Banks may have to brace for heavy losses…

(Photo: Getty Images | d3sign)SINGAPORE — Commercial real estate prices have plunged this year as people stopped going into offices, and retail businesses were disrupted. That could lead to a significant amount of losses for…

U.S. reports more than 83,000 coronavirus cases, record…

U.S. National Guard Cpl. Kyle Zahn of the 157th Maneuver Enhancement Brigade, physician assistant (PA) Harrison Pham, and certified nursing assistants (CNAs) Jermaine LeFlare and Shameka Johnson process nasal swab samples at a drive-thru testing…

Tesla recalls nearly 50,000 Model S and X…

A Tesla Model S (L) and Model X are displayed at a shopping mall in Hong Kong on March 10, 2019.Vivek Prakash | AFP | Getty ImagesTesla is recalling up to 48,442 of its Model…

Here are the key moments from the final…

US President Donald Trump and Democratic Presidential candidate and former US Vice President Joe Biden argue during the final presidential debate at Belmont University in Nashville, Tennessee, on October 22, 2020.Morry Gash | AFP |…

IMF says Asia’s economy will shrink more in…

The International Monetary Fund's logo at its headquarters in Washington, D.C.Thomas Trutschel | Photothek | Getty ImagesSINGAPORE — Asia's economic contraction this year will be worse than previously thought as several emerging markets in the…

Op-ed: Here’s how Trump or Biden can help…

U.S. President Donald Trump and Democratic presidential nominee Joe Biden speaking during the first 2020 presidential campaign debate.Brian Snyder | ReutersIMF employees have joked among themselves for years about when the fund's bylaws would kick…

Apple iPhone maker Foxconn wants to become the…

The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019.Sam Yeh | AFP | Getty ImagesGUANGZHOU, China — Foxconn, the Taiwan company that assembles Apple's iPhone, has launched an platform…