Business News

Exclusive: EU wants Google to stop anti-competitive Android practices, fine expected

The document, running to more than 150 pages, was sent to complainants last week for feedback.

Oct 2, 2016

By Reuters

Goldman feels the heat in Asia as IPO engine slows

IPO activity in Asia Pacific fell 13.2 percent in the first nine months of the year to the weakest level since 2013.

Sep 30, 2016

By Reuters

Asia stocks rise before central bank meetings, oil bounces

Oil prices, stocks up on surprise OPEC deal though gains seen fizzling

Commodity currencies such as the Australian and Canadian dollars firmed on the OPEC news.

Sep 29, 2016

By Reuters

Former employees file class action against Wells Fargo

Wells Fargo hit with class action lawsuit over sales practices

Wells Fargo agreed to pay $190 million earlier this month to settle regulatory charges

Sep 27, 2016

By Reuters

Hyundai Motor union stages first full strike in 12 years

Workers have not put a timeline on the strike, saying it depends on the outcome of wage negotiations.

Sep 26, 2016

By Reuters

Former employees file class action against Wells Fargo

Former employees Alexander Polonsky and Brian Zaghi allege Wells Fargo managers pressed workers to meet quotas of 10 accounts per day

Sep 25, 2016

By Reuters

Oil dips on technical selling after two days of strong rises

Oil prices eased on Friday, pulled down by a technical sell-off following two sessions of strong rises.

Sep 23, 2016

By Reuters

Asian stocks step back from one-year high after Fed rate talks

Asian shares surge, dollar falters on slow-motion Fed

Asian shares rallied after the Federal Reserve left US interest rates unchanged and slowed the pace of future hikes

Sep 22, 2016

By Reuters

Uber's rival Grab raises US$750 million in record breaking funding

Uber rival Grab raises $750 million in record funding

The new round of funding is the largest till date for any regional consumer technology company.

Sep 20, 2016

By Bihu Ray

Asia stocks rise before central bank meetings, oil price bounces

Asian shares advanced on Monday ahead of central bank meetings in the United States and Japan this week.

Sep 19, 2016

By Reuters

Bayer in $66 billion bet that farmers will back linked-up supplies

Bayer has said the main reason for buying the world's biggest seeds company is to develop entirely new product combinations.

Sep 17, 2016

By Reuters

SRX Property says rents for private homes, HDB flats weakened in August

SRX Property says the rents were down by 4.7 per cent in August 2016 compared to last year August.

Sep 15, 2016

By Samhati Bhattacharjya

Fed's Kaplan says next US president must grow workforce

Kaplan's remarks on the campaign were unusual in that Fed officials typically avoid making any comments on politics

Sep 10, 2016

By Reuters

Us presidential election

AirAsia alerts public on online scam claiming to give free flight tickets

AirAsia appoints Stephane Daillencourt as CEO of leasing unit

Authorities say that the change will be effective Nov. 1, 2016.

Sep 8, 2016

By Samhati Bhattacharjya

Stock rotation to continue as Fed seen open to 2016 hike

As Fed nears rate hikes, policymakers prepare for next recession

Further rate hikes are expected to be few and far between as the US central bank tries to balance a desire to fuel growth against worries it could overheat the economy.

Aug 28, 2016

By Reuters

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