Markets

The dollar held onto gains against the yen on Wednesday ahead of data expected to show U.S. manufacturing activity and hiring continued to recover from the economic shock caused by the coronavirus pandemic.

California regulators sued Cisco Systems Inc on Tuesday, accusing it of discriminating against an Indian-American employee and allowing him to be harassed by two managers because he was from a lower Indian caste than them.

Japanese manufacturers' confidence sank in the second quarter to levels not seen since the 2009 global financial crisis, underscoring the damage the coronavirus pandemic inflicted on the export-reliant economy.

Mexican airline Aeromexico said on Tuesday it had begun a voluntary process of restructuring under Chapter 11 proceedings but was sticking to its goals of boosting operations in the coming weeks.

Ryanair expects to fly more than 4.5 million passengers in July as it returns to a more regular schedule with 40per cent of its usual capacity for the peak summer month, it said on Wednesday.

Boeing Co failed to submit certification documents to the U.S. Federal Aviation Administration (FAA) detailing changes to a key flight control system faulted in two fatal crashes, a long-awaited government report seen by Reuters has found.

A stalking horse bid for Cirque du Soleil Entertainment Group was dismissed as inadequate by lenders during a Quebec court hearing into the company's restructuring on Tuesday.

Dr Duvvuri Subbarao is a former governor of the Reserve Bank of India.

NEW YORK: Wall Street stocks rallied for a second straight session on Tuesday (Jun 30), concluding the best quarter for equities in more than two decades and shrugging off a resurgence in US coronavirus cases. The S&P 500, the broadest of the three major indices, finished at 3,100.29, up 1.54...

WIRECARD has told Singapore regulators it is "assessing" if it can continue providing services in the Republic - days after the the parent of the German fintech collapsed into insolvency after admitting that 1.9 billion euros (S$2.98 billion) in cash on its balance sheet is likely non-existent....