Markets

UOB has launched a programme that connects Asian businesses and individuals with its solar company partners to help clients go green and switch to solar power, it said on Tuesday.

JAKARTA: Indonesian President Joko Widodo on Tuesday (Oct 22) asked Sri Mulyani Indrawati to continue in her role as finance minister of Southeast Asia's biggest economy during his second five-year term in office, Indrawati told reporters. After a meeting with the president, Indrawati said she ...

China and the United States have achieved some progress in their trade talks, Vice Foreign Minister Le Yucheng said on Tuesday, adding that as long as both sides respected each other, no problem could not be resolved.

NEW YORK: American retail chain Macy's announced Monday (Oct 21) it would stop selling real fur in all of its stores from the start of 2021, acknowledging growing pressure from animal protection agencies. "This includes all Macy's and Bloomingdale's private brands, as well as items sold from brand ...

Oil prices steadied a little on Tuesday, supported by signs of progress in talks on resolving the U.S.-China trade dispute, but gains were contained by lingering anxiety a slowdown in the global economy could hurt crude demand.

Asian share markets edged ahead on Tuesday amid cheery chatter about the chance of a Sino-U.S. trade deal, while investors were sanguine yet another vote on Brexit would still avert a hard exit.

NEW YORK: Japan-based SoftBank is ready to buy a controlling stake in WeWork, providing the shared office space startup desperately needed funding at a slashed valuation, a source told AFP on Monday (Oct 21). Softbank is ready to invest an additional US$4 billion to US$5 billion in WeWork, taking...

NEW YORK: SoftBank Group Corp offered close to US$10 billion to WeWork owner The We Company, its employees and its investors on Monday under a plan to keep the struggling US office-space sharing start-up afloat that would lead to the exit of its co-founder and Chairman Adam Neumann, people familiar...

Colorado became on Monday the second state to drop out of an effort by state attorneys general led by New York and California to stop T-Mobile US Inc's US$26 billion merger with Sprint Corp .

Businesses and governments must end short-termism, and focus on goals and scorecards that look at sustainability and well-being, says Klaus Schwab.