The S&P 500 surged to a new all-time high on Monday (Oct 28) on optimism about US-China trade talks and amid expectations the Federal Reserve will cut interest rates again this week.
ECB chief Mario Draghi bows out Monday, passing the baton to former IMF head Christine Lagarde whose first task will be to heal rifts among policymakers.
HSBC's new interim boss deserves credit for staying positive. Even as he abandoned an important return target for 2020, Noel Quinn pointed to businesses that "held up well in a challenging environment". And though he talked about accelerating remodelling plans, he and Chairman Mark Tucker will have...
MARGINS for the three Singapore banks are likely to be squeezed in the third quarter as the Singapore Inter-bank Offered Rate (Sibor) tracks south in line with the Fed's rate movement, even as loan growth is expected to remain steady.
IF YOU are planning a holiday or a trip to Hong Kong in the next few weeks, be forewarned that some travel insurance benefits will not apply as long as there is a travel advisory from the Ministry of Foreign Affairs (MFA).
SINGAPORE remains an attractive destination for new brokerage entrants, with two such outfits setting up here even as US-focused discount broker Charles Schwab announced that it would cease operations in the city-state by year-end.
Lockheed Martin Corp has been awarded a US$7 billion modification to a contract providing for 114 F-35 aircraft for the U.S. Air Force, the U.S. Marine Corps, the U.S. Navy, and the governments of Norway, Australia and Italy, the Pentagon said on Monday.
Beyond Meat Inc beat third-quarter revenue estimates and raised its full-year forecast on Monday, as the vegan burger maker earned more from new partnerships with restaurants looking to cash in on demand for plant-based proteins.
Waymo Chief Executive John Krafcik said the self-driving vehicle company is now offering limited "rider-only" trips in Phoenix, Arizona, and is looking beyond the robo-taxi business to generate future revenue, including delivery services.
Alphabet Inc fell short of analysts' estimates for third-quarter profit on Monday, hit by aggressive spending by its Google unit on marketing and hardware development.
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