Markets

One of President Donald Trump's prospective Federal Reserve nominees, businessman Herman Cain, said on Thursday he was not withdrawing from consideration for the post, although his chances of winning the Senate's needed approval appear dim.

SINGAPORE: India’s Jet Airways was finally grounded on Wednesday (Apr 17) after a long battle against losses and debt.  This came after the release of a stock exchange statement a day earlier, in which the carrier said it faced a “critical liquidity position” and that its operations “have been ...

NEW YORK: Wall Street stocks finished modestly higher on Thursday (Apr 18) following a batch of mostly solid corporate earnings and a successful market debut of technology company Pinterest. The Dow Jones Industrial Average advanced 110.00 points (0.42 per cent) to 26,559.54. The broad-based S&P ...

Once a star in the water treatment industry, Hyflux had been struck by a series of unfortunate events and some think its fate is sealed, say NUS Business School Ruth Tan and Zhang Weina.

The initial earnings results of this reporting period are beating expectations by a wide margin, suggesting to some investors that the S&P 500 may be able to avoid a so-called "profit recession" this year because predicted economic bad news has failed to materialize.

U.S. sanctions on Venezuela have led the New York Federal Reserve to crack down on Puerto Rico's US$50 billion offshore banking industry, according to four sources and a document seen by Reuters.

American Media Inc (AMI) is selling its tabloid the National Enquirer for US$100 million to James Cohen, chief executive of Hudson News , the Washington Post reported on Thursday, citing people familiar with the agreement.

The new sales chief at Europe's Airbus hinted at orders for an unannounced new version of its A321 jet, while softening market rhetoric and predicting rival Boeing will emerge quickly from a crisis over the grounded 737 MAX.

Apple Inc is notorious for keeping what happens in its laboratories a closely guarded secret. But the iPhone maker plans to share openly everything that happens in its newest lab in Austin, Texas.

Users of Android devices will be able to choose their browsers and search engines from five options starting on Thursday, a senior Google executive said, in a move aimed at addressing EU antitrust concerns and staving off fresh sanctions.