Markets

The close and inconclusive US election has scuppered some short-term trades premised on a clear Joe Biden sweep, but money managers say they are sticking to bets on plentiful stimulus, a Chinese rebound and a green boom, regardless of who triumphs.

Twitter Inc on Wednesday flagged a post by President Donald Trump which said "surprise ballot dumps" were being found in hotly contested states during the presidential election as disputed and possibly misleading.

White House economic adviser Larry Kudlow on Wednesday said the Trump administration planned to push ahead with its agenda this year even as the election results remained unknown, including a continuing resolution to fund the government and a possible COVID-19 stimulus bill.

Twitter Inc on Wednesday flagged a post by President Donald Trump which said "surprise ballot dumps" were being found in hotly contested states during the presidential election as disputed and possibly misleading.

SINGAPORE: Three mattress suppliers said on Wednesday (Nov 4) that they will honour orders made by customers at Robinsons, despite not having received payments from the retailer. Customers had reported delays or cancellations on the delivery of mattresses they purchased, after Robinsons announced ...

Investors made bullish bets on U.S. corporate bonds on Wednesday while the equity market rallied as results from the presidential election came in.

Xi promises Chinese development plans won't hurt trade

Deutsche Bank said on Wednesday it had changed its view on the U.S. dollar given an extremely uncertain U.S. election outcome and no longer sees a "compelling narrative" for dollar weakness.

Huawei expects to have a smartphone market share in Germany of more than 10per cent in the fourth quarter, a senior executive said on Wednesday, adding that its new Mate 40 Pro premium device would ship from next week.

Global investors in Asia are sticking with bets on China's recovery and holding off on major portfolio changes as early results show a tight U.S. presidential election.