There is a high risk the resurgence in coronavirus cases halts the global economic recovery by year-end, according to Reuters polls of around 500 economists, a majority of whom expected the rebound next year to be weaker than previously thought.
Asian stocks were set to join a global sell-off on Thursday as worries about surging coronavirus cases in Europe and the United States sent investors scrambling for safe-haven assets.
Exxon Mobil Corp on Wednesday kept its fourth-quarter dividend flat at 87 cents a share, signaling 2020 will be the first year since 1982 that the U.S. oil producer has not raised its shareholder payout.
NEW YORK: Wall Street stocks plunged on Wednesday (Oct 28) on rising worries about coronavirus lockdowns as France and Germany announced tough new restrictions and US cases continued to climb. The Dow Jones Industrial Average slumped 3.4 per cent, or more than 940 points, to 26,519.95. The broad ...
A defense lawyer for Huawei executive Meng Wanzhou accused a Canadian policeman on Wednesday of giving a "not honest" reply during the ongoing hearing on whether the Chinese national should be extradited to the US.
Visa 4Q profits plunge as pandemic slows payments worldwide
A DIGITAL currency exchange backed by Singapore's largest lender DBS is in the works, although the bank is still in the process of seeking regulatory approval.
ANT Group's blockbuster initial public offering (IPO) has been hogging the headlines - but retail investors in Singapore eager for a piece of the world's largest IPO will have to wait and buy on the open market after trading starts. Accredited investors, on the other hand, can...
Financial stocks have lagged the broader equity market since the start of the year and since the late March crisis-low. But not all stocks are created equal in the S&P index that tracks the industry, which is down 23per cent year-to-date.
Ford Motor Co on Wednesday posted a better-than-expected quarterly profit on strong U.S. demand for pickups and SUVs, and forecast a full-year profit instead of a loss.
