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Markets

Commentary: How Singapore can thrive in a world past peak trade, with more regional blocs

As countries turn inward and trade takes a beating this coronavirus season, growing regionalisation may provide the spark to keep globalisation going, says SMU’s Yuan Mei.

Markets

Fed officials warn on ‘thick fog’ ahead for US economy as recovery concerns deepen

The U.S. economy will have a slower-than-expected recovery amid a surge in novel coronavirus cases across the country and a broad second wave of the disease could cause economic pain to deepen again, Federal Reserve officials warned on Tuesday.

Markets

COVID-19 worries and FOMO drive options bets on surging tech giants

Options investors are ramping up bets on some of this year's biggest winners, including Amazon.com Inc , Netflix Inc and Tesla Inc , even as they turn cautious on the wider market amid a resurgent U.S. coronavirus outbreak.

Markets

Massachusetts sues Uber, Lyft over driver status as contractors

Massachusetts on Tuesday followed California in suing Uber Technologies Inc and Lyft Inc over allegedly misclassifying their drivers as independent contractors instead of employees entitled to extensive benefits.

Markets

Google faces lawsuit over tracking in apps even when users opted out

Alphabet Inc's Google records what people are doing on hundreds of thousands of mobile apps even when they follow the company's recommended settings for stopping such monitoring, a lawsuit seeking class action status alleged on Tuesday.

Markets

Virus worries and FOMO drive options bets on surging tech giants

Options investors are ramping up bets on some of this year's biggest winners, including Amazon.com Inc , Netflix Inc and Tesla Inc , even as they turn cautious on the wider market amid a resurgent U.S. coronavirus outbreak.

Markets

“Thick fog” over US economy and Fed will need to provide sustained accommodation: Brainard

There is a great deal of uncertainty about the path ahead for the U.S. economy and the Federal Reserve should use forward guidance and large-scale asset purchases for a "sustained" period in order to help the recovery, Fed Governor Lael Brainard said on Tuesday, as she offered a downbeat...

Markets

Wanted: signs of V-shaped recovery in earnings reports

Equity investors are no longer losing sleep over the short-term hit to company earnings from coronavirus lockdowns, instead they are looking for early evidence to support the V-shaped recovery narrative that has lifted stocks out of their mid-March crash.

Markets

Can Netflix stay one of Wall Street’s favorite pandemic stocks? Results due Thursday

Netflix Inc will tell investors on Thursday how home-bound audiences and a lack of live sports have boosted its membership rolls even as streaming competition rises to unprecedented levels.

Markets

Google hit with €600,000 Belgian privacy fine

Google has received a record fine from Belgium's data protection authority (APD) of 600,000 euros for not complying with European rules on a person's "right to be forgotten" online.

Markets

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