REUTERS -Shares of Blend Labs Inc opened 11per cent above their offer price on Friday, giving the digital banking platform a valuation of about US$4.4 billion in its stock market debut on the New York Stock Exchange. The stock opened at US$20 per share, compared with its initial public...
NEW YORK/LONDON :The dollar edged higher on Friday after upbeat U.S. retail sales data reaffirmed that the economy accelerated in the second quarter, but global stock markets declined as investors grapple with inflation expectations and when interest rates may begin to rise.
The founder of chip giant TSMC appeared to take a dig at both the United States and China on Friday over their efforts to become self-sufficient at making semiconductors, saying this would drive up costs and limit technological advances.
The United States on Friday restricted trade with four information technology firms and other entities over malign activities Washington says were spearheaded by the Russian government.
Leaders of the Asia-Pacific trade group APEC, including U.S. President Joe Biden, Russia's Vladimir Putin, and China's Xi Jinping, pledged on Friday to work to expand sharing and manufacturing of COVID-19 vaccines to fight the global pandemic.
AT&T Inc said on Friday it lost fewer subscribers in its premium video business, which houses satellite TV unit DirecTV, in the second quarter.
BEIJING: A Chinese spacecraft capable of flying to the edge of the atmosphere took off and returned to Earth on the same day in what China said was a big step towards developing reusable space transportation technology. The spacecraft lifted off from a launch centre in northwest China on...
Telefonica said on Friday that it had awarded a contract for its Spanish 5G radio network to Nokia and Ericsson for the frequency bands 3.5GHz and 700MHz.
China has financed the setup of a fund under APEC to fight COVID and fuel economic recovery, President Xi Jinping said during a virtual meeting of the Asia-Pacific trade group on Friday, according to Xinhua news agency.
SINGAPORE: All nightlife establishments that had pivoted to operating as food and beverage outlets will have to suspend business for two weeks from Friday (Jul 16) after a rise in COVID-19 cases, many of them linked to a growing KTV cluster. The suspension affects more than 400 such...
