Markets

Wall Street was set to open higher on Friday after data showed faster-than-expected jobs growth in February, reinforcing bets on an economic rebound driven by massive fiscal stimulus and vaccination drives.

Wall Street was set to open higher on Friday after data showed faster-than-expected jobs growth in February, reinforcing bets on an economic rebound driven by massive fiscal stimulus and vaccination drives.

U.S. stock index futures turned negative on Friday, with longer-dated Treasury yields jumping after data showed jobs growth accelerated at a faster-than-expected rate in February.

HBC, the owner of Saks Fifth Avenue, said on Friday it would launch the luxury department store's e-commerce segment as a separate business following a US$500 million infusion from Insight Partners, a U.S. private equity firm, in the online business.

During several days of brutal cold in Texas, the city of Austin saw its fleet of 12 new electric buses rendered inoperative by a statewide power outage. That problem will be magnified next year, when officials plan to start purchasing electric-powered vehicles exclusively.

A group of U.S. lawmakers will visit an Amazon.com Inc facility in Alabama on Friday, lending their support to a growing push to unionize workers at the e-commerce firm.

THE Monetary Authority of Singapore (MAS) on Friday announced new senior management appointments as its head of financial supervision Ong Chong Tee leaves.

Cryptocurrency trading volumes soared by 17per cent last month in the wake of Tesla's US$1.5 billion bitcoin bet, with larger exchanges taking a growing share of the overall volumes, data showed on Friday.

U.S. grocery delivery app Instacart is considering going public through a direct listing, concerned that it could leave money on the table through a traditional initial public offering (IPO), according to people familiar with the matter.

BEIJING: China will invest more in coal to power its economy over the next five years, according to a government plan released Friday (Mar 5) that only modestly increased renewable ambitions. Environmentalists had been hoping China's five-year national development plan, unveiled at its annual ...