Oil prices fell on Thursday, pulling back from an eight-week high as concerns about the coronavirus crisis in India, the world's third-biggest importer of crude, tempered a rally driven by IEA and OPEC predictions that demand is coming back strong.
Bank of Japan Governor Haruhiko Kuroda on Thursday warned of lingering uncertainty over the country's economic outlook, as the services sector remains under state-of-emergency curbs to combat the COVID-19 pandemic.
WeRide, an autonomous driving startup backed by Nissan, Renault and Mitsubishi, said on Thursday that it has raised hundreds of millions of dollars valuing the company at US$3.3 billion.
The U.S. dollar was higher on Wednesday, though well within recent ranges, after inflation data showed a surge in consumer prices in April.
Japan's bank lending slowed sharply in April as corporate fund demand stabilised from last year's pandemic-driven spike, data showed on Thursday, a sign the wall of money pumped by the central bank is working its way through the economy.
China Evergrande Group placed 260 million shares, or 2.66per cent of issued share capital, of China Evergrande New Energy Vehicle Group Ltd for HKUS$10.6 billion (US$1.36 billion), the Chinese property developer said in a filing to the Hong Kong bourse on Thursday.
SK Innovation Co Ltd, the owner of South Korea's top refiner SK Energy, said on Thursday refining margins are likely to gradually improve in the second quarter due to demand recovery backed by easing COVID-19 impact.
Tesla Inc has suspended the use of bitcoin to purchase its vehicles because of climate concerns, Chief Executive Officer Elon Musk said in a tweet on Wednesday (May 12), reversing the company's stance in the face of an outcry from some environmentalists and investors. Bitcoin, the world's biggest ......
WASHINGTON :A U.S. Senate committee voted 24-4 to pass a compromise measure authorizing more than US$110 billion for basic and advanced technology research over five years in the face of rising competitive pressure from China.
SINGAPORE: A day after it was announced that the limit on social gatherings will be cut from eight people to five, indoor playground operator Kiztopia began receiving enquiries from customers who needed to make alternative plans for their children’s birthday celebrations. Around 40 bookings ...
