The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Singapore's exports in July fell less than expected as shipments to major economies picked up, suggesting the manufacturing sector may have bottomed out on the back of an improving economic outlook in the United States and signs of resilience in China.
Non-oil domestic exports (NODX) eased 3.3 percent in July from a year earlier, trade agency International Enterprise Singapore said on Monday in a statement, beating a forecast of a 3.9 percent slide in a Reuters poll.
On a month-on-month seasonally adjusted basis, NODX grew 2.5 percent, above a forecast of a 1.0 percent rise prediction.
'It is, I suppose in line with the overall trend that we're seeing...of less bad figures, " said Song Seng Wun, an economist for CIMB.
Song added that recent surveys of manufacturing activity have shown improvement, both in Singapore and the region, and globally as well.
Encouragingly, shipments to development markets and China rose in July - a hopeful sign for the rest of the year.
NODX to the United States rose 8.6 percent last month from a year earlier, after sliding 2.9 percent in the previous month. Shipments to China gained 7.0 percent in July, compared to a 5.3 percent rise in June.
Shipments to the European Union (EU) jumped 24.8 percent in July from a year earlier. NODX to the EU in June declined 3.9 percent.
Electronics exports in July fell 7.9 percent from a year earlier, but the pace of decline slowed from a sharp 17.4 percent contraction in the previous month.
Electronics is a key driver of Singapore exports, but the sector has been lagging regional peers such as South Korea and Taiwan due stiff competition and a lack of popular high-tech products including smartphones.
Over the past year or so, the sector has also come under hollowing-out pressure - manufacturing being moved from a high-cost, well-developed country to a cheaper, emerging-market location.
Read MoreTop metals user China taps Singapore
The government's push to reduce a politically-unpopular reliance on foreign labor as part of efforts to increase the economy's productivity has posed further challenges for manufacturers. The move has led to a tighter labor market, putting upward pressure on wages.
On Aug. 12, the trade agency said it revised down its 2014 NODX forecast to a 1.0-2.0 percent contraction from the previous projection of 1.0-3.0 percent growth.
Still, some economists said the manufacturing sectors may have reached a bottom with a survey showing factory activity expanded in July at its fastest rate in a year. [