Markets

The U.S. National Highway Traffic Safety Administration has opened a probe into potential unintended braking in 675,000 2017-2018 Nissan Motor Co Ltd Rogue vehicles, the agency said in a statement on Friday.

KUALA LUMPUR: Malaysian budget carrier Firefly said on Friday (Apr 12) that it will resume flights to Singapore with two trips a day. The move comes after Malaysia suspended its permanent Restricted Area over Pasir Gudang indefinitely, while Singapore withdrew the Instrument Landing ...

JPMorgan Chase & Co reported a better-than-expected quarterly profit on Friday, as higher interest income and gains in the bank's advisory and debt underwriting business offset weakness in trading.

Asian shares were flat and U.S. Treasury yields pulled back on Friday as investor caution prevailed ahead of the release of first-quarter corporate earnings, although stronger U.S. economic data helped offset some concerns about global growth.

REUTERS: Wells Fargo & Co reported a 16.4 percent jump in quarterly profit on Friday, as the lender reaped the benefits of its aggressive cost-cutting efforts. Noninterest expenses fell 7.5 percent to US$13.9 billion in the first quarter from a year earlier. The bank said it was on track...

Germany's Merck KGaA said it signed a takeover agreement with target Versum Materials for a price of US$53 per share after Versum walked away from a prior merger agreement with rival Entegris.

CEO Glenn Mohammed says it faced challenging times since it launched in December 2017, including customers who abused their data limits and not paying their subscriptions.

Alibaba Group founder and billionaire Jack Ma has defended the grueling overtime work culture at many of China's tech companies, calling it a "huge blessing" for young workers.

PNC Financial Services Group Inc's first-quarter profit met analysts' estimates on Friday, as a rise in expenses and provision for credit losses overshadowed growth in interest income and loans.

KUALA LUMPUR: After months of negotiation, Putrajaya and Beijing have agreed to proceed with the East Coast Rail Link (ECRL) at a cost of RM44 billion (US$10.6 billion), slashing more than 30 per cent off the initial projected cost for a shorter route. According to a statement issued by Malaysia’s...