South Korea's factory output in June surged 11.9per cent on a yearly basis, government data showed on Friday, beating a forecast of 9.3per cent rise tipped in a Reuters survey and following a 14.9per cent rise in May when it posted the fastest growth since Feb 2012.
Robinhood Markets' shares closed more than 8 per cent lower at US$34.82 per share on their first day of trading, as many investors who used the popular trading app to participate in this year's "meme" stock trading frenzy snubbed its initial public offering (IPO) Only 16 of the 99...
Tesla has agreed to pay US$1.5 million to settle claims a software update temporarily reduced maximum battery voltage in 1,743 Model S sedans, court documents show. Owners of the vehicles will get US$625 each, which is "many times the prorated value of the temporarily reduced maximum voltage," ...
Microsoft is in advanced talks to invest in Indian hotel chain Oyo at a US$9 billion valuation, a source familiar with the matter said on Thursday (Jul 29).
WHOLESALE market participants are being encouraged to "substantially shift" out of any legacy swap offer rate (SOR) exposures by Dec 31, while the retail market is expected to take a longer transition period from September till October 2022.
OTTAWA: The Canadian government's auction of 3500 MHz spectrum, which is key for next generation 5G networks, raised a total of CUS$8.9 billion (US$7.2 billion), Innovation Minister Francois-Philippe Champagne said on Thursday. In a statement, he said 1,495 out of 1,504 available licenses were ...
Microsoft Corp is in advanced talks to invest in Indian hotel chain Oyo, TechCrunch reported on Thursday, citing people familiar with the matter.
Amazon.com Inc's forecast for third-quarter sales missed Wall Street expectations on Thursday, as consumers return to brick-and-mortar stores after shopping more online for the past year due to the pandemic.
KUALA LUMPUR: Rights group Liberty Shared has asked US customs authorities to investigate the Malaysian operations of US firm Goodyear Tire & Rubber Co over accusations of abusive labour practices, the group told Reuters. The Hong Kong-based anti-trafficking group said its June petition to ...
App-based retail brokerage Robinhood Markets Inc was set to make its highly anticipated market debut on the Nasdaq on Thursday.
