Markets

The U.S. House of Representatives passed legislation on Wednesday that could prevent Chinese companies from listing their shares on U.S. exchanges unless they adhere to U.S. auditing standards.

Warren Buffett-backed data warehouse firm Snowflake Inc reported a bigger third-quarter loss on Wednesday, in its first quarterly results following a blockbuster market debut in September, sending its shares more than 5per cent lower after the bell.

KUALA LUMPUR: This has been an eventful year for Top Glove Corporation Bhd, from record profits brought about by the pandemic to being the largest contributor of COVID-19 cases to Malaysia. To make matters worse, the government said on Tuesday (Dec 1) that it had opened 19 investigation papers ...

President-elect Joe Biden undoubtedly has plans to roll back many of President Donald Trump's policies when he takes charge of the White House next month, but when it comes to trade, he has signaled little may change - at least at first.

The stalwart of teen and 20-something fashion was too fixated on brick-and-mortar retail, says an observer.

THE Monetary Authority of Singapore (MAS) is drilling down to the local mix in technology units of financial institutions in Singapore to ensure skills transfer for high-end tech jobs, and has had "bespoke conversations" with financial institutions on their localisation plans at tech units.

INVESTMENT management firm Barings is laying the groundwork for an office in Singapore to serve as its hub for South-east Asia investment activities.

CHINA'S recent bond defaults by large state-owned enterprises (SOEs) are set to continue as Beijing warned it will crack down on fraud and show more tolerance for letting companies default on payments.

DBS and Standard Chartered (StanChart) will again slash rates on their respective savings accounts from Jan 1, 2021 on the back of a grim interest rate environment.

STANDARD Chartered (StanChart) on Wednesday announced the launch of its Singdollar sustainable time deposits - the first local currency sustainable deposit product that enables retail and private banking investors to get returns for their investments in sustainability.