking tool, alleging that it allows iPhones to store users' data without their consent in breach of European law.

Investors are pushing major European companies to make sure the "missing" costs of climate change are properly reflected in their financial statements, a move that could wipe billions of dollars off the value of sectors from energy to aviation.

BEIJING: China's factory output rose faster-than-expected in October and retail sales continued to recover albeit at a slower-than-forecast pace, as the world's second-largest economy emerged from its COVID-19 slump. Industrial output climbed 6.9 per cent in October from a year earlier, data from ...

BANKS and financial institutions under the jurisdiction of the Monetary Authority of Singapore (MAS) and the central bank in the Philippines are now allowed to exchange data electronically for business purposes.

TAIPEI: Trade-dependent Taiwan has made "relatively" good progress towards joining the revamped version of the Trans-Pacific Partnership, but it is awaiting clearer rules on membership, the island's chief trade negotiator said on Monday (Nov 16). While a member of the World Trade Organization ...

SEOUL: Korean Air Lines on Monday (Nov 16) said it will spend 1.8 trillion won (US$1.62 billion) to become the largest shareholder of indebted Asiana Airlines Inc, in a deal that would create the world's 15th biggest carrier. The suitor plans to issue 2.5 trillion won worth of shares next...

Nissan Motor Co. may sell its 34per cent stake in Mitsubishi Motors Corp in what would be a fundamental change in a three-way alliance that also includes French car maker Renault SA , Bloomberg News reported, citing unidentified sources.

BEIJING: China's industrial output rose at a faster-than-expected pace in October, while retail sales continued to recover albeit at a slower-than-forecast pace as the world's second-largest economy emerged from its COVID-19 slump. Industrial output climbed 6.9 per cent in October from a year ...

SYDNEY: Trading on the Australian Securities Exchange was halted on Monday (Nov 16) as the stock exchange operator cited "market data issues", shortly after shares touched their highest in more than eight months. The S&P/ASX 200 index gained 1.3 per cent at 6,487.30, its highest since Mar 8. The ...