Markets

Walmart last year launched its biggest expansion in Mexico since 2013, opening 134 new stores in its top foreign market and boosting its presence by nearly 5per cent, the retailer said Wednesday.

NEW YORK: The Nasdaq surged to a fresh record on Wednesday (Jan 8), as the major US indices all rose amid diminished anxiety over the US-Iran conflict in the wake of an attack on American troops. The tech-rich Nasdaq Composite Index finished up 60.66 points (0.67 per cent) at 9,129.24,...

WITH a population of 570 million and a booming GDP expected to reach US$4.7 trillion by 2025, the six largest markets in South-east Asia - Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam - represent one of the world's fastest-growing regions. Within the region, the digital financial...

OCBC has hired veteran banker Helen Wong as deputy president and head of global wholesale banking.

CGS-CIMB is maintaining its "overweight" call on Singapore's banks amid a flurry of developments over the contenders for the ongoing digital bank race.

Twitter Inc has suspended more than a dozen accounts associated with Venezuela's government and military, including the OPEC nation's oil ministry and the armed forces' operational command.

The S&P 500 and the Nasdaq hit record highs on Wednesday after President Donald Trump said there were no American casualties in the Iranian missile strikes and that Tehran appeared to be standing down, sparking a relief rally in markets.

Takata is recalling 10 million replacement air bag inflators in the United States, the largest ever auto safety recall in history, as U.S. regulators consider whether to make it even wider.

McDonald's Corp said on Wednesday it will expand its trial in Canada of vegan burgers made by Beyond Meat as the world's biggest fast food chain tests the viability of a broader rollout.

Lyft Inc on Wednesday said it has teamed up with JPMorgan Chase & Co to offer extended rewards to Chase customers using their credit cards to pay for Lyft rides.