Finance

US Stocks Rise As Fed Eyes Slower Rate Hike Pace

Wall Street stocks rose for a second straight session on Wednesday following Federal Reserve minutes that signalled a mo... Read more

UK Defends Brexit Deal Despite Economic Woes

Finance minister Jeremy Hunt on Wednesday defended the UK's post-Brexit trade deal with the EU, despite growing criticis... Read more

Aircraft Orders Drive US Manufactured Goods Demand

A pick-up in aircraft orders boosted demand for big-ticket US manufactured goods in October, with numbers rising more th... Read more

Singapore Warns Of Slower Economic Growth In 2023

Singapore warned on Wednesday that economic growth could slow to a trickle next year owing to weakness in key export mar... Read more

Retail Hopes Send Wall Street Higher

US stocks rallied on Tuesday, with the S&P 500 closing at its highest level in more than two months, as a sales fore... Read more

Bankrupt FTX Run As Chief's "personal Fiefdom"

Stricken crypto exchange FTX was run as a "personal fiefdom" of Sam Bankman-Fried, attorneys for the firm said on Tuesda... Read more

'Youth Game Addiction Has Been Solved'

China has resolved the problem of game addiction among its youth, a report co-written by the country's top gaming indust... Read more

Wall Street Stumbles On China Covid Concerns

Wall Street's main indexes ended Monday roughly down on fears that China could resume stricter measures to fight Covid-1... Read more

Book Giants Call Off Merger Plan

Penguin Random House, the world's largest book publisher, and rival Simon & Schuster have scrapped a US$2.2 billion ... Read more

Tesla Recalls 321,000 Vehicles In The US

Tesla has recalled more than 321,000 vehicles in the United States because of a tail light issue, in the latest trouble ... Read more

Failed Cryptocurrency Exchange FTX Owes US$3bn

Cryptocurrency exchange FTX, which has filed for US bankruptcy court protection, said it owes its 50 biggest creditors n... Read more

Wall Street Edges Up In 'holding Pattern'

Wall Street's benchmark S&P 500 index ended higher on Friday in a choppy trading session, as gains in defensive shar... Read more

Japan Inflation Hits Four-decade High Of 3.6%

Japan's core consumer prices rose 3.6 percent year-on-year in October, the government said on Friday, the highest level ... Read more

US Stocks Fall Over Concerns Fed's Hikes Not Done

Wall Street's main indexes ended modestly lower on Thursday in a choppy session as hawkish comments from a US Federal Re... Read more

UK's Hunt Announces Tax Rises, Spending Cuts

British finance minister Jeremy Hunt announced a string of tax increases and tighter public spending in a budget plan on... Read more