Global Markets: Dollar wallows and stocks inch higher as stimulus eyed

SINGAPORE/WASHINGTON The dollar languished and just about everything else rose on Thursday, as markets took…

Singapore lender DBS profit skids 22% but pandemic-hit business steadying

SINGAPORE DBS Group’s quarterly profit slumped by a fifth as it boosted loan-loss provisions in…

Toyota’s first-quarter profit nearly wiped out as coronavirus erodes car sales

TOKYO Toyota Motor Corp posted a 98% plunge in its first-quarter operating profit on Thursday…

5-year Criteria of Gratuity Should Be Reduced to One, Parliamentary Committee Suggests

Image for representation (PTI) The recommendations were part of the report on the Code of Social…

Sensex Jumps over 150 Points ahead of RBI Policy Outcome; Nifty Tops 11,150

Image for Representation. According to traders, investors are positive ahead of the Reserve Bank of India’s…

Gold steadies near record high as dollar stumbles

Gold prices held steady near record highs on Thursday as a weaker U.S. dollar and…

Philippine economy dives into recession in worst slump on record

MANILA The Philippine economy plunged by much more than expected in the second quarter, falling…

U.S. FDA approves GlaxoSmithKline’s blood cancer drug

The U.S. Food and Drug Administration on Wednesday approved GlaxoSmithKline’s experimental treatment for a common…

Quicken Loans parent sells shares in IPO below target to raise $1.8 billion

Rocket Companies Inc, the parent of U.S. mortgage lender Quicken Loans, said its initial public…

Singapore bank DBS’s profit skids 22% on loan losses, says business steadying

SINGAPORE DBS Group’s second-quarter net profit slumped by a fifth as it boosted loan-loss provisions…