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NEW YORK:Stock prices and bond yields fell in relatively light trading on Friday as investors reacted to dwindling aid for the U.S. economy and rising coronavirus infection rates
EVEN before the release of the next James Bond film -- "No Time to Die” -- Swiss watchmaker Omega is offering a platinum-gold version of the Seamaster Diver 300M that actor Daniel Craig wears when playing 007.
MIAMI/ NEW YORK: Airbnb Inc said late on Wednesday it sold shares in its initial public offering (IPO) at $68 a piece, above its targeted price range, to raise around $3.5 billion.
PETALING JAYA: GHL Systems Bhd says it is investigating serious allegations by a report that there has been a data compromise of its e-pay online reload and that a threat actor is selling customers’ information data and credentials related to its website.
RIO DE JANEIRO: Petrobras shares plunged 22% on Monday, wiping out 71 billion reais (US$13bil) in market value, as Brazilian President Jair Bolsonaro again slammed its pricing policies after he replaced the state-controlled oil company’s market-friendly chief executive officer with a retired army general.
SINGAPORE: Never mind the trade war. A looming US interest-rate cut is set to replace tariff headlines as the key driver of developing Asian bonds, according to money managers.As traders count down to the Group of 20 summit this week, global funds are looking beyond the outcome to focus on an expected easing in Federal Reserve policy. Portfolio managers reason that regional central banks are likely to follow in the Fed’s footsteps, and this would galvanise demand for Asian bonds.
London: Brunei is facing unexpected hurdles on a prestigious London property project as the kingdom comes under fire for introducing laws persecuting homosexuals.
SINGAPORE: Singapore’s US$200bil state investor is gearing up for more deals in the U.S.
BOSTON: Federal authorities arrested dozens on Tuesday for a US$25 million (£19.1 million) scheme to help wealthy Americans, including actresses Felicity Huffman and Lori Loughlin and some CEOs, cheat their children's way into elite universities, such as Yale and Stanford.