Global stocks on defensive as US-China tensions spook investors

Read Time:2 Minute, 57 Second

U.S. stock futures slipped and Asian shares came under pressure in early Monday trade as tit-for-tat consulate closures in China and the United States fanned...

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Business News

Bitcoin rises above US$10,000 for first time since early June

July 26, 2020July 27, 2020

[caption id="attachment_7622" align="alignnone" width="976"] FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken taken March 13, 2020. [/caption] NEW YORK:...

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Healthcare News

Florida records 9,300 new COVID-19 cases, blows past New York

July 26, 2020July 26, 2020

[caption id="attachment_7542" align="alignnone" width="969"] Emergency Medical Technicians (EMT) leave with a patient at North Shore Medical Center where the coronavirus disease (COVID-19) patients are treated,...

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Breaking News Healthcare News

US doubles spending on potential virus vaccine to nearly US$1 billion

July 26, 2020July 26, 2020

[caption id="attachment_7539" align="alignnone" width="967"] US firm Moderna is developing a COVID-19 vaccine. [/caption] WASHINGTON: The United States has doubled its investment - to nearly US$1...

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Business News

Commentary: What China’s economy needs most is a good old big investment drive

July 26, 2020July 27, 2020

China should be firm in adopting an expansionary fiscal policy aimed at accelerating economic growth, says Yu Yongding. [caption id="attachment_7617" align="alignnone" width="976"] The Chinese national...

Read Time:1 Minute, 46 Second

News

SAP to float Qualtrics, partly unwinding US$8 billion buy

July 26, 2020July 27, 2020

[caption id="attachment_7614" align="alignnone" width="950"] FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017. [/caption] BERLIN: Business software group SAP said on...

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Business News

Germany must toughen audit rules after Wirecard scandal: Weidmann

July 26, 2020July 27, 2020

[caption id="attachment_7611" align="alignnone" width="953"] FILE PHOTO: German Bundesbank President Jens Weidmann arrives at the weekly cabinet meeting at the Chancellery in Berlin, Germany January 29,...

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Business News

Trump economic advisor predicts 20% US second-half growth

July 26, 2020July 27, 2020

[caption id="attachment_7589" align="alignnone" width="978"] White House National Economic Council Director Larry Kudlow speaks in the Roosevelt Room at the White House in Washington, on Apr...

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Healthcare News

Brazil registers 555 COVID-19 deaths on Sunday, health ministry says

July 26, 2020July 27, 2020

[caption id="attachment_7592" align="alignnone" width="962"] FILE PHOTO: A gravedigger wearing protective suit digs a grave to bury the coffin of a person who died from the...

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News Sports

Newly appointed minister Edwin Tong steps down as FAS vice-president

July 26, 2020July 27, 2020

[caption id="attachment_7645" align="alignnone" width="948"] Former FAS vice-president Edwin Tong with Singapore football icon Fandi Ahmad. [/caption] Singapore: Newly-promoted minister Edwin Tong will resign as vice-president...