Reddit Inc, which has been at the heart of a recent social media-driven retail trading frenzy, said on Monday it raised more than $250 million in a new round of funding that doubled its valuation to $6 billion. Read More
SINGAPORE -- Singapore state investor Temasek Holdings said on Tuesday that Chief Executive Officer Ho Ching will retire from Oct. 1 and senior executive Dilhan Pillay Sandrasegara will take over. Read More
TOKYO -- Japanese shares extended gains to hit a fresh 30-year high on Tuesday as strong corporate earnings and progress in vaccine rollouts fueled expectations for a quick normalization of the global economy. Read More
SEOUL -- South Korea's financial markets watchdog, the Financial Supervisory Service (FSS), is not currently investigating Hyundai Motor executives' sales of shares in the automaker, a regulatory official said on Tuesday. Read More
Asian stock markets rose on Tuesday after a record-setting day on Wall Street, while Bitcoin paused for breath after an overnight endorsement from Tesla Inc sent the cryptocurrency up 20%. Read More
TOKYO -- Japan's Mitsubishi Corp will enter an agreement to provide Amazon.com Inc's facilities in Europe with renewable energy through its Dutch unit Eneco, the Nikkei business daily reported on Monday. Read More
TOKYO -- The dollar nursed losses against Read More
TAIPEI -- Taiwan's central bank said on Sunday it had banned Deutsche Bank from trading Taiwan dollar deliverable and non-deliverable forwards and suspended it for two years from trading forex derivatives as part of a crackdown on speculation. Read More
SYDNEY -- Asian shares hovered near record highs on Monday while oil edged closer to $60 a barrel on hopes a $1.9 trillion COVID-19 aid package will be passed by U.S. lawmakers as soon as this month just as coronavirus vaccines are being rolled out
The U.S. Centers for Disease Control and Prevention said it had distributed 59,304,600 doses of COVID-19 vaccines in the United States and that 39,037,964 doses had been administered as of Saturday morning. Read More