Markets

BRUSSELS: Belgium was hit with a 5000-euro (US$5,613) daily fine from Europe's top court on Monday for its slowness in rolling out fast-speed broadband in its capital, home to EU institutions such as the European Commission and European Parliament. The judgment from the Luxembourg-based Court of ...

U.S. consumers in June lifted their inflation expectations for the first time in three months, New York Fed data showed on Monday, reducing pressure on central bankers to cut rates significantly to support economic momentum.

U.S. stocks fell at the open on Monday as Apple Inc shares dropped and investors scaled back bets of an aggressive interest rate cut by the Federal Reserve later this month following a solid June jobs report.

U.S. stocks fell at the open on Monday as Apple Inc shares dropped and investors scaled back bets of an aggressive interest rate cut by the Federal Reserve later this month following a solid June jobs report.

SINGAPORE: As Deutsche Bank starts making the first of its 18,000 job cuts announced on Sunday (Jul 7), employees are bracing themselves for more uncertainties ahead. The German banking giant is slashing jobs globally over the next three years as part of a radical restructuring plan aimed at ...

Swiss drugmaker Roche has agreed to extend the takeover deadline in its US$4.3 billion bid for U.S. gene therapy specialist Spark Therapeutics , adding it remains "fully committed" to the transaction and expects it to close this year.

South Korean chipmakers and Japanese chemical suppliers caught in the midst of a sudden escalation of a bilateral diplomatic dispute are scrambling to circumvent tightened export controls imposed by Tokyo, industry executives said.

Japan has tightened curbs on exports of high-tech materials used in smartphone displays and chips to South Korea, upping the ante in a decades-old dispute with Seoul over South Koreans forced to work for Japanese firms during World War Two.

Japan has tightened curbs on exports of high-tech materials used in smartphone displays and chips to South Korea, upping the ante in a decades-old dispute with Seoul over South Koreans forced to work for Japanese firms during World War Two.

Cambodia's Smart Axiata said it had begun 5G trials in partnership with China's Huawei Technologies on Monday and could start rolling out the mobile network by this year.