Markets

Cash may be king, but stock is queen in the land of technology mergers and acquisitions during a pandemic-fueled tech boom.

Global equities languished close to two-week lows on Thursday, while the dollar cruised to near a four-month high against the euro as nervy investors worried that Europe's COVID-19 response was falling behind that in the United States.

More foreign retail brands came under criticism from social media in China on Thursday, in the wake of Beijing's propaganda offensive against H&M over the Swedish company's previously aired concerns on Xinjiang.

The U.S. securities regulator has opened an inquiry into Wall Street's blank check acquisition frenzy and is seeking information on how underwriters are managing the risks involved, said four people with direct knowledge of the matter.

WELLINGTON: New Zealand's parliament has unanimously passed legislation giving working mothers and their partners the right to paid leave after suffering a miscarriage or stillbirth, in what is believed to be one of the first provisions of its type in the world. The bereavement allowance, passed ...

More foreign retail brands came under criticism from social media in China on Thursday, in the wake of Beijing's propaganda offensive against H&M over the Swedish company's previously aired concerns on Xinjiang.

The United States and Taiwan are natural partners when it comes to semiconductors and promoting this cooperation is a U.S. priority, the de facto U.S. ambassador in Taiwan said on Thursday.

SINGAPORE: More than S$3 billion in payouts will be disbursed to employers under the Jobs Support Scheme (JSS) from Mar 30.  The payouts will be given to more than 150,000 employers to support the wages of more than 2 million local employees, said the Inland Revenue Authority of Singapore...

BRUSSELS: Europe needs to pump 300 billion euros (US$355 billion) into its telecoms infrastructure by 2025 if it wants to roll out super fast 5G across the 27-country bloc to boost economic growth and tap the potential of the technology, a report said on Thursday. The study by consulting...

A U.S. government plan to upgrade the nation's infrastructure could further fuel the stock market's rally, but skepticism about a massive spending package navigating political obstacles and the speed of any benefits filtering into the economy stand to temper any enthusiasm.