Markets

Bots on major social media platforms have been hyping up GameStop and other "meme" stocks, according to an analysis by Massachusetts-based cyber security company PiiQ Media, suggesting organized economic or foreign actors may have played a role in the Reddit-driven trading frenzy.

The City of London's finance industry would be worse off than rival New York under an early draft for a cooperation agreement in financial services between Britain and the European Union, a document, seen by Reuters, showed.

KUALA LUMPUR: Malaysian banking group AMMB Holdings Berhad (AmBank) said on Friday (Feb 26) it will pay RM2.83 billion (US$699 million) to settle claims linked to a massive financial scandal at state fund 1MDB, a hefty payment that is expected to have a material impact on the group's earnings ...

A senior Democratic lawmaker said there is a growing appetite for a new federal cybersecurity breach notification law in the wake of a sprawling series of digital intrusions blamed on the Russian government.

British businesswoman Amanda Staveley has lost a long and bitter London court battle against Barclays over whether she is owed damages after alleging she was deceived while negotiating a financial lifeline for the bank in 2008.

Volkswagen expects deliveries, revenues and margins to rebound strongly this year as the coronavirus pandemic eases, after an almost halving in profits in 2020 that was still better than the German carmaker originally expected.

Norwegian Air has cancelled all the 88 narrow-body jets that remained on order from Airbus, a Norwegian Air spokesman said on Friday.

U.S. consumer spending increased by the most in seven months in January as the government doled out more pandemic relief money to low-income households and new COVID-19 infections dropped, setting up the economy for faster growth in the first quarter.

NEW DELHI: India's economy grew 0.4 per cent year-on-year in the final quarter of 2020, official data showed on Friday (Feb 26), ending its first recession since independence as easing COVID-19 restrictions sparked a modest recovery. The country has struggled to claw back lost ground after a ...

SINGAPORE: Singapore does not need an independent fiscal council because the country continues to be fiscally prudent, Minister in the Prime Minister's Office and Second Minister for Finance Indranee Rajah said on Friday (Feb 26) in response to a suggestion from Workers' Party MP Jamus Lim.  ...