Markets

The We Company, owner of WeWork, told employees on Thursday that it cut its cash burn rate almost in half to US$671 million from the end of last year and obtained a US$1.1 billion commitment in new financing from majority owner SoftBank .

Airbnb said Friday it is restricting the ability of people under 25 in Britain, France and Spain from renting entire homes via its platform in order to reduce unauthorised parties and ensure safety.

Asian shares were set for a largely flat start on Friday as markets weighed a pause in Wall Street's multi-month stock rebound and awaited the release of Chinese economic data later in the session.

Australian mining magnate Gina Rinehart's Hancock Prospecting Pty is hoping a charm offensive, from annual fundraising parties to local refurbishments at a golf course, will help overcome opposition to a massive new coal mine in Canada’s Rocky Mountains.

SINGAPORE: Chinese tech giant ByteDance censored content it perceived as critical of the Chinese government on its news aggregator app in Indonesia from 2018 to mid-2020, six people with direct knowledge of the matter told Reuters. The sources said that local moderators were instructed by a team ...

President Donald Trump said on Thursday that any deal to sell Chinese-owned social media app TikTok to an American company must "substantially" benefit the United States and provide "total security."

Normally stock markets tell us a lot about the economy, but there might be structural reasons why they’re divorced from reality this time, says an observer.

The hawks in Donald Trump’s administration are on the ascent. Do not expect the US to u-turn on this march towards a harsher stance on China, say Steven R Okun and James Green.

The U.S. Justice Department is moving "full-tilt" on its antitrust investigation of Alphabet Inc’s Google and other Big Tech platforms, the department's second-ranking official told Reuters.

THE most visible payoff for the investment in technology in the financial sector over the years has been in how well the industry responded to the Covid-19 pandemic, said Ravi Menon, managing director of the Monetary Authority of Singapore (MAS) on Thursday.