U.S. central bankers are expected to lower borrowing costs this week for the first time since the depths of the financial crisis more than a decade ago. That's the easy part.
Spooked by a global economic slowdown, the U.S. Federal Reserve is seen launching on Wednesday its fifth interest rate-cutting campaign since 1995. It will come despite many signs of strength in the U.S. economy.
Japan's SoftBank Group Corp will invest US$2 billion in ride-hailing app Grab, its chief executive, Masayoshi Son, told reporters in Jakarta on Monday.
HONG KONG: Asia markets were mostly down on Monday (Jul 29), with investors cautious ahead of US-China talks in Shanghai this week and amid more civil unrest in Hong Kong. Two-day discussions begin on Tuesday with a Washington delegation led by White House Trade Representative Robert Lighthizer ...
Asian shares got off to a cautious start on Monday as markets count down to a likely cut in U.S. interest rates this week with much riding on whether or not the Federal Reserve signals yet more are in the pipeline.
SINGAPORE: DBS Group Holdings, Southeast Asia's biggest lender, beat market estimates by reporting a 17 per cent increase in second-quarter profit, supported by a rise in net interest income. The Singaporean bank's net profit came in at S$1.6 billion in the three months ending June, versus S$1.37 ...
A scheme to create 20,000 jobs in Honduras has been agreed between the country's president and Mexico's leader in an attempt to stem the flow of migrants toward the United States.
Two years ago, Satish P., a bakery owner in the small village of Harohalli near Bengaluru, had his doubts about stocking Mondelez's Cadbury Silk bars.
A US threat to pull recognition of China's "developing nation" status at the World Trade Organisation is a pressure tactic ahead of this week's trade talks and is bound to fail, a commentary in state media said Monday.
China's goal to become the world's renewable energy superpower remains a distant goal as coal continues to be the dominant fuel in the country's energy mix, University of Dundee's Janet Xuanli Liao points out.