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Stocks appear cheap but sector’s outlook remains challenging
LONDON: UK consumer spending warmed up along with the weather in July as people bought more takeaway food and visited local shops.
SINGAPORE: Singapore Exchange's regulatory unit is seeking more powers to publicly reprimand companies breaching listing rules, while also making it mandatory for firms to have a whistleblowing policy.
TOKYO: Toyota Motor Corp posted a 98% plunge in its first-quarter operating profit on Thursday as the Covid-19 coronavirus pandemic halved it global sales.
MANILA: The Philippine economy plunged by much more than expected in the second quarter, falling into recession for the first time in 29 years, as economic activity was hammered by one of the world's longest and strictest coronavirus lockdowns.
INTELLECTUAL property is a convenient fiction.
MANILA: The Philippines stock market tumbled yesterday after the government reimposed coronavirus lockdown measures in and around Manila in response to fresh outbreaks, dashing hopes of a swifter economic recovery.
THE runway for AirAsia X Bhd (AAX) is far from clear, filled with liquidity potholes that is now an enormous task to patch.