Markets

SINGAPORE banks' upcoming dividend payout is less likely to be impacted by deliberations by the regulator on banks' capital management plans, said CGS-CIMB.

A rise in 5G network sales and software revenue helped Ericsson report higher-than-expected quarterly core earnings on Friday, when it said it was sticking to its financial targets for 2020 and 2022.

European shares edged higher on Friday as focus turned to Brussels where European Union leaders are expected to hammer out details of a 750-billion-euro recovery fund, with positive earnings updates from Ericsson, Daimler and other firms also supporting gains.

Some K-pop stars' accounts have been blocked from view on TikTok's China version Douyin, Reuters' checks showed on Friday, days after South Korea's media regulator slapped fines on the short-video app for data privacy noncompliance.

Backed by multi-billion-dollar investments from global tech giants, India's richest man is ready to rumble with Amazon and Walmart for the country's huge e-commerce market through his conglomerate Reliance.

A plane carrying Emilio Lozoya, a former chief executive of Mexican state oil firm Petroleos Mexicanos (Pemex) who is facing corruption charges, landed in Mexico early on Friday, television images showed.

In the wake of the Wirecard accounting scandal, exchange operator Deutsche Boerse said on Thursday it was proposing rules to enable it to quickly expel companies from the leading DAX index if those firms file for insolvency.

HONG KONG: Hong Kong's Cathay Pacific Airways expects a first-half net loss of HK$9.9 billion (US$1.3 billion), including impairment charges on 16 planes, the airline said on Friday (Jul 17), as the coronavirus pandemic crushed travel demand. Earlier, the airline had flagged a "substantial" first ...

REUTERS: Twitter Inc said late on Thursday that hackers targeted about 130 accounts during the cyber attack this week, an incident in which profiles of many prominent personalities and organizations were compromised. Twitter said that the hackers were able to gain control of a small number of ...

Surges in coronavirus infections are slowing a recovery in fuel use from the doldrums of lockdowns in the United States and other countries, raising concern it could be years before consumption rebounds from the impact of the pandemic.