Wall Street
The US House of Representatives will launch a formal impeachment inquiry over whether Donald Trump sought help from the Ukraine to smear former Vice President Joe Biden, a front-runner for the 2020 Democratic presidential nomination. Trump has denied the claims.
Global stock markets rattled as Trump impeachment bid raises new risks
25 Sep 2019 12:52 PM

The dramatic move by House of Representatives Democrats compounded investors’ anxieties.

“The markets are now scrambling to factor in the possibility of the US imposing not only an additional 10 per cent of tariffs on Chinese imports, but the figure being raised to 25 per cent.”
Wall Street rebounds after China relents
07 Aug 2019 1:49 AM

Beijing acts after US tags it currency manipulator

The San Francisco, California-based company said it expects 2019 revenue between USD 1.095 billion and USD1.115 billion, compared with its prior forecast of USD1.055 billion to USD 1.08 billion. (Photo: File)
Pinterest beats revenue on user addition, lifts 2019 sales forecast
02 Aug 2019 10:31 AM

The results were driven by a combination of international and U.S. growth and were also positively impacted by a delayed Easter this year.

Sonal Desai
US treasuries seen hitting 3 per cent this year
13 Jul 2019 1:38 AM

When speaking before Congress this week, Federal Reserve Chairman Jerome Powell signalled that the central bank is preparing to cut interest rates.

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