China's factory activity likely grew for the fourth month June but the pace may be waning, as global demand stayed subdued while a fresh coronavirus outbreak in the Chinese capital and rising worldwide cases threaten to undermine a gradual domestic recovery.
The Bank of Japan's push to keep borrowing costs low to cushion the economic blow from the coronavirus is coming at the expense of the country's lenders, which are already buckling under the strain of decades of ultra-low interest rates.
Boeing's 737 MAX plane could take its first test flight from Monday, a crucial step for the survival of the company's star model that has been grounded for 14 months.
At the start of the year, U.S.-China tensions were easing after their Phase I trade deal, while Washington, Brussels and Tokyo agreed on new global trading rules to curb subsidies. A relative calm had set in.
SINGAPORE: Singapore Exchange (SGX) said on Monday (Jun 29) that it will pay about US$128 million to buy the 80 per cent stake it does not own in trading platform, BidFX, as it seeks build its presence in foreign exchange futures and the over-the-counter market. "The future of FX...
Sony Corp's image sensor business aims to replicate PlayStation's success to address its reliance on a handful of manufacturers in the fickle smartphone market: It plans to sell software by subscription for data-analyzing sensors in situ.
Sony Corp's image sensor business aims to replicate PlayStation's success to address its reliance on a handful of manufacturers in the fickle smartphone market: It plans to sell software by subscription for data-analysing sensors in situ.
Takeda Pharmaceutical Co Ltd said on Monday it anticipates an operating loss of about US$200 million related to Novartis AG's decision to withdraw a marketing application for the dry-eye drug Xiidra.
Nissan Motor Co Chief Executive Makoto Uchida told shareholders on Monday that he would stick to his promise to step down as leader if he fails to deliver on his turnaround plan for the Japanese automaker.
REUTERS: PepsiCo Inc will stop advertising on Facebook Inc, Fox Business News reported on Sunday (Jun 28), citing sources. The halt on advertising will run through July and August, the report said. Sources described the move as a "global boycott" on placing Facebook ads, the report said. PepsiCo ...
