Global shares ticked up on Monday as a source said U.S. President Donald Trump signed into law a US$2.3 trillion pandemic aid and spending package he had until now refused to sign.
SINGAPORE: Singapore entered Phase 3 of its reopening on Monday (Dec 28), just three days before the end of 2020. This comes after one of the requirements for moving to Phase 3 - having more than 70 per cent of Singapore residents on the TraceTogether programme - was met...
Alibaba Group Holding Ltd said on Sunday its board has authorized an increase in the company's share repurchase programme to US$10 billion from US$6 billion.
KUALA LUMPUR: Malaysia has imposed provisional duties on certain cold-rolled stainless steel imports from Indonesia and Vietnam, pending the conclusion of an anti-dumping investigation, its Ministry of International Trade and Industry said on Monday (Dec 28). A preliminary probe, conducted on ...
Swiss chemicals maker Clariant's biggest shareholder, Saudi Basic Industries Corporation (SABIC), on Monday asked for a 12-year time limit for Clariant board members that would put an end to Chairman Hariolf Kottmann's term.
BEIJING: Drugmakers have agreed to cut prices by around 50 per cent on average for more than 100 medicines in order to have them included in China's state medical insurance scheme from March, potentially heralding a massive leap in sales. The National Healthcare Security Administration (NHSA) said ...
KUALA LUMPUR: Malaysia aims to file 30 charges against glove maker Brightway Holdings and two of its subsidiaries, after raids that found workers' accommodation was not up to legal standards. The Labour Department, part of the Ministry of Human Resources, conducted a raid on one of the glove ......
Investors are weighing how big to go on U.S. technology stocks in the coming year, as pricier valuations, regulatory risks and a revival of the market’s beaten-down names threaten to dim their allure.
Outsized bets on large U.S. technology companies and emerging cryptocurrencies fueled the year's top-performing U.S. mutual fund and exchange-traded funds as the coronavirus pandemic upended global markets, while funds that bet on oil and gas companies fell nearly 100per cent, according to data ...
China's central bank disclosed on Sunday it had asked the country's payments giant Ant Group Co Ltd to shake up its lending and other consumer finance operations, the latest blow to its billionaire founder and controlling shareholder Jack Ma.
