Asian stock markets faced a choppy session on Tuesday after Wall Street dipped as investors took profits at the end of a record-breaking month while still remaining upbeat about the prospect of a COVID-19 vaccine fuelling gains into next year.
Exxon Mobil Corp said on Monday it would take an impairment charge of about US$17 billion to US$20 billion in the fourth quarter related to some of its dry gas assets.
Wall Street stocks fell on Monday as investors took profits after a sharp rally that has put the benchmark S&P 500 index on course for its best November ever.
Tesla Inc will join the S&P 500 index in a single part, S&P Dow Jones Indices announced on Monday following a consultation with investors about the best way to add one of Wall Street's most valuable companies.
Exxon Mobil Corp said on Monday it would take an impairment charge of about US$17 billion to US$20 billion in the fourth quarter related to some of its dry gas assets.
Exxon Mobil Corp said on Monday it would take an impairment charge of about US$17 billion to US$20 billion in the fourth quarter related to some of its dry gas assets.
UOB on Monday said it will set up an electronic foreign exchange (FX) pricing and trading engine in Singapore, acting as the hub to service the bank's client franchise.
E-WALLET operators will need to keep up cybersecurity and anti-fraud efforts to maintain consumer trust as they gain greater access to Singapore's payment rails, industry watchers told The Business Times.
THE Monetary Authority of Singapore (MAS) is sticking to its planned number of digital bank licences that it will issue, with the regulator "impressed" by the quality of applications that have been reviewed, said its top official.
SINGAPORE is opening up access to the payment rails once held sacred by only the banking industry.
