Markets

VENTURE funds are pouring into the region at an unprecedented rate as big venture capital (VC) names from China and India jostle to tap on growth in South-east Asia.

CHICAGO: Normally, US airlines compete to sell tickets and fill seats during the peak summer travel season. But operators of the grounded Boeing 737 MAX are facing a different problem: scarce planes and booming demand.  The grounding of Boeing Co's fuel-efficient, single-aisle workhorse after two ...

REUTERS: Facebook Inc's social networking site, photo-sharing social network Instagram and messaging app WhatsApp were inaccessible to some users on Sunday, downdetector.com, which monitors outages, showed. Downdetector.com indicated that there were more than 12,000 incidents of people reporting ...

Publicis will pay US$4.4 billion to acquire Alliance Data's Epsilon marketing unit, the French advertising group said on Sunday, expanding its digital business and North American footprint.

As President Donald Trump keeps up his attacks on the Federal Reserve's policies, Wall Street is cautiously embracing them, giving a passing grade to the Fed's communication since its shift in January to a "patient" approach on rate hikes.

As a financial crisis spread across the globe in September of 2008, the U.S. Federal Reserve gathered in an emergency atmosphere as requests flooded in from other central banks for access to dollars.

Germany's motor vehicle authority KBA is investigating Daimler on suspicion that 60,000 Mercedes cars were fitted with software aimed at tricking emissions tests, the Bild am Sonntag newspaper reported on Sunday.

As optimism grows that the United States and China are nearing a trade deal, Japan kicks off its own negotiations with Washington from Monday, hoping to resolve some of the issues "very quickly."

China's economy cooled further in the first quarter, according to an AFP survey of analysts, as Beijing resorted to tried-and-tested measures to combat tepid global demand and a bruising US trade war.

Trade frictions are seen as a the main source of uncertainty for a slowing global economy, but there are more glimmers of hope for a US-China agreement.