Markets

China will monitor changes in overseas and domestic markets, and effectively cope with fast increase in commodity prices and its related impact, the state council said on Wednesday.

BLOCKCHAIN platform Digiassets Exchange (Singapore) (SDAX) and fintech company Minterest Holdings have agreed to merge to build a global digital asset exchange ecosystem amid growing demand for alternative investments.

Travel company Trip.com Group expects a surge in demand for outbound travel from China once COVID-19 restrictions ease, but in the meantime is focusing on "personalised" packages for domestic tourism, its CEO said on Wednesday.

NEW DELHI: India's cabinet on Wednesday approved a proposal to provide incentives to boost domestic production of batteries with advanced energy storage capacities, a government minister said. The 181-billion rupee (US$2.47 billion) plan would reduce India's import dependence and help sectors ...

SHANGHAI: The US Department of Defense will remove China's Xiaomi Corp from a government blacklist, a court filing showed, marking a noteworthy reversal by the Biden administration of one of Donald Trump's last jabs at Beijing before exiting office. The filing stated that the two parties would ...

TOKYO: Toyota reported on Wednesday (May 12) that its profit more than doubled in January-March from a year earlier to 777 billion yen (US$7 billion), as the Japanese automaker’s sales recovered from the pandemic. Toyota Motor Corp's profit in January-March 2020 was 327 billion yen. Quarterly ...

SINGAPORE: Ensuring a smooth transition amid the restructuring, beefing up newsrooms and improving user experience for Singapore Press Holding’s (SPH) media products are among the key priorities for Mr Khaw Boon Wan, who will chair the entity overseeing SPH’s media business when it is hived off ...

China's new bank loans fell more than expected in April while money supply growth slowed to a 21-month low, as the central bank gradually scales back pandemic-driven stimulus to reduce debt and financial risks in hot areas of the economy.

LONDON: The British economy contracted by a quarterly rate of 1.5 per cent in the first three months of 2021, a relatively modest contraction given that the country was in the midst of a strict lockdown to combat a second wave of the coronavirus. The Office for National Statistics...

TAIPEI: Taiwan reported its largest daily rise in domestic COVID-19 cases on Wednesday (May 12), while the stock market tanked after the health minister warned the island could move to a higher alert level, though he later clarified that step was not imminent. Early and effective prevention steps ......