Financial markets may celebrate the vaccine-led boom, but epidemiological and political aftershocks push us back into economic vulnerability, says Stephen S. Roach.
Canada on Saturday blocked bulk exports of prescription drugs if they would create a shortage at home, in response to outgoing U.S. President Donald Trump's efforts to allow imports from Canada to lower some drug prices for Americans.
Tony Hsieh, former chief executive officer and founder of online shoe and clothing retailer Zappos, died on Friday, the company said in a statement.
Serum Institute of India, the world's largest vaccine producer, sees AstraZeneca Plc's COVID-19 vaccine candidate as a "very good" option, giving it a major vote of confidence after some experts raised questions around its trial data.
SINGAPORE: More than 300,000 HDB households in one-, two- and three-room flats will receive vouchers to help them switch to energy- and water-efficient appliances, under a programme launched on Saturday (Nov 28) by the National Environment Agency (NEA) and water agency PUB. Eligible households ...
LONDON: HSBC Holdings is considering a complete exit from retail banking in the United States after narrowing the options for how to improve performance at its struggling North America business, the Financial Times reported on Saturday (Nov 28), citing people familiar with the situation.
BEIJING: China has powered up its first domestically developed nuclear reactor - the Hualong One - a significant step in Beijing's attempts to become less dependent on Western allies for energy security and critical technology. The reactor, which was connected to the national grid on Friday (Nov ...
Tesla Inc Chief Executive Officer Elon Musk said on Friday there will probably be a wider roll out of a new "Full Self Driving" software update in two weeks.
News this month of three promising coronavirus vaccines has helped push the Dow Jones Industrial Average over 30,000, but some investors worry that slow vaccination rates may weaken next year's expected economic recovery.
Buyers from Hong Kong, and other expats, have been moving to Singapore since the end of the circuit breaker period in June. This has helped bolster its property market despite a record-breaking economic downturn.
