Markets

Facebook Inc said in a blog post Monday it will begin rolling out a notification for iPhone users globally about how data is used for personalized ads, in an attempt to get ahead of upcoming Apple Inc privacy changes that Facebook says will hurt its advertising business.

SINGAPORE: Silver broke above US$30 an ounce for the first time since 2013 on Monday (Feb 1) as an army of retail traders stormed into the metal after betting billions of dollars on stocks last week, triggering risks of a multi-asset melt-up in global markets. Organised in online forums...

LONDON: Global shares bounced and silver markets surged on Monday (Feb 1) as retail investors expanded their social media-fuelled battle with Wall Street to drive the precious metal to an eight-year high. Stock markets were roiled last week after a spike in retail demand to buy the stocks most...

Mexico's government plans to seek more than US$500 million from Canadian miner First Majestic Silver Corp in what it says are owed taxes for artificially keeping its silver prices low over the past decade, two sources told Reuters.

On three hours of sleep a night and with no time to eat, one New York-based hedge fund manager overseeing billions in assets called last week the most stressful of his life.

WASHINGTON: Arguably the last thing new US Treasury Secretary Janet Yellen wants to take up during her first days in office is a financial market imbroglio involving one of her last private sector business relationships. But as hedge fund Citadel emerges as one of the key actors in the...

LONDON: Wall Street's retail trading frenzy has distorted markets, global hedge funds industry body AIMA said on Monday (Feb 1), adding it was concerned that lawmakers were encouraging such moves. Retail investors gathering in social media chatrooms like Reddit have been driving up the price of ...

Twitter blocked dozens of accounts in India on Monday, including that of a leading newsmagazine, on the demand of the government on grounds that the users were posting content aiming to incite violence, two sources familiar with the matter told Reuters.

NEW DELHI: India boosted its healthcare spending by 135 per cent in a budget unveiled on Monday (Feb 1) and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its deepest recorded slump as a result of the COVID-19 pandemic. Delivering...

BEIJING: China launched a carbon trading system on Monday (Feb 1) designed to drive down emissions, as the world's biggest polluter takes steps towards decarbonising its economy by 2060. The scheme lets provincial governments set pollution caps for big-power businesses for the first time and ...