Markets

Chinese companies are putting off plans for U.S. listings as tensions between the world's top two economies rise, lawyers, bankers, accountants and regulators involved in what has been a major capital-raising route told Reuters.

Cathay Pacific Airways Ltd said it expects to repay the Hong Kong government for HKUS$19.5 billion (US$2.52 billion) of preference shares over a three to five year period.

U.S. Secretary of State Mike Pompeo on Tuesday chided British bank HSBC for backing moves by China to end Hong Kong's autonomy, saying such "corporate kowtows" got little in return from Beijing.

KUALA LUMPUR: Malaysia has been hit with a series of stiff challenges this year - the COVID-19 pandemic, crash in global oil prices and political instability which saw an unexpected change of government.  With most business activities halted for about two months in a lockdown since Mar 18, the ......

Facebook’s founder offers a principled defence of his decision to leave up a Donald Trump tweet about looting in the aftermath of protests against George Floyd’s killing, but the circumstances raise doubts, says Mark Cenite.

WASHINGTON, DC: US Secretary of State Mike Pompeo on Tuesday (Jun 9) took to task HSBC for backing Beijing's controversial security law proposal in Hong Kong, warning of businesses' over-reliance on China. The Asia-focused British banking giant last week posted its support for the law on Chinese ...

CITI, in partnership with YMCA of Singapore, will distribute more than 45,000 meals and grocery packs to vulnerable communities in Singapore, in support of Covid-19-related community relief efforts.

LONDON: Thousands of British customers of Vodafone Group Plc , the world's second-biggest mobile operator, faced call connection problems on Tuesday (Jun 9) evening, although they were resolved within an hour. At the peak of the issue, the number of cases in the UK of customers struggling to make...

NEW YORK: The Nasdaq powered to its second straight daily record on Tuesday (Jun 9) but elsewhere on Wall Street stocks retreated, with the S&P 500 and Dow Jones Industrial Average closing lower. The tech-rich Nasdaq reached its latest all-time high of 9,953.75 at the closing bell, a gain of...