Markets

Nvidia Corp on Thursday forecast second-quarter revenue above analysts' estimates, as demand surges for its chips used in the data centers that power the shift to working remotely because of the new coronavirus outbreak.

VANCOUVER: A decision on a key legal aspect of the trial over whether Huawei Technologies Chief Financial Officer Meng Wanzhou can be extradited to the United States from Canada will be announced next Wednesday, the British Columbia Supreme Court said on Thursday (May 21). Meng was arrested in ......

Asian shares were set for another retreat on Friday as U.S.-China tensions curbed investor risk appetite and caused global equity markets to stumble.

NEW YORK: Hewlett Packard Enterprise on Thursday unveiled a plan targeting gross savings of at least US$1 billion by 2022 and cut the base salaries of top executives by 25 per cent as the software maker seeks to weather the coronavirus crisis. Shares, down about 35 per cent this...

EasyJet's board looks poised to win a shareholder vote on Friday and deal a blow to its founder and long-term critic over the British low-cost airline's plan to stick with a US$5.5 billion plane order.

NEW YORK: Wall Street stocks finished lower on Thursday (May 21) following a choppy session as markets weighed heightening US-China tensions and another spike in jobless claims. The Dow Jones Industrial Average shed 101.78 points (0.41 per cent) to 24,474.12. The broad-based S&P 500 dropped 23.10 ...

U.S. auto parts maker Lear Corp has asked some workers in Mexico to restart activity on Friday, including training sessions on safety, the company said in a message to employees.

Lifting the Movement Control Order to reopen the economy alone won’t save Malaysian jobs, says Stewart Nixon.

The latest U.S. government action against China's Huawei takes direct aim the company's HiSilicon chip division-a business that in a few short years has become central to China's ambitions in semiconductor technology but will now lose access to tools that are central to its success.

While new fiscal stimulus is needed to save jobs and businesses in Singapore, focus must also be on building longer-term resilience, says OCBC economist Selena Ling.