Asian stocks edged up on Thursday, a day after U.S. S&P 500 hit a record peak following encouraging economic data, while investors keep a wary eye on the impact of the coronavirus outbreak.
WASHINGTON: The Trump administration is ramping up pressure against Venezuelan President Nicolas Maduro's government, and energy companies with ties to it, from Russia's Rosneft to U.S.-based Chevron Corp , should "tread cautiously," a senior administration official said on Wednesday. The ...
Brazil's development bank BNDES sold on Wednesday US$5.2 billion in common shares it owned in state-controlled oil company Petroleo Brasileiro SA , two people with knowledge of the matter said.
Qualcomm Inc forecast second-quarter revenue largely above Wall Street estimates on Wednesday, in the latest sign that a protracted slowdown in chip industry has bottomed out.
Yum China Holdings Inc said on Wednesday its 2020 sales and profit would take a hit, as the coronavirus outbreak has forced the fast food restaurant operator to temporarily shut more than 30per cent of its stores.
NEW YORK: The S&P 500 and the Nasdaq surged to fresh records on Wednesday (Feb 5) following strong US jobs data as markets continued to bet the new coronavirus will not significantly crimp global growth. The broad-based S&P 500 jumped 37.10 points (1.13 per cent) to 3,334.69, while the...
PARIS: France's Hermes said on Wednesday it would start selling make-up from March, as the brand best known for its pricey Birkin handbags branches into a competitive beauty industry where its luxury rivals include Chanel. Hermes, which already sells perfumes, will make its first foray into ...
CITIBANK Singapore will shut its 15-year old MacDonald House branch on Feb 28, with plans to open a new retail banking branch as part of its network rejig.
BANKING veteran Dennis Tan has been appointed CEO of Prudential Singapore, with the 51-year-old expanding the club of Singaporeans who now lead major financial institutions.
FACED with Singapore's growing expenditures in healthcare, security and other forms of social spending, the government had announced during Budget 2018 that it plans to raise the Goods and Services Tax (GST) by two percentage points from 7 per cent to 9 per cent, sometime between 2021...
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