Top financial markets regulators in the US say they will look into whether recent stock market turbulence is an indication that current trading practices are not doing enough to protect investors.
Gilead Sciences Inc posted a 26per cent rise in quarterly revenue on Thursday, helped by sales of its antiviral drug, remdesivir, which is authorized to treat COVID-19 patients across the world.
Merck & Co Inc said on Thursday Ken Frazier, one of only a handful of Black executives leading major U.S. companies, will step down as chief executive officer at the end of June and be replaced by Chief Financial Officer Robert Davis.
Samsung Electronics Co Ltd is considering Austin, Texas, as the site for a new US$17 billion chip plant that the South Korean firm said could create 1,800 jobs, according to documents filed with Texas state officials.
TOKYO: SoftBank Group Corp is expected to extend earnings recovery when it reports third quarter results on Monday as frothy markets drive a rally in the value of its tech investment portfolio and offer fertile ground for listings. The Japanese conglomerate is seen posting a net profit of 171...
We need to spend whatever it takes on wartime-style mobilisation to make, distribute and inject vaccines, says the Financial Times’ Simon Kuper.
Bezos – who will remain at the company as executive chairman – set his sights on making it an “everything store”, says an observer.
While the story has been framed as a modern David versus Goliath tale, the incident underscores the need to educate retail investors of investment risks, says NUS Asian Institute of Digital Finance’s Emir Hrnjic.
Activision Blizzard Inc on Thursday forecast full-year adjusted revenue above analysts' estimates, driven by strong demand for the latest installment of its blockbuster "Call of Duty" franchise from gamers staying at home during the COVID-19 pandemic.
DBS has raised its sustainable finance target for 2024 to S$50 billion, which is well over twice the lender's previous S$20 billion target for the same year.
