Markets

U.S. economic growth picked up slightly in the third quarter, rather than slowing as initially reported, and there are signs the downturn in business investment could be drawing to a close.

U.S. economic growth picked up slightly in the third quarter, rather than slowing as initially reported, amid a stronger pace of inventory accumulation and a less steep decline in business investment.

WeWork's failure to go public and this year's disappointing tech IPOs in the United States are a positive sign of market discipline and investor vigilance, Oaktree Capital's billionaire co-chairman Howard Marks said.

NEW YORK: U.S. stocks will keep rising in 2020 but at a much more modest pace than this year, with plenty to potentially slow the ascent, according to a Reuters poll of strategists. The benchmark S&P 500 index will finish 2020 at 3,260, roughly 4per cent above its close...

Even though the U.S. stock market continues a record-breaking rally that has sent the benchmark S&P 500 index up nearly 25per cent for the year, investors appear to be looking elsewhere for better values in the year ahead.

Thailand reversed a decision on Wednesday (Nov 27) to ban a controversial weedkiller and extended the permitted use of two other pesticides for six months, following pushback from its multi-billion dollar agriculture industry.

U.S. stock index futures were slightly higher on Wednesday, as optimism around trade talks continued, while investors waited for crucial domestic economic indicators in a holiday-shortened week.

Deutsche Bank has sold US$50 billion (45 billion euros) in unwanted assets to Goldman Sachs as part of its restructuring, a person with knowledge of the matter said on Wednesday, confirming a Bloomberg report.

SINGAPORE: Beleaguered Hyflux has applied to the Singapore High Court for another two-month extension of its debt moratorium. The applications by Hyflux and three of its subsidiaries, will be heard at a scheduled court hearing on Friday, the company said in a filing to the Singapore Exchange on ...

BMW management and labor have reached an agreement on measures to reduce costs that avoids "drastic measures", the German carmaker said on Wednesday.