Markets

Central banks need to fight climate change but all policy options on the table come with costly drawbacks, so action needs to be gradual and cautious, an umbrella group of the world's top central banks and supervisors said on Wednesday.

The Competition Commission of India (CCI) on Wednesday ordered a probe into the privacy policy update announced by Facebook-owned WhatsApp, saying the messaging service breached antitrust laws in the guise of its policy update.

German authorities have developed technology allowing investors to buy and sell securities on the blockchain in return for central bank money, bridging a gap between two worlds that once seemed irreconcilable.

A German court on Wednesday criticised curbs on data collection imposed on Facebook by the country's antitrust watchdog, in an indication that it may find in favour of the social network's appeal against the two-year-old order.

Chinese smartphone maker Xiaomi said earlier today in a filing to Hong Kong Exchange that Chew had resigned.

U.S. stock index futures rose on Wednesday as Intel's shares surged on plans to expand advanced chip making capacity, while investors looked to business surveys for March and another day of testimonies from the top two U.S. economic officials.

Euro zone business activity unexpectedly grew this month, a preliminary survey showed, but with much of Europe suffering a third wave of coronavirus infections and renewed lockdown measures, that may not last through April.

Shares of Reddit-darling GameStop Corp fell more than 13per cent before the bell on Wednesday, a day after the videogame retailer said it may raise funds through a share sale.

SINGAPORE: More employees may return to the workplace from Apr 5 and split team arrangements will no longer be mandatory as Singapore eases some COVID-19 measures.   The country will shift from working-from-home as a default to a more “flexible and hybrid way” of working, announced co-chair of the ...

Chinese smartphone maker Xiaomi Corp reported a 36.7per cent rise in fourth-quarter net profit on Wednesday, just as its major Android rival fell out of the market.