SINGAPORE: Singapore is “cautiously optimistic” about the economy, but there remains several global uncertainties, with the biggest being the relationship between the United States and China, said Trade and Industry Minister Chan Chun Sing on Monday (Jan 6). With Washington and Beijing set to sign ...
Wall Street's worst fears of a year-end funding squeeze never materialized thanks in large part to the quarter-trillion dollars the Federal Reserve stuffed into the market to ensure nothing became gummed up.
The U.S. stock market's relentless drive higher has caused some nail-biting on Wall Street that the rally is about to end. Geopolitical risks – such as the latest escalation of U.S. tensions with Iran - are just one on a list of worries for 2020.
The Trump administration mounted an extensive campaign to block the sale of Dutch chip manufacturing technology to China, with Secretary of State Mike Pompeo lobbying the Netherlands government and White House officials sharing a classified intelligence report with the country's Prime Minister ...
With Samsung Electronics expected to suffer its biggest annual profit drop in at least a decade, investors are counting on an expected uptick in the memory-chip market to cure the tech giant's ills this year.
SYDNEY: As Australia's deadly bushfires rage, many companies are reporting hits to business with resorts shutting their doors, cheesemakers struggling to secure milk supplies and insurance claims on the rise. As many as 5,850 fire-related insurance claims have been lodged since early November with ...
Japan on Monday said it could still press Lebanon to extradite Carlos Ghosn, after the former Nissan Motor boss skipped bail to become a fugitive in a country that normally does not extradite its nationals.
South Korean restaurant owners expressed concern on Monday over food delivery giant Delivery Hero's proposed US$4 billion acquisition of its local rival, saying the move could undermine competition and lead to higher fees.
UK-BASED fintech startup TransferWise on Monday rolled out a new service allowing Singapore customers to receive funds internationally using peer-to-peer instant payment service PayNow.
KUALA LUMPUR: Fugitive Malaysian financier Low Taek Jho has said he only acted as an intermediary for deals involving 1MDB, denying in an interview published on Monday (Jan 6) that he had set the stage for the theft of billions of dollars from the Malaysian state fund. Low faces charges in...
