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Commentary: Investing in markets? Why future gains lie in tech stocks

Despite tech stocks tumbling on Wall Street in recent weeks, OCBC’s Vasu Menon says investors with a good risk appetite would do well to hold onto tech stocks.

Markets

Singapore’s resilient savers, and a question over the wealth gap

A SLEW of recent surveys from financial institutions point out that for those who can save, they have set aside buffers to insulate against financial threats from the health crisis that is Covid-19. But the data may also point to the widening wealth gap wrought by a...

Markets

Costco beats estimates on pandemic boost

Costco Wholesale Corp beat estimates for quarterly profit and revenue on Thursday, as consumers staying at home due to the COVID-19 pandemic bought more fresh produce, appliances and gardening and sporting goods.

Markets

France opens probe into BNP Paribas over its role in Sudan

Paris prosecutors have opened an investigation into French bank BNP Paribas over allegations of complicity in crimes against humanity in Sudan, a lawyer and Paris-based International Federation for Human Rights (FIDH) said on Thursday (Sep 24).

Markets

Ex Cambridge Analytica boss banned over ‘unethical services’: UK agency

The former head of now-defunct political consulting firm Cambridge Analytica has been banned from running limited liability companies in Britain for seven years for letting staff offer "unethical services", a state agency said.

Markets

Bayer resolves more Roundup cases, judge keeps pause on litigation

Attorneys for Bayer AG and consumers suing the company over allegations its Roundup weedkiller caused cancer told a judge on Thursday they are continuing to resolve thousands more cases, improving prospects for its US$11 billion deal to end the litigation.

Markets

Facebook suspends fake Russian accounts, warns of US election hack-and-leak threat

LONDON: Facebook Inc on Thursday said it had dismantled three networks of fake accounts which could be used by Russia's intelligence services to leak hacked documents as part of efforts to disrupt the upcoming U.S. election. The company said the accounts, which it suspended for using fake ...

Markets

French billionaire Arnault builds up Lagardere holding

France's richest man Bernard Arnault ratcheted up a tug-of-war over Paris Match publisher Lagardere on Thursday, revealing he had built up a direct stake in the firm, which is under siege from several other investors.

Markets

Amazon adds spherical speakers, car security products to devices lineup

Amazon.com on Thursday (Sep 24) announced the latest additions to its devices lineup, including voice-controlled Echo speakers with a new spherical design and Ring security video and alarm products for cars.

Markets

‘Healthy correction’ or something more? Stock swings keep investors on edge

A barrage of worrisome news is rocking the U.S. stock market after a nearly six-month surge, leading some investors to question whether the recent selloff in equities heralds a longer period of volatility.

Markets

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