Markets

WHEN Qiming Ventures invested in Mobike, it saw a disruptive force tackling the issue of getting around dense cities in the world's most populous country, observed Helen Wong, the partner who was behind the Chinese venture capital (VC) firm's investment in the Chinese bike-sharing firm.

VERTEX Ventures' Chua Kee Lock may try to tell startups at a pitch that it is no big deal.

SOUTH-EAST Asia's top venture debt firm InnoVen Capital sees room to be more active in deals this year, as startup founders look to reduce equity dilution without losing sight on growth, said a senior executive from InnoVen.

VENTURE funds are pouring into the region at an unprecedented rate as big venture capital (VC) names from China and India jostle to tap on growth in South-east Asia.

CHICAGO: Normally, US airlines compete to sell tickets and fill seats during the peak summer travel season. But operators of the grounded Boeing 737 MAX are facing a different problem: scarce planes and booming demand.  The grounding of Boeing Co's fuel-efficient, single-aisle workhorse after two ...

REUTERS: Facebook Inc's social networking site, photo-sharing social network Instagram and messaging app WhatsApp were inaccessible to some users on Sunday, downdetector.com, which monitors outages, showed. Downdetector.com indicated that there were more than 12,000 incidents of people reporting ...

Publicis will pay US$4.4 billion to acquire Alliance Data's Epsilon marketing unit, the French advertising group said on Sunday, expanding its digital business and North American footprint.

As President Donald Trump keeps up his attacks on the Federal Reserve's policies, Wall Street is cautiously embracing them, giving a passing grade to the Fed's communication since its shift in January to a "patient" approach on rate hikes.

As a financial crisis spread across the globe in September of 2008, the U.S. Federal Reserve gathered in an emergency atmosphere as requests flooded in from other central banks for access to dollars.

Germany's motor vehicle authority KBA is investigating Daimler on suspicion that 60,000 Mercedes cars were fitted with software aimed at tricking emissions tests, the Bild am Sonntag newspaper reported on Sunday.