U.S. homebuilding rebounded in October and permits for future home construction jumped to a more than 12-year high, pointing to strength in the housing market amid lower mortgage rates.
The army of banks working on Saudi Aramco's listing will earn combined fees of US$90 million or less, according to three sources involved in the process, after the oil giant scaled back a deal initially viewed as a golden opportunity for high finance.
U.S. stock index futures rose on Tuesday as investors turned optimistic that Washington and Beijing would agree on a deal to end a bruising trade war that is posing one of the biggest risks to global economic growth.
The global economy may have narrowly avoided a recession, with most industrial and financial indicators pointing to a slight improvement in September-October after a sharp slowdown in the middle of the year.
COLORADO SPRINGS, Colo.: Specialized fund managers who pioneered green investing for decades are missing out on some of the spoils as the sector goes mainstream and large firms move in. So-called sustainable funds, which pick stocks based on environmental, social or governance (ESG) criteria, are ...
Chinese artificial intelligence (AI) firm Megvii Technology Ltd plans to seek listing approval on Thursday for a Hong Kong initial public offering (IPO) of at least US$500 million, people with direct knowledge of the matter said.
The majority of unions representing workers at Peugeot maker PSA are in favour of a planned merger with Fiat Chrysler , PSA executives and union representatives said.
Wall Street's reaction so far to Walt Disney Co's long-awaited streaming service suggests investors believe the competition may not be as crushing as expected for entertainment rival Netflix Inc .
A year after his arrest, Nissan ex-Chairman Carlos Ghosn remains stuck in Tokyo under stringent bail conditions and without a trial date as he seeks access to a trove of Nissan emails and other evidence to fight charges of financial misconduct.
SINGAPORE: A high-tech fish farm, capable of producing up to 20 times the "minimum production level" of coastal farms, was officially opened by Senior of Minister of State for Trade and Industry Koh Poh Koon on Tuesday (Nov 19). The S$4 million farm called Eco-Ark is contained within a...
