Markets

The Chinese currency steadied on Tuesday, a day after Beijing let the yuan weaken against the dollar, sending markets into freefall and leading the US to formally designate China a "currency manipulator".

Critics pressed Twitter and other tech companies to shun online message board 8chan on Monday, after it was used by a mass shooter to announce an attack for the third time this year.

TRADING activity in Singapore Exchange (SGX) USD/CNH futures spiked to a record high on Monday, with trading volumes surpassing US$10 billion per day for the first time.

SINGAPORE: British bank HSBC will axe thousands of jobs globally in an overhaul of its operations, but said its Singapore business “remains key” to its growth. The bank will axe 2 per cent of its workforce, or roughly 4,000 jobs, as part of a new restructuring exercise aimed at weathering...

NEW YORK: World stock markets plunged on Monday (Aug 5) as Beijing parried US President Donald Trump's latest tariff announcements by moving to let the China yuan currency devalue and halting purchases of US agricultural products. The rebuttal sparked Wall Street's worst selloff of the year and ...

Global stocks extended their already substantial losses and the offshore yuan hit an all-time low on Tuesday after Washington designated Beijing a currency manipulator in a rapid escalation of the U.S.-China trade war.

Japan's Fair Trade Commission is investigating Apple Inc over its pressure on Japanese parts makers and whether it abused its position of power in violation of antimonopoly rules, the Mainichi newspaper reported on Tuesday.

WASHINGTON: The US government has determined that China is manipulating its currency and will engage with the International Monetary Fund to eliminate unfair competition from Beijing, US Treasury Secretary Steven Mnuchin said in a statement on Monday (Aug 5). The move brings already tense US ...

It's 10 o'clock at night, and Benjamin Arnold's day is just beginning. The former Goldman Sachs trader is gearing up to trade equities in Asia from his small office thousands of miles away in Park City, Utah.

Sharper losses could be in store for Wall Street.