U.S. stock index futures rose on Wednesday as investors focused on prospects of a gradual vaccine-led economic recovery next year and more monetary and fiscal support.
Activist investor Daniel Loeb wants Intel Corp to consider splitting its huge chip manufacturing operations from its chip design and development business, but analysts say doing so could weaken both businesses unless the firm can form a joint venture.
China's market regulator said on Wednesday it has fined JD.Com Inc, Alibaba's Tmall and Vipshop 500,000 yuan (US$76,656.55) each for irregular pricing.
The months leading up to widespread COVID-19 vaccinations will be difficult for Farley's East, a cafe in Oakland, and other small businesses in California slammed by new state restrictions to fight record numbers of cases, pushing back any prospects for office workers returning to downtown ...
HONG KONG: The sale of property owned by the US consulate in Hong Kong failed to be completed as scheduled on Wednesday (Dec 30) after China unexpectedly stepped in and said its approval is needed, the buyer said, amid wide-ranging bilateral tensions. Hong Kong developer Hang Lung Properties said ......
Bitcoin on Wednesday hit a record US$28,599.99, taking gains this year past 295per cent amid heightened interest from bigger investors.
Wall Street investors with access to newly listed stocks at their exclusive IPO prices reaped huge returns in 2020, while retail investors who generally miss out on the best prices still made tidy gains.
Global index publisher FTSE Russell said it may delete more Chinese companies from its global benchmarks, after the Trump administration on Monday strengthened an executive order barring U.S. investment in firms with alleged Chinese military backing.
The Russian subsidiary of Japan's Honda Motor Co said on Wednesday it would stop supplying new cars to official dealers in Russia in 2022.
The final hearing of a trial that will decide whether Samsung Electronics Co Ltd Vice Chairman Jay Y. Lee returns to jail for alleged bribery began in a Seoul court on Wednesday.
