Markets

The U.S. economy grew moderately in the fourth quarter, the government confirmed on Thursday, and is facing a bumpy road in early 2020 amid the fast-spreading deadly coronavirus that has roiled financial markets.

REUTERS: Futures indicated that the Dow Jones Industrials index would shed more than 300 points at the open on Thursday after the rapid spread of the coronavirus outside China deepened worries about growth and corporate earnings. The number of new infections in China, the source of the outbreak ......

REUTERS: U.S. stock index futures dropped more than 1per cent on Thursday as investors stayed away from making riskier bets after the rapid spread of the coronavirus outside China deepened worries about growth and corporate earnings. The number of new infections in China, the source of the ...

SINGAPORE: Electric vehicles (EVs) were on the agenda again on the second day of Budget debate, with several Members of Parliament (MPs) asking if other alternative fuels were also being considered in the country’s move to a cleaner transport sector.  The questions came after Deputy Prime Minister ...

The Federal Reserve, long criticized for being too white and male, crossed a substantial milestone last year: for the first time in its 107-year history, white men held fewer than half of board seats at the Fed's 12 regional outposts.

Climate change poses a risk to the financial sector and central banks need to pay closer attention as banks have some way to go in assessing and disclosing their exposure, European Central Bank President Christine Lagarde said on Thursday.

Blackstone Group Inc Chief Executive Stephen Schwarzman said the world's biggest private equity firm cannot buy Bloomberg should it come up for sale as long as the firm owns competitor Refinitiv.

REUTERS: Playtech on Thursday warned results for 2020 would be below market expectations as the coronavirus outbreak hurt the gambling software maker's two largest markets of Asia and Italy, sending its shares tumbling to an eight-year low. The company said the outbreak dented recent trading at ...

Shares in Finnish telecom network equipment maker Nokia Oyj outperformed a falling market on Thursday, following a Bloomberg report it was weighing options for potential asset sales and mergers.

British retailer Tesco has asked bidders to submit binding offers for its Asian business by Friday, in a deal that will see Thai billionaires fight for an asset valued at up to US$9 billion, sources with direct knowledge of the matter said.