Nasdaq Inc and the New York Stock Exchange have each sued the Securities and Exchange Commission, seeking to block a plan by the regulator to overhaul public data feeds that broadcast stock prices to investors, court filings show.
REUTERS: Lyft Inc said on Tuesday it could make an adjusted profit by the third quarter of this year despite the pandemic thanks to additional cost cuts and an expected rebound in ride-hail demand beginning in the second quarter of 2021. Shares surged 10.7per cent to US$59.40 in after-hours...
SEOUL: South Korea's unemployment rate soared to a 21-year high in January, while the number of people employed fell at the sharpest pace in more than two decades, as curbs to contain the coronavirus continue to hurt the job market. The seasonally adjusted unemployment rate jumped to 5.4 per...
A Reddit user who claimed in a post a month ago to be a Tesla Inc insider and knew about the electric car maker's purchase of bitcoin said on Tuesday that his assertions were not true.
WELLINGTON: New Zealand said on Wednesday (Feb 10) that it was urgently seeking clarification from Chinese authorities after being informed that exports from two of its seafood facilities have been suspended. Exports from a Sanford facility that processes mussels and Sealord Group facility that ...
PepsiCo Inc said on Tuesday its pancake mix and syrup products would be sold under the new name "Pearl Milling Company" after the company dropped the "Aunt Jemima" brand logo last year, acknowledging its roots in a racial stereotype.
SINGAPORE: Singapore's DBS Group reported a one-third fall in quarterly net profit, in line with estimates, as it booked higher loan losses in pandemic-hit markets but gave an optimistic view for this year. Piyush Gupta, CEO of Southeast Asia's biggest lender, said latest economic data supported a ...
Asian stocks inched higher on Wednesday, as upbeat Wall Street earnings and optimism about a global recovery supported sentiment, although concerns about the sustainability of a recent risk rally are likely to cap gains.
DBS is seeing encouraging signs on overall asset quality in 2021 as moratoriums gradually taper off, with extensions on debt holidays contained and delinquencies kept low.
U.S. shale producer Chesapeake Energy Corp on Tuesday exited Chapter 11 bankruptcy with business plan that nods to its founders' emphasis on natural gas after a recent push into crude oil.
