U.S. stock index futures fell on Tuesday as uncertainty of a trade deal being reached between the United States and China kept investors on edge.
The head of the International Monetary Fund said on Tuesday (May 7) that fresh trade tensions between the United States and China were the main threat to the world economy.
China said on Tuesday that Vice Premier Liu He will go ahead with a visit to the United States this week, after efforts to reach a deal to end a trade war were thrown into doubt by U.S. President Donald Trump's vow to impose new tariffs.
SEOUL: Samsung Electronics said on Tuesday (May 7) it cannot confirm the shipping date for its foldable device Galaxy Fold yet and apologised to its pre-order customers in the United States for the delay. Samsung delayed global sales of the foldable phone after reviewers discovered problems with ...
FINTECHS seeking inroads here as a "digital-only bank" cannot operate on a one-size-fits-all if they are to compete in a well-banked environment in Singapore, OCBC's group chief executive officer Samuel Tsien told The Business Times.
KUALA LUMPUR: The US government has begun returning to Malaysia around US$200 million recovered from asset seizures linked to state fund 1MDB, with about a quarter of the amount already repatriated, the two countries said on Tuesday (May 7). Malaysian and US authorities say about US$4.5 billion ...
WASHINGTON: The first time President Donald Trump threatened tariffs on the luggage that Tiffany Williams imports for her Texas store, she stockpiled high-end suitcases and other products ahead of the deadline to protect profits. This time, she may not have that option. Trump on Sunday (May 5) ...
Uber co-founder and former CEO Travis Kalanick used to tell investors he liked to keep his company teetering between order and chaos.
SYDNEY: Australia central bank left interest rates on hold on Tuesday (May 7), brushing off calls for a cut to protect the country's 27-year recession-free run, with officials saying the economy was still in "reasonable" shape despite weak inflation and wage growth. Keeping the cash rate at a ......
SINGAPORE: Singapore's central bank is studying whether to allow financial technology firms to operate digital-only banks in the city-state, it said, following moves by regulators in other Asian markets to issue virtual banking licences. Singapore is among several financial centres in the region ...