Markets

Monetary policy is "well positioned" to support the strong labor market, which is just now starting to benefit workers on the margins, Federal Reserve Chair Jerome Powell said Monday.

At Tuesday’s (Nov 26) listing ceremony, CEO Daniel Zhang noted Alibaba's Hong Kong debut had been a long time coming.

Alibaba Group's Hong Kong shares are set to rise 6.3per cent in their debut after marking the city's biggest share sale in nine years.

Oil prices were steady on Tuesday, holding onto gains from the previous session, after positive comments from the United States and China kept alive hopes that the world's two largest economies are soon to agree an end their trade war.

The U.S. Department of Agriculture said on Monday that commodity exporters must disclose sales of hog carcasses, giving officials and traders more insight into a surge of Chinese pork buying that has roiled global meat markets.

Asian stocks rose on Tuesday as an apparent olive branch from Beijing in trade talks with Washington added to other recent signs of progress, fuelling a rally in Wall Street's main benchmarks to record highs.

CROSS-BORDER payments startup Thunes has obtained regulatory approval from the Monetary Authority of Singapore (MAS) for payment services in Singapore.

Monetary policy is "well positioned" to support the strong labor market, which is just now starting to benefit workers on the margins, Federal Reserve Chair Jerome Powell said Monday.

U.S. House of Representatives Speaker Nancy Pelosi said on Monday that a version of the U.S.-Mexico-Canada trade agreement that House Democrats could back was "within range" but that they needed to conduct a final review.

REUTERS: Australia's Westpac Banking Corp said on Tuesday its CEO will step down and its chairman will bring forward his retirement as a money-laundering scandal rocks the country's second-largest retail bank. The departures make Westpac the third of Australia's four major banks to lose one or ...