China's factory activity softened in April, official data showed Tuesday, in the latest sign that the world's second-largest economy remains on uneven footing despite a raft of government stimulus measures.
Profit at China's biggest banks accelerated in the first quarter in line with a better-than-expected performance in the domestic economy, but rising bad loans may pressure authorities to ease up on pump-priming measures.
SINGAPORE: The Advertising Standards Authority of Singapore (ASAS) on Tuesday (Apr 30) said it received 19 instances of feedback about beauty-related advertisements in 2018, making it the most complained about industry for the year. Restaurant advertisements came next, with 18 complaints. ASAS ...
SYDNEY: Virgin Australia said on Tuesday (Apr 30) it has delayed delivery of its order of 48 Boeing 737 MAX aircraft over safety concerns, following two deadly crashes. The 737 MAX has been grounded worldwide since mid-March following the crash of an Ethiopian Airlines flight and an earlier Lion...
Shares in Asia fell on Tuesday despite another record high close for the S&P 500, as investors await a U.S. Federal Reserve policy decision for clues of whether it will continue to take a "patient" approach to interest rate policy.
WASHINGTON: Hotel chain Marriott International on Monday (Apr 29) announced the launch of an online rental platform for luxury homes - joining the likes of home-sharing giant Airbnb. Starting next week, the group will offer around 2,000 high-end homes in certain areas of the US, Europe, the ...
Shares in Asia fell on Tuesday despite another record high close for the S&P 500, as investors await a U.S. Federal Reserve policy decision for clues of whether it will continue to take a "patient" approach to interest rate policy.
SEOUL: Samsung Electronics Co Ltd posted a 60 per cent drop in first-quarter operating profit on Tuesday, hit by falls in chip prices and slowing demand for display panels. Operating profit was 6.2 trillion won (US$5.4 billion) in the January-March quarter, in line with the 6.2 trillion won the...
Virgin Australia Holdings said on Tuesday it had reached an agreement with Boeing to delay deliveries of the U.S. planemaker's now contentious 737 MAX aircraft.
Investors’ latest love affair with equity markets may continue this year, but the prospects for global growth looks bleak, says Nouriel Roubini.
