Markets

LONDON: British government debt has exceeded £2 trillion for the first time following massive state borrowing as the coronavirus pandemic pushed the UK economy into a record recession, official data showed on Friday. At the end of July, total accumulated debt hit £2.004 trillion (US$2.61 trillion) ...

BERLIN: Germany must take on yet more debt in 2021 to lessen the impact of the coronavirus on the economy, Finance Minister Olaf Scholz said on Friday (Aug 21). "Next year we will continue to be forced to suspend the debt rule and spend considerable funds to protect the...

China will step up efforts to make breakthroughs in key technologies, President Xi Jinping said, according to state TV on Friday.

British Airways is increasingly likely to face strike action this autumn, as the trade union representing cabin crew said that new contracts offered to the airline's remaining staff did not offer enough stability and could cut pay substantially.

JAKARTA: China's Sinovac Biotech has committed to provide up to 40 million COVID-19 vaccine doses to Indonesia's government between November and March, a minister said, as the Southeast Asian nation seeks to secure its supply as cases rise unabated. During a visit to China, Indonesian Foreign ...

An Indian parliamentary committee will question Facebook executives on how the social media giant regulates political content in the country, a panel member told Reuters on Friday, following controversy about its practices.

The Federal Reserve's doubts over the U.S. economic recovery kept markets in the red on Thursday, even though European stock indexes spent the morning recovering from initial losses.

TOKYO: Singapore's Wuthelam Group will take majority control of Nippon Paint Holdings, spending 1.19 trillion yen (S$15.6 billion) to raise its stake to just under 60 per cent from 39 per cent now, the Japanese company said in a statement on Friday (Aug 21). Wuthelam will become a majority ......

TOKYO: Singapore's Wuthelam Group will take majority control of Nippon Paint Holdings, spending 1.28 trillion yen (S$16.5 billion) to raise its stake to just under 60 per cent from 39 per cent now, the Japanese company said in a statement on Friday (Aug 21). Wuthelam will become a majority ......

ABOUT 73 per cent of Singapore businesses expect to use at least one fintech product or service in the next 12 months, compared with 67 per cent in the past 12 months.