U.S. consumer prices rebounded more than expected in October and underlying inflation picked up, which together with abating trade tensions and fears of a recession, support the Federal Reserve's signal for no further interest rate cuts in the near term.
U.S. stock index futures fell on Wednesday, a day after the S&P 500 and Nasdaq hit new record highs, as a lack of clarity on U.S.-China trade relations from President Donald Trump and escalating tensions in Hong Kong dampened risk appetite.
HONG KONG: Finance firms in Hong Kong urged staff on Wednesday (Nov 13) to seek safety or work from home as anti-government protests paralysed the city's business district for a third day in one of the biggest disruptions faced by the Asian finance hub. While flexible work arrangements have...
As trade talks between Washington and Beijing intensified earlier this year, suspected Chinese hackers broke into an industry group for U.S. manufacturers that has helped shape President Donald Trump's trade policies, according to two people familiar with the matter.
Airbus is likely to win an order for at least 100 jets from Air Arabia , with an announcement possibly as soon as the Dubai Airshow next week, two sources told Reuters.
Takeaway.com NV CEO Jitse Groen said on Wednesday he does not plan to improve his company's 4.3 billion pound (US$5.50 billion) all-share bid to buy British rival Just Eat PLC, despite a higher cash offer from rival Prosus NV .
SINGAPORE: A DBS bank branch in Hong Kong was not damaged by a fire that broke out in a neighbouring unit. Replying to CNA's queries on Wednesday (Nov 13), a spokesperson from the Singapore bank added that the employees of the branch were safe. READ: In photos: Hong Kong university campuses ...
Germany's air force said on Wednesday it had decided not to take two Airbus A400M planes that were due to be delivered, citing recurring technical problems with the military transporters.
HONG KONG: Hong Kong's Cathay Pacific Airways on Wednesday (Nov 13) said the short-term outlook remained "challenging and uncertain" due to anti-government protests in its home market as it lowered its profit guidance for the second time in less than a month. The airline said passenger numbers ...
Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to US$15 billion as soon as Thursday, according to two sources with knowledge of the discussions.