Business News

Goldman feels the heat in Asia as IPO engine slows

Malaysia seeks $7.5 billion in reparations from Goldman Sachs

Malaysia is not currently negotiating with Goldman, but charges filed on Monday could bring the bank to the table, Lim said.

Dec 23, 2018

By Reuters

China's HNA in talks to sell Ingram Micro to Apollo Global - source

HNA has already pushed ahead with asset sales that have so far included real estate and stakes in hotels groups.

Dec 22, 2018

By Reuters

Boeing heads for expected 2018 plane order victory over Airbus

The deal for Boeing's fast-selling narrowbody jet marks the largest aircraft agreement from Africa, Boeing and Green Africa said in a joint statement.

Dec 22, 2018

By Reuters

trump-says-government-funding-bill-must-include-money-for-border-wall-we-have-no-choice

White House unveils goals for Japan trade talks

US President Donald Trump has roiled international markets by embroiling China in a trade war,

Dec 22, 2018

By Reuters

Nissan's Ghosn re-arrested, chances of imminent bail dashed

Television camera crews had gathered outside the Tokyo jail on Friday morning in hopes of catching sight of Ghosn being released.

Dec 21, 2018

By Reuters

Apple to pull some iPhones in Germany as Qualcomm extends global wins

Shares of Apple were down 2.3 percent at $157.12 in late trading, weighing on the broader market.

Dec 21, 2018

By Reuters

Mitsubishi shares plunge 16% as mileage cheating scandal escalates

Mitsubishi seeks dismissal of Bombardier trade secrets case

Dronen said Bombardier's lawsuit is intended to disrupt development of the Mitsubishi Regional Jet and inhibit the introduction of new competition into the regional aircraft market.

Dec 21, 2018

By Reuters

China hacked HPE, IBM and then attacked clients - sources

Both IBM and HPE declined to comment on the specific claims made by the sources.

Dec 21, 2018

By Reuters

Tata Consultancy Services ranked 'Top Employer' in Asia Pacific region

Top Employer Institute certifies the Indian IT major as number one in several countries across the region including Australia, India, Hong Kong, Malaysia and Singapore

Dec 20, 2018

By Prathapan Bhaskaran

Saudi 'comfortable' with oil prices, still seeks 2023 balanced budget - finance minister

Mohammed al-Jadaan said cash settlements from an anti-corruption campaign, which generated 50 billion Saudi riyals in 2018, would net "not significantly less" in 2019.

Dec 20, 2018

By Reuters

Drinking red wine can lower the short-term effects of cigarette smoking

Heard on the grapevine: How Pacific trade pact primes New Zealand wine for Japan buzz

At Sileni, which says it's among the top 10 New Zealand producers by volume, Avery is convinced of the potential to boost sales.

Dec 20, 2018

By Reuters

Noble Group completes $3.5 billion restructuring to emerge as smaller, unlisted firm

To bolster itself, Noble sold billions of dollars of assets, took hefty writedowns and cut hundreds of jobs, while defending its accounting.

Dec 20, 2018

By Reuters

Trouble mounts for Johnson & Johnson as India reacts report of asbestos in its baby powder

In the latest development, India's federal drug regulator informed that it is considering the report published by the news agency.

Dec 19, 2018

By Ashish Shukla

SoftBank Corp suffers rare Japan debut drop after record IPO

SoftBank Corp shares were most heavily traded on the Tokyo Stock Exchange's first section, accounting for about a third of the total turnover volume.

Dec 19, 2018

By Reuters

Huawei

Asian business confidence wallows near three-year low on trade worries

The latest result still marks one of the lowest readings since a rout in Chinese stocks in mid-2015 rattled world markets.

Dec 19, 2018

By Reuters

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