Markets

Videogame publisher Take-Two Interactive Software Inc raised its full-year revenue forecast on Monday, based on the success of its games "NBA 2K", "Grand Theft Auto V" and "Red Dead Redemption 2".

SHANGHAI: China's decision to let its currency weaken against the dollar on Monday (Aug 5)  sent global markets diving further into the red and provoked a Twitter tirade from US President Donald Trump. The deteriorating picture appeared to worsen as official Chinese media reported Beijing ceased ...

U.S. stock index futures pointed to more losses on Monday as China's yuan hit its lowest in a decade, spurring a continuation of a sell-off on trade concerns on Friday that generated the S&P 500's worst weekly performance of 2019.

New Media Investment Group said on Monday it will buy USA Today-owner Gannett Co , valuing the company at about US$1.4 billion.

Britain's data protection watchdog said on Monday that it had joined with its counterparts from around the world in calling for more openness about Facebook's proposed Libra digital currency.

WASHINGTON: US services sector activity slowed in July as new orders dropped to their lowest level in three years, suggesting the economy lost further momentum early in the third quarter. The report from the Institute for Supply Management (ISM) added to last week's data showing a slowdown in ...

LONDON: European stock markets tumbled on Monday (Aug 5) after the Chinese yuan fell sharply in what analysts said was Beijing's riposte to US President Donald Trump vowing to impose fresh tariffs on Chinese goods in the latest trade war flare-up. "Stocks are sliding after China retaliated against ......

U.S. stock index futures pointed to more losses on Monday as China's yuan hit its lowest in a decade, spurring a continuation of a sell-off on trade concerns on Friday that generated the S&P 500's worst weekly performance of 2019.

SINGAPORE: Hyflux has clarified that it has until Aug 26, instead of Aug 16, to ink a definitive agreement with United Arab Emirates utility firm Utico. The debt-ridden water treatment firm made these clarifications late on Monday (Aug 5), three days after it said it had been given a...

China's decision to let its yuan plunge through a previously sacrosanct level means a tit-for-tat trade conflict could morph into a currency war, injecting volatility into long-dormant foreign exchanges and piling pressure on world markets.