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July 4, 2015
bakrie-telecom

JAKARTA: Indonesia’s communications ministry has appealed to the country’s Supreme Court against PT Bakrie Telecom Tbk’s debt restructuring, a... More ››

July 4, 2015
new-drachma

LONDON: If a ‘No’ in Sunday’s referendum eventually takes Greece out of Europe’s single currency, any “new drachma” or... More ››

July 4, 2015
credit-suisse

ZURICH: Newly appointed Credit Suisse AG Chief Executive Tidjane Thiam, in an interview with the Financial Times, promised a... More ››

July 4, 2015
ECB

VILNIUS: European Central Bank Vice President Vitor Constancio signaled on Friday that the ECB could loosen funding to Greek... More ››

July 4, 2015
Aetna

NEW YORK: Health insurer Aetna Inc on Friday said it would buy smaller rival Humana Inc for about $37... More ››

July 3, 2015
china-stock-market

SHANGHAI: China’s market regulator has pledged to crack down on market manipulation after rumours that foreign short-sellers were behind... More ››

July 3, 2015
business-deal

JAKARTA: The chief executive of Indonesia’s Surya Semesta said on Wednesday that he was considering buying Rajawali Group’s entire... More ››

July 3, 2015
Brazil

SAO PAULO: Fifteen of the world’s largest banks are under investigation on suspicion of rigging the Brazilian currency, antitrust... More ››

July 3, 2015
canada5

MONTREAL: The Canadian economy is likely headed for recession, two major banks said Thursday, predicting a successive contraction in... More ››

July 3, 2015
Fiat

WASHINGTON: Fiat Chrysler Automobiles NV misled US auto safety regulators about recall notifications to the owners of vehicles equipped... More ››

July 3, 2015
BP-Plc

HOUSTON: BP Plc will pay up to $18.7 billion in penalties to the US government and five states to... More ››

July 2, 2015
Deloitte

WASHINGTON: Deloitte & Touche LLP will pay more than $1 million to settle charges that it violated auditor independence... More ››

July 2, 2015
bitcoin

SAN FRANCISCO: A former federal agent pleaded guilty on Wednesday to stealing bitcoins during the government’s investigation of Silk... More ››

July 2, 2015
PayPal

SAN FRANCISCO: PayPal Inc said it would buy digital money transfer provider Xoom Corp for $890 million as it... More ››

July 2, 2015
ecb_frankfurt

ATHENS: The European Central Bank’s governing council on Wednesday decided not to increase the liquidity lifeline to cash-strapped Greek... More ››

July 2, 2015
sony

First Flight is Sony’s new crowdfunding and e-commerce platform designed to raise money for projects designed by Sony employees.... More ››

July 1, 2015
bursa-malaysia

KUALA LUMPUR: Credit ratings agency Fitch surprised analysts by upgrading Malaysia’s sovereign outlook to “stable” from “negative”, boosting the... More ››

July 1, 2015
greece-debt

ATHENS: Greece’s last-minute overtures to international creditors for financial aid on Tuesday were not enough to save the country... More ››

July 1, 2015
world-bank

BEIJING: The World Bank on Wednesday urged China to accelerate reform of its state-dominated financial sector, warning that failure... More ››

July 1, 2015
euro

SYDNEY: The euro remained on the defensive in Asia on Wednesday as Greece became the first developed economy to... More ››

July 1, 2015
unikrn-logo

SAN FRACISCO: Start-up Unikrn on Tuesday announced a fresh round of funding that valued the e-sports wagering company at... More ››

July 1, 2015
airbus

PARIS: Airbus inked a deal to sell up to 75 of its A330 planes to a Chinese company during... More ››

June 30, 2015
UPDATED
fgv-eagle-high

The world's third-largest palm plantation operator had said earlier it planned to pay for 30 percent of Eagle High... More ››

June 30, 2015
china

BEIJING: China will hold over a quarter of the votes in the new Asian Infrastructure Investment Bank (AIIB), its... More ››

June 30, 2015
greece

WASHINGTON: Greece could take a risky step into the unknown Tuesday if it misses, as expected, a 1.5 billion... More ››

June 30, 2015
Microsoft

SEATTLE: Microsoft Corp said on Monday it will hand over its display advertising business to AOL Inc and sell... More ››

June 30, 2015
AirAsia2

Analysts have cut AirAsia's 2015 earnings estimates by nearly 6 percent on average since June 10, with 14 out... More ››

June 30, 2015
Heinz

The leadership of Kraft Heinz Co will be dominated by former executives of H J Heinz Co after that... More ››

June 29, 2015
ANZ

SYDNEY: Germany’s BMW AG, Australia’s Macquarie Group and a host of US private equity firms are expected to bid... More ››

June 29, 2015
greece-bank-closed

ATHENS: Greece announced early Monday it will shut banks for a week and impose capital controls, pleading for calm... More ››

June 29, 2015
UPDATED
AIIB

According to the bank's articles of incorporation, China is providing nearly $30 billion of the institution's $100 billion capital... More ››

June 29, 2015
china

SHANGHAI: One of China’s biggest ever foreign policy successes will take concrete shape on Monday when delegates from 57... More ››

June 29, 2015
ferreti

SARNICO: When Chinese industrial conglomerate Weichai Group snapped up cash-strapped Italian luxury yacht builder Ferretti in 2012, the deal... More ››

June 29, 2015
vw

FRANKFURT: Germany’s Volkswagen plans to launch a family of low cost budget cars in China and possibly elsewhere starting... More ››

June 29, 2015
money

LONDON: Rising interest rates after years of loose monetary policy will pose a fresh risk to banks’ ability to... More ››

June 29, 2015
financial-imf-world-christi

WASHINGTON: The International Monetary Fund is carefully monitoring the unfolding financial crisis in Greece and neighboring countries, and is... More ››

June 28, 2015
jopyAirbnb26_0

NEW YORK: Online home-rental marketplace Airbnb Inc is closing on a $1.5 billion fundraising that would boost the company’s... More ››

June 28, 2015
apple

NEW YORK: In its bid to become a power in music streaming, Apple is devoting its vast resources to... More ››

June 26, 2015
oil-asia

SINGAPORE: Oil pricing agency Platts is changing how it assesses oil product values in Asian trade from July 1... More ››

June 26, 2015
qantas-jetair

SYDNEY: Australian carrier Qantas said Friday it would review its Jetstar Hong Kong business after the budget carrier’s bid... More ››

June 26, 2015
equities

TOKYO: Asian equities fell on Friday as Greece failed again to reach an agreement with its creditors and stumbled... More ››

June 26, 2015
nike

Nike Inc, the world’s largest footwear maker, reported a better-than-expected profit for the eighth quarter in a row as... More ››

June 25, 2015
1mdb-ipic

For IPIC bondholders, the firm faces billions of dollars of new exposure from a deal whose details and commercial... More ››

June 25, 2015
toshiba

TOKYO: Toshiba Corp may appoint more outside board members to improve oversight of its accounts which it is now... More ››

June 25, 2015
george-osborne

LONDON: Britain’s Conservative government on Thursday said it planned to privatise its ‘green’ investment bank set up three years... More ››

June 25, 2015
takata-biggest-us-recall.si

TOKYO: Toyota and Nissan, Japan’s two top automakers, on Thursday said they will recall more than three million more... More ››

June 25, 2015
Boeing

SEATTLE: Boeing Co said on Wednesday it would slow production of its 747-8 jumbo jet by 23 percent to... More ››

June 25, 2015
glove-maker

KUALA LUMPUR/BENGALURU: Share valuations of the four biggest medical glove makers in Malaysia – in the world, in fact... More ››

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