Markets

WASHINGTON: The United States and China have largely agreed on a mechanism to police any trade agreement the reach, including establishing new "enforcement offices," U.S. Treasury Secretary Steven Mnuchin said on Wednesday. Mnuchin, speaking on CNBC television, said that progress continues to be ...

THE money-laundering scandals keep rolling in, most recently in Estonia, where a subsidiary of Danske Bank reportedly processed some 200 billion euros (S$305 billion) in suspicious payments from around the region in recent years.

IN 2018, US$1.7 billion worth of crypto currency was stolen - over triple the amount lost the year before, despite the market slump. An astounding US$950 million of those stolen digital assets was taken directly from exchanges or wallets. From a lack of good security practices to...

INVESTMENT banks and asset managers are trimming their headcount as bottom lines get battered by the US-China trade war, rising US interest rates and slowing economic growth.

Shares of recently listed Lyft Inc fell to a fresh low and closed the day down almost 11 percent on Wednesday on news that rival Uber Technologies Inc was close to filing its own initial public offering.

WASHINGTON: Federal Reserve members are split between optimism and caution, with some saying an interest rate hike may be still appropriate later this year but others believing they should stand pat, or even cut rates, according to the minutes of last month's policy meeting Wednesday (Apr 10) ...

U.S. stocks opened slightly higher Wednesday after a bout of selling on trade and growth concerns, with investors awaiting minutes from the Federal Reserve's latest meeting and the start of the corporate earnings season.

NEW YORK: Wall Street stocks finished higher on Wednesday (Apr 10) after Federal Reserve meeting minutes suggested no shift in the central bank's dovish tilt. The Dow Jones Industrial Average eked out a modest gain of 6.58 points (0.03 per cent) at 26,157.16. The broad-based S&P 500 advanced 10 ...

Prosecutors are planning to file criminal charges against Brazil's miner Vale SA and its employees over the collapse of a mine-waste dam in January that killed hundreds of people, the Wall Street Journal reported, citing the lead investigator.

U.S. grain trader Archer Daniels Midland Co said on Wednesday it will open a voluntary retirement window for North American employees and may eliminate individual positions as part of restructuring of specific areas.