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-- 2021-03-31 08:29:37
Saudi Arabia’s crown prince said oil firm Aramco and petrochemical firm SABIC would lead investments of 5 trillion riyals ($1.3 trillion) by the local private sector by 2030 under a programme an...
-- 2021-03-30 18:18:33
The Asia-Pacific region needs large, yet attainable, investments in resilience to protect development gains amid a fragile and inequitable post-COVID-19 economic recovery, says a UN report released on...
-- 2021-03-28 11:03:28
Vietnam received $4.1 billion in foreign direct investment (FDI) in the first three months of 2021, up 6.5 per cent from a year earlier, government data showed on Saturday. FDI has been a key driver...
Reuters 2021-03-28 10:29:17
Large block trades on Friday causing a wave of selling in a clutch of companies were driven by sales of more than $10 billion executed by Goldman Sachs Group, media reported on Saturday. Shares in Vi...
Reuters 2021-03-25 11:08:13
Asian equities bounced between gains and losses on Thursday as a selloff in Chinese technology shares due to concerns they will be de-listed from US bourses and worries about a semiconductor shortage...
-- 2021-03-23 15:14:51
Japan’s government on Tuesday unveiled measures to help midsize and large companies boost capital funds, officials have said, a step aimed at backing mainly restaurants and lodging businesses hi...
REUTERS 2021-03-23 09:02:46
Wall Street rallied on Monday as technology stocks rebounded from a recent selloff sparked by surging bond yields and Tesla jumped after a fund run by an influential investor in the electric-car maker...
-- 2021-03-20 10:32:49
Yields on US Treasuries have surged to their highest level in more than a year from record lows hit in 2020, as Federal Reserve commitments to hold rates near zero for years to come encouraged investo...
Reuters 2021-03-19 09:42:07
A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody’s and Fitch - could see thei...
REUTERS 2021-03-14 14:11:54
Economic recovery from the coronavirus crisis in the oil-rich Gulf region will be slow, weighing on the region’s banking sector, S&P Global Ratings said. Gulf countries fell into a sharp re...
-- 2021-03-13 13:39:12
African economies are expected to grow by an average of 3.4 per cent this year, the African Development Bank said, as the continent recovers from its worst contraction in half a century. The 54 econo...
Reuters 2021-03-13 11:28:55
China’s Ant Group Chief Executive Officer Simon Hu has unexpectedly resigned amid a regulatory-driven overhaul of the financial technology giant’s business, the first top management exit s...
REUTERS 2021-03-12 14:30:07
Britain’s economy shrank by less than feared in January as the country went back into a coronavirus lockdown, official data showed, but trade with the European Union was hit hard at the start of...
Reuters 2021-03-12 10:27:04
The European Central Bank said on Thursday it would accelerate money-printing to keep a lid on euro zone borrowing costs, signalling to sceptical markets that it is determined to lay the foundation fo...
-- 2021-03-12 09:20:43
AMC Entertainment Holdings Inc has said the roll-out of COVID-19 vaccines and the release of major movies, including Walt Disney Co’s “Black Widow”, would boost sales this year, send...
-- 2021-03-12 09:13:47
SoftBank Group Corp-backed Coupang was valued at around $109 billion in its market debut on Thursday after South Korea’s largest e-commerce company raised around $4.6 billion in the biggest US i...
-- 2021-03-10 14:03:30
The Monetary Authority of Singapore (MAS) has said in a report that economists and analysts polled in the Survey of Professional Forecasters expect Singapore's gross domestic product (GDP) to grow 5.8...
-- 2021-03-10 13:42:46
Shares of electric vehicle maker Tesla Inc surged nearly 20 per cent on Tuesday, rebounding from a deep selloff with its largest daily gain in a year after data showed an increase in China sales and a...
-- 2021-03-10 11:43:09
Shares of GameStop jumped on Tuesday for the fifth straight day, as the meme stock rally that began earlier this year got more juice on news about the video game retailer’s e-commerce strategy a...
-- 2021-03-09 10:21:45
Shares of Tesla Inc closed lower for a fifth consecutive session on Monday, caught in a tech-led selloff that has wiped more than $277 billion off the company’s market value over the last month....
REUTERS 2021-03-05 14:10:38
A late rally in Chinese shares on Friday helped pull Asian stocks off one-month lows as investors picked bargains while attention shifted to US non-farm payrolls due later in the day. E-Mini futures...
-- 2021-03-05 10:38:10
Vietnam spent nearly 1.9 billion US dollars importing cloth in the first two months of this year, posting a year-on-year rise of 17.6 per cent, according to the country's General Statistics Office on...
REUTERS 2021-03-05 08:39:11
China on Friday restored its annual economic growth target, setting it at above 6.0 per cent, and pledged to create more jobs in cities than last year, as the world’s second-biggest economy emer...
-- 2021-03-04 12:13:36
US private payrolls increased less than expected in February amid job losses in manufacturing and construction, suggesting the labour market was struggling to regain speed despite the nation’s i...
-- 2021-03-04 11:13:52
Shares of Oscar Health fell more than 7 per cent in their stock market debut on Wednesday, fetching a valuation of just over $7 billion for the health insurance start-up backed by Google parent Alphab...
-- 2021-03-03 10:39:55
G20 major economies have agreed to raise International Monetary Fund reserves with a new allocation of the fund’s own special drawing rights (SDRs) currency, the IMF’s head said on Tuesday...
-- 2021-03-02 09:55:06
The US Senate will start debating President Joe Biden’s $1.9 trillion coronavirus relief bill this week, Senate Majority Leader Chuck Schumer said on Monday after Democrats backed down from an e...
Reuters 2021-03-02 09:52:03
Despite the US economy’s near miss with a depression last year and an ongoing coronavirus pandemic that has brought travel to a virtual halt, Jeff Hurst, the chief executive of vacation rental f...
REUTERS 2021-03-01 10:27:45
Danone said on Sunday it was taking a first step towards selling off its stake in its Chinese dairy partner as the French food group faces pressure from shareholders to improve its performance and gov...
-- 2021-03-01 10:10:27
China’s factory activity expanded in February at a slower pace than a month earlier, hitting the lowest level since last May and missing market expectations after brief COVID-19-related disrupti...
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