Markets

LONDON: The easing cycle at emerging market central banks continued unabated in January with policymakers continuing to join major central banks in efforts to shore up their economies. Interest rate moves by central banks across a group of 37 developing economies showed a net seven cuts in January ......

The European Union wants an ambitious future partnership with Britain, including zero tariffs and quotas, but will demand commitments to ensure open and fair competition, according to the EU's draft mandate for negotiations released on Monday.

Oracle Corp said on Monday it had added new cloud computing data centers in five countries and aims to have them in 36 locations by the end of 2020, as it races with Amazon.com and Microsoft Corp for market share.

Britain's access to the European Union's single market will depend on its alignment with the bloc's rules and regulations, EU Brexit negotiator Michel Barnier said on Friday.

SINGAPORE: Aqua Munda, the little-known investor looking to purchase about S$1.8 billion worth of Hyflux’s debts, has extended the deadline of its offer for the second time. It is giving eligible creditors about three more weeks until 5pm on Feb 22 to submit their bids, Aqua Munda said in...

OPEC and its allies are considering a further cut in their oil output of 500,000 barrels per day (bpd) due to the impact of the coronavirus on oil demand, two OPEC sources and a third industry source familiar with discussions said on Monday.

Cigarette maker Imperial Brands Plc named Stefan Bomhard, CEO of car dealer Inchcape , as its new chief executive on Monday to steer the company through challenges in e-cigarettes and vaping and falling consumption of tobacco products.

HONG KONG: The Hong Kong economy's first recession in a decade deepened in the fourth quarter of last year, weighed down by often violent anti-government protests and the U.S.-China trade war, advanced estimates showed on Monday. The economy shrank by a seasonally adjusted 0.4% in October-December ...

Panasonic Corp on Monday reported a 3 per cent rise in third-quarter operating profit, beating analyst estimates, thanks to restructuring efforts and an improvement at the joint battery business with Tesla

SINGAPORE banks are likely to suffer weaker loan growth and more volatile earnings in light of the coronavirus outbreak, but are sufficiently equipped with "good capital buffers" to weather the immediate negative impact, S&P Global Ratings said in a press statement on Monday.