Markets

The letter, which was reported by Chinese media and confirmed by a source to Reuters, was sent only to ByteDance's Chinese employees after news that ByteDance was in talks to sell parts of TikTok to Microsoft Corp prompted online criticism of the firm and Zhang.

TOKYO: Nippon Steel said on Tuesday (Aug 4) it will appeal a South Korean court ruling that allows for a seizure of its assets, as tensions between Tokyo and Seoul over the case threaten to flare up again. The Asian neighbours are at loggerheads over a 2018 decision by...

SWIRE Properties has signed a five-year HK$1 billion (S$177.4 million) green loan with OCBC Bank.

Goldman Sachs Group Inc has named Ian Taylor as the bank's new head of equity capital markets (ECM) for Australia and New Zealand, a spokeswoman in Australia said on Tuesday.

Kuwaiti aircraft leasing company Alafco will buy fewer aircraft from Boeing after reaching an agreement to end its legal claim over a cancelled 737 MAX order, it said on Tuesday.

A restaurant on Spain's northeastern Mediterranean coast is pioneering a dining experience that allows customers to avoid most face-to-face contact with staff and minimise the risk of coronavirus contagion.

TOKYO: Japanese wireless carrier SoftBank Corp on Tuesday reported a 4per cent rise in first-quarter operating profit, beating analyst estimates, supported by its enterprise and internet businesses. April-June profit reached 280 billion yen (US$2.6 billion). That compared with the 262 billion yen ...

SINGAPORE: Grab Financial Group announced a slew of new financial products and services on Tuesday (Aug 4), including a micro-investment scheme that would allow consumers to invest as they spend on the Grab platform.  This is part of a "Thrive with Grab" strategy, which aims to tap into Southeast ...

The French state treasury said it has suspended U.S. investment bank Morgan Stanley from certain French treasury bond deals for three months, citing problems it had with Morgan Stanley's execution of some past deals.

German drugs and pesticides group Bayer reported a 9.5 billion euro (US$11.2 billion) net loss for the second quarter, following a US$10.9 billion settlement of U.S. lawsuits claiming that its weedkiller Roundup caused cancer.