Markets

MARKETS are pricing in a strong recovery on the back of vaccine optimism and stimulus, with expectations showing up in bond yields and break-even inflation rates, which have caused concerns on overheating, said Singapore sovereign wealth fund GIC's top executive on Tuesday.

Oil prices rose on Tuesday on expectations of a recovery in the global economy after U.S. Senate approval of a US$1.9 trillion stimulus bill and on a likely drawdown in crude oil inventory in the United States.

KUALA LUMPUR: Malaysia's Top Glove Corp posted a record profit for the fourth consecutive quarter in the December to February period as continued demand for gloves globally boosted sales, the company said on Tuesday (Mar 9). Net profit soared 2,380 per cent to RM2.87 billion (US$695.93 million) in ...

As NASA's rover Perseverance explores the surface of Mars, scientists hunting for signs of ancient life on the distant planet are using data gathered on a mission much closer to home at a lake in southwest Turkey.

The official news outlet of the Communist Party of China's Xinjiang region said unidentified companies from the area have filed a domestic civil lawsuit seeking unspecified compensation from a U.S.-based human rights researcher whose reports alleged forced labour is used in the region's cotton ...

Asian stocks were set for a strong open on Tuesday, helped mostly by global recovery prospects and the passage of a US$1.9 U.S. trillion stimulus bill, shaking off a mixed Wall Street session after a big downturn in tech shares.

A group of investors will urge a French court on Tuesday to back its claim for 1 billion euros (US$1.2 billion) in damages from Vivendi, alleging the media giant made false financial statements during a merger deal two decades ago.

NEW DELHI: An Indian non-profit which runs an independent news website on Tuesday challenged in court the country's new rules that seek to regulate content on digital news media. The so-called Intermediary Guidelines and Digital Media Ethics Code was announced by New Delhi last month and is ...

SINGAPORE: Temasek Holdings is committing US$500 million to a partnership with private equity firm LeapFrog Investments, in what both companies said was the largest ever commitment to an impact investor. The tie-up will take the form of a multi-fund investment by Temasek to anchor Asia and Africa ...

Three ships carrying ethanol were heading to China from the U.S. Gulf Coast, three trade sources told Reuters on Monday, in a sign that exports of the fuel were sharply increasing from the United States to the country.