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Updated: 26 min 38 sec ago

New York's financial watchdog fines StanChart US$40 million

Wed, 01/30/2019 - 01:11
The New York Department of Financial Services (DFS) on Tuesday fined Standard Chartered Plc US$40 million for attempting to rig transactions in foreign exchange markets between 2007 and 2013, the regulator said in a statement.

US spy chiefs break with Trump on many threats to US

Wed, 01/30/2019 - 01:06
China and Russia pose the biggest risks to the United States and are more aligned than they have been in decades, U.S. intelligence leaders told senators on Tuesday, in testimony that repeatedly contradicted President Donald Trump's statements on global threats.

Tennis: Azarenka sets up Kvitova clash in St Petersburg

Wed, 01/30/2019 - 00:58
SAINT PETERSBURG: Former world number one Victoria Azarenka set up a second-round clash with Australian Open runner-up Petra Kvitova in St Petersburg on Tuesday (Jan 29) with a straight-sets win over Margarita Gasparyan. The Belarusian, who was dumped out in the first round at Melbourne Park by ...

Traton says will be a strong contributor toward VW's cashflow target

Wed, 01/30/2019 - 00:55
Volkswagen executive Andreas Renschler on Tuesday said the Traton trucks division will be a "strong contributor" toward parent company Volkswagen Group's 10 billion euro (US$11.4 billion) cashflow target for 2020.

Lockheed to offload US$1.8 billion in pension risks to Prudential

Wed, 01/30/2019 - 00:51
Lockheed Martin Corp, the Pentagon's top weapons supplier, said on Tuesday it would transfer US$1.8 billion in pension obligations to U.S. life insurer Prudential Financial Inc to reduce the risk and costs of pensions.

US consumer morale at one-and-a-half year-low; house price gains slow

Wed, 01/30/2019 - 00:51
U.S consumer confidence fell to a 1-1/2 year-low in January as a partial shutdown of the government and financial markets turmoil left households a bit nervous about the economy's prospects.

Another shutdown spells deeper pain for US economy: Moody's

Wed, 01/30/2019 - 00:31
Another government shutdown could inflict greater harm on the U.S. economy, especially it were to happen only three weeks after the end of the longest ever such closure, Moody's Investors Service said on Tuesday.

Football: Pochettino pledges to stay with Spurs

Wed, 01/30/2019 - 00:31
LONDON: Mauricio Pochettino claims he won't walk out on Tottenham despite being a "victim" of his own success. Pochettino has been criticised after Tottenham crashed out of two cup competitions in the space of four days last week. Defeats against Chelsea in the League Cup semi-finals and Crystal ...

Football: Qatar thrash UAE amid shoe barrage to reach Asian Cup final

Wed, 01/30/2019 - 00:26
ABU DHABI: Qatar punished unwelcoming hosts United Arab Emirates 4-0 in a politically charged clash marred by disgraceful behaviour from shoe-throwing fans on Tuesday (Jan 29) to reach their first Asian Cup final. The Qataris, whose national anthem was drowned by boos before the game, face Japan ...