Markets

WASHINGTON: The US cybersecurity agency said on Wednesday (Dec 23) that a sprawling cyber espionage campaign made public earlier this month is "impacting" state and local governments. The hacking campaign, which used US tech company SolarWinds as a springboard to penetrate federal government ...

Oil extended gains on Thursday as a drawdown in U.S. stockpiles of crude and gasoline lifted demand hopes, while investors also cheered a potential Brexit trade deal.

China has launched an investigation into Alibaba Group for suspected monopolistic behaviour, regulators said on Thursday.

INVESTMENT banking firm AMTD International, which is dual-listed in New York and Singapore, has promoted William Fung to chief executive officer (CEO), succeeding Calvin Choi.

China's Ant Group on Thursday said it has received a meeting notice from regulators, and will strictly comply with all regulatory requirements.

Britain and the European Union were on the cusp of striking a narrow trade deal on Thursday, swerving away from a chaotic finale to the Brexit split that has dealt a blow to the 70-year attempt to forge European unity from the ruins of World War Two.

Americans on Wednesday faced the prospect of a government shutdown during a pandemic as outgoing President Donald Trump, angry at his fellow Republicans in Congress, threatened not to sign a US$2.3 trillion government funding and coronavirus aid package.

Asian shares were set to rise on Thursday ahead of the Christmas break, as global investors cheered a potential Brexit deal and economic recovery prospects, largely ignoring U.S. President Donald Trump's threat to veto a long-awaited COVID aid package.

BRUSSELS :Britain and the European Union appeared close to clinching a long-elusive trade agreement on Wednesday, raising hopes that they were now set to avoid a turbulent economic rupture on New Year's Day.

WUHAN: It's full house at the Dragon Boat Restaurant on a Sunday night, and a line of diners are waiting to get in. For Mr Wu Cheng, the 28-year-old owner, it's a welcome sight. But while business is improving, crowd levels are only at 70 to 80 per cent...