Markets

China's Foreign Ministry said on Wednesday that lead China and U.S. trade negotiators will speak again soon after a U.S. administration official said an interim trade agreement between the United States and China might not be completed in time for signing in Chile next month as expected.

KUALA LUMPUR: Banks in Malaysia are closing the accounts of Iranian individuals and companies, nearly a dozen affected people told Reuters, in a sign that US sanctions are having a far-reaching impact on citizens of the Islamic republic. Although Malaysian banks seemed to be more cautious in ...

The initial public offering for state-owned oil company Saudi Aramco will come soon, and will be a decision taken by Saudi Crown Prince Mohammed bin Salman, the kingdom's energy minister said on Wednesday.

Volkswagen lowered its full-year outlook for vehicle deliveries warning of slowing demand even as nine-month adjusted operating profit rose 11.2per cent thanks to sports utility vehicle sales and a jump in demand for Skoda and Porsche cars.

TOKYO: Exports of beer from Japan to South Korea fell 99.9 percent year-on-year in September, Japan's finance ministry said Wednesday (Oct 30), as a boycott spurred by a bilateral dispute drags on. Relations between South Korea and Japan have fallen to new lows in recent months over long-running ...

REVENUE from South-east Asia's digital financial services could hit US$60 billion by 2025, but only if the region's financial players can crack barriers to lending in the SME (small and medium-sized enterprise) space. 

When Federal Reserve officials conclude their two-day policy meeting on Wednesday, they may at last have succeeded in divorcing the actions they take in managing the U.S. central bank's massive balance sheet from interest rate decisions.

U.S. President Donald Trump's demand that Beijing commit to big purchases of American farm products has become a major sticking point in talks to end the Sino-U.S. trade war, according to several people briefed on the negotiations.

Huawei Technologies lifted its share of China's smartphone market to a record 42per cent, with third-quarter shipments rising by two-thirds as domestic consumers rallied behind it after U.S. sanctions, data released on Wednesday showed.

The U.S. economy likely slowed further in the third quarter, held back by a moderation in consumer spending and declining business investment, which could spur the Federal Reserve to cut interest rates again to keep the expansion on course.