SINGAPORE: China is widely reported to be the first and only G20 economy to recover from the COVID-19 pandemic with growth in 2020. This reverses the shrinkage of its economy by 6.8 per cent in the first quarter of the year due to the initial lockdown reaction to the...
:Robotics company Nuro on Wednesday received the first-ever permit to commercially deploy its self-driving vehicles in California, allowing the Silicon Valley firm to charge clients for its driverless delivery service.
THE urgent need to fund Asia's prolonged fight against the pandemic has spilled over into the region's capital markets, via the issuance of social bonds that has more than tripled since the onset of Covid-19.
:The S&P 500 and the Dow rose on Wednesday, while the Nasdaq lagged as investors shifted out of technology and into cheaper sectors that are poised to benefit from an eventual economic recovery.
The European Union and Britain could agree the terms of a post-Brexit trade deal within hours, European sources said Wednesday, as negotiators sought to hammer out the last details.
President Donald Trump's threat late on Tuesday (Dec 23) to veto the US$892 billion coronavirus relief bill approved by Congress this week may delay aid for millions of families on the cusp of eviction and about to lose unemployment benefits.
The United States is urging European allies and private companies to halt work that could help build the Nord Stream 2 natural gas pipeline and is preparing wider sanctions on the Russian project in coming weeks, senior Trump administration officials said on Wednesday (Dec 23).
The US Treasury Department on Wednesday (Dec 23) extended a measure barring transactions related to Venezuelan state oil company Petroleos de Venezuela's 2020 bond until July 2021, amid heavy US sanctions on the South American country.
The U.S. Securities and Exchange Commission (SEC) on Wednesday asked for public comment on broker-dealer custody of digital assets and how the broker-dealers should be regulated when holding these products and recommending them to investors, the agency said in a statement.
