FILE PHOTO: The U.S. flag is seen on a building on Wall St. in the financial district in New York, U.S., November 24, 2020. REUTERS/Brendan McDermid/File Photo(Reuters) – The S&P 500 and the Nasdaq dipped on Wednesday from record levels as data showing fewer-than-expected private job additions in November added to concerns about the near-term […]
LONDON (Reuters) – World stocks skirted towards record highs on Wednesday on the prospect of a coronavirus vaccine and additional U.S. economic stimulus, though enthusiasm for riskier assets left the dollar stuck near a 2-1/2 year low.FILE PHOTO: The Nasdaq building in Times Square is illuminated in blue as part of the “Light It Blue” […]
LONDON (Reuters) – World stocks skirted towards record highs on Wednesday on the prospect of a coronavirus vaccine and additional U.S. economic stimulus, though enthusiasm for riskier assets left the dollar stuck near a 2-1/2 year low.FILE PHOTO: The Nasdaq building in Times Square is illuminated in blue as part of the “Light It Blue” […]
There are generally three types of unhappy people at work, says life coach Eugene Seah. You have the ones who are temporarily unhappy due to issues with, say, their colleagues or boss; those who are deeply unhappy because they would rather leave their job and do something more meaningful; and finally those unhappy souls who […]
The Bank of New Zealand has been warned by the Commerce Commission over likely responsible lending breaches and a failure to provide timely and accurate information to borrowers. The bank reported 15 potential breaches of the Credit Contracts and Consumer Finance Act 2003 to the commission in late 2018. The potential breaches related to some […]
FILE PHOTO: People walk past a Citibank branch in New York City, U.S., March 17, 2020. REUTERS/Jeenah Moon/File PhotoWASHINGTON (Reuters) – U.S. bank profits were significantly higher in the third quarter than the first half of 2020, although the industry still lagged behind 2019 levels, a regulator reported on Tuesday. The industry’s profits jumped 173% […]
SEOUL (Reuters) – South Korean investment bank Mirae Asset Daewoo Co Ltd and affiliates won a U.S. court case against Anbang Insurance Group, a court document showed, after Mirae scrapped a $5.8 billion deal after the start of the pandemic to buy 15 U.S. hotels from Anbang.FILE PHOTO: A general view shows the headquarters of […]
TOKYO (Reuters) – Japanese companies cut spending on plant and equipment in July-September for a second straight quarter as the coronavirus pandemic hit private sector demand.FILE PHOTO: An employee wearing a protective face mask and face guard works on the automobile assembly line as the maker ramps up car production with new security and health […]
NEW YORK (Reuters) – U.S. stock markets are poised to rally in 2021, bolstered by the predictability of a new U.S. president, fresh stimulus and infrastructure spending, plus a coronavirus vaccine. But there is a potential wild card: outgoing President Donald Trump, the head of asset allocation at Pacific Life Fund Advisors said on Monday.FILE […]
When Singapore entered the circuit breaker in April, Swee Choon Tim Sum Restaurant, which often had snaking queues outside its Jalan Besar outlet pre-pandemic, saw its sales plummet by around 30 per cent and profits by about 40 per cent. To minimise losses from dine-in sales, it turned to online sales using food delivery services, […]