Investors stormed into riskier assets last week, pumping US$27 billion into equity funds as positive COVID-19 vaccine updates led to euphoric buying of shares in worst-hit sectors such as banks, travel and leisure, and oil, BofA said on Friday.
Financial lobbyists, kept at arm's length by Joe Biden's campaign, have begun engaging with the Democratic president-elect's transition team on issues including economic stimulus, pandemic aid programs, and appointees, according to more than a dozen executives at banks and financial lobby groups.
A Canadian court is expected to hear from additional police witnesses on Friday as the second week of witness testimony wraps up in the case to extradite the chief financial officer of Chinese telecoms giant Huawei to the United States.
Are you a "user-experience" gun for hire? Well, your time has come.
Indonesian ride-hailing company Gojek will reorganise its management team into two separate arms, the company said on Friday.
Popular gaming platform Roblox, a pandemic sensation among children, is aiming to raise $1 billion in an initial public offering, according to documents published Thursday.
The merger between Fiat Chrysler and French rival PSA will include a loyalty share scheme to reward long-term investors in the new group and help prevent future takeover attempts, the prospectus for the planned tie-up showed.
THE new S$550 million, 10.25-year unsecured notes by Aviva Singlife Holdings (ASH), priced at 3.375 per cent, have been more than six times subscribed.
Work is booming at Bangladesh's largest shipyard -- quite literally. It's difficult to hear anything over the cacophony of banging hammers and crackling sparks, proof the industry has withstood the economic shockwaves wrought by the coronavirus pandemic.
BANGKOK: Thailand's central bank unveiled on Friday (Nov 20) new measures aimed at balancing capital flows after warning a rapid jump in the baht risked undermining the economy amid renewed inflows into emerging markets. The Bank of Thailand will allow Thais to freely deposit and transfer funds in ......
