Markets

MENLO PARK, California: Former US president Donald Trump will find out this week whether he gets to return to Facebook. The social network’s quasi-independent Oversight Board said it will announce its decision Wednesday (May 5) on a case concerning the former president. Trump's account was ...

SINGAPORE: Singapore’s factory activity expanded for a 10th consecutive month in April, data released on Monday (May 3) by the Singapore Institute of Purchasing & Materials Management (SIPMM) showed. The Purchasing Managers' Index (PMI) recorded an increase of 0.1 point in April to post a faster ...

MONTREAL, Canada: Bombardier said on Monday (May 3) it expects first-quarter business jet revenues to rise by 18 per cent to US$1.3 billion from a year ago, helped by improving demand for air travel. The Montreal-based maker of Global aircraft will report results on Thursday. Bombardier expects ...

SUNNYVALE, California: AOL and Yahoo are being sold again, this time to a private equity firm. Verizon will sell Verizon Media, which consists of the pioneering tech platforms, to Apollo Global Management in a US$5 billion deal. Verizon said Monday (May 3) that it will keep a 10 per...

BEIJING: Electric vehicle maker Tesla, facing scrutiny in China over safety and customer service complaints, is boosting its engagement with mainland regulators and beefing up its government relations team, industry sources said. Tesla's change of strategy leading to more behind-the-scenes ...

SINGAPORE: Several businesses in the Novena area said sales have dipped in recent days as some customers choose to avoid malls close to Tan Tock Seng Hospital (TTSH) where Singapore's largest active COVID-19 cluster has emerged.   There are 35 cases linked to the cluster as of Monday (May 3). A...

Hong Kong's economy jumped back into growth in the first quarter of the year, official figures showed on Monday (May 3), ending the city's most pronounced period of recession in its modern history.

Australia on Monday said a Chinese company's controversial 99-year-lease on Darwin Port is under review and could be scrapped, opening a new point of friction in relations between Beijing and Canberra.

FOLLOWING DBS's robust Q1 earnings on record fee income and lower provisions, RHB and Jefferies are raising their target prices for the bank, citing strong business momentum and a high loan growth guide as reasons for the optimism on South-east Asia's largest bank.

TOKYO: Finance ministers and central bank governors from China, Japan and South Korea on Monday (May 3) vowed "targeted" measures for those countries most affected by the COVID-19 pandemic, and committed to foster fiscal and financial stability. In a joint statement issued after a virtual meeting ...