Markets

Asian shares are set to end a tumultuous 2020 by hovering near record highs on Thursday while riskier currencies cruised near 2-1/2-year peaks, buoyed by hopes that COVID-19 vaccine rollouts will help the world beat the pandemic.

WASHINGTON: US trade officials said on Wednesday (Dec 30) they were increasing tariffs on certain European Union products, including aircraft-related parts and wines from France and Germany, amid an ongoing civil aircraft dispute between Washington and Brussels. In a statement, the Office of the ...

WASHINGTON :U.S. Senate Republican leader Mitch McConnell on Wednesday said a Democratic bill to raise coronavirus relief checks to US$2,000 from US$600 was unlikely to clear the Senate anytime soon, likely killing an effort to boost the aid that was championed by President Donald Trump.

Business analysts, luxury brand executives and academics gaze into their crystal balls as they offer up different scenarios on how 2021 will pan out.

Exxon Mobil Corp signaled in a regulatory filing on Wednesday that higher oil and gas prices and improved chemicals margins would aid fourth quarter results, but the gains would be overshadowed by an up to US$20 billion asset write down.

The Japanese government has awarded more than 100 contracts over the last decade to two non-profit groups set up by Dentsu Inc, according to a Reuters analysis of government data, in arrangements that some opposition lawmakers say obscured the role of the advertising giant in winning public funds.

Employers should enter 2021 resolving to communicate clearly boundaries on when responses to work are required, says NUS Business School’s Dr Rashimah Rajah.

I need the office – at least some of the time – so I can walk away, says the Financial Times' Emma Jacobs.

CREDIT Bureau Asia (CBA) on Wednesday launched Myanmar's first credit bureau.

HSBC chief executive Noel Quinn has the right idea, but he's going about it too slowly. In 2021, a lagging share price may force him to turbocharge his pivot towards the more lucrative Asian business. Selling the bank's US retail network and spinning off its ring-fenced UK unit...