While the story has been framed as a modern David versus Goliath tale, the incident underscores the need to educate retail investors of investment risks, says NUS Asian Institute of Digital Finance’s Emir Hrnjic.
Activision Blizzard Inc on Thursday forecast full-year adjusted revenue above analysts' estimates, driven by strong demand for the latest installment of its blockbuster "Call of Duty" franchise from gamers staying at home during the COVID-19 pandemic.
DBS has raised its sustainable finance target for 2024 to S$50 billion, which is well over twice the lender's previous S$20 billion target for the same year.
THE speed and ease with which consumers can obtain unregulated credit via buy now, pay later (BNPL) schemes have sparked growing concerns over unseen debt and potential financial distress.
Image-sharing company Pinterest Inc beat Wall Street estimates for quarterly revenue on Thursday, benefiting from heavy advertising by e-commerce retailers during the holiday season.
Ford Motor Co on Thursday boosted the amount of money it plans to invest on electric and autonomous vehicles to US$29 billion even as it posted a fourth-quarter net loss of US$2.8 billion.
U.S. stocks were higher on Thursday, extending recent gains after another batch of upbeat earnings and data suggesting the labor market may be stabilizing.
Snap Inc, owner of popular photo-messaging app Snapchat, on Thursday beat analysts' estimates for both user growth and revenue as the coronavirus pandemic prompted more people to use the app to connect with friends.
