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Apple vendor looking to shift production lines from China to India

The establishment of the facility will create about 55,000 jobs over a year or so.

Apple purges more than 30,000 apps from its China store

Games make up 90% of the deleted apps.

Swiss banker found guilty in US$700 million 1MDB transfer

The unidentified banker is fined US$55,000 for not informing authorities about indications of money laundering in the transfer.

Even Birkin bag maker isn’t immune to pandemic pain

Hermes International’s sales dropped 42% in the three months through June, after lockdowns shut stores.

Standard Chartered planning several hundred job cuts worldwide

Cuts considered include locations such as London and Singapore.

Singapore asks banks to restrict dividends, conserve capital

It asks banks to offer shareholders the option of receiving 2020 dividends in scrip in lieu of cash.

Ada ‘petunjuk kuat’ Jho Low di Macau, kata KPN

Hamid Bador pada Februari berkata polis mendapat maklumat yang Low berada di Wuhan, China.

‘Strong indication’ Jho Low in Macau, says top cop

This comes amid efforts to bring the fugitive financier home to face justice for his role in the 1MDB scandal.

HK economy won’t recover any time soon, cautions financial secretary

Paul Chan urges landlords to offer tenants rental concessions to ride out the impact.

Japanese firm to let workers retire at age 80

The company seeks to utilise senior staff’s knowledge and networks longer.

Korean firm could make 200 million vaccines by June, says Gates

Microsoft co-founder conveys his message in a letter to South Korean President Moon Jae-in.

Message behind gold’s rally – world economy is in trouble

The pandemic has fuelled demand for the perceived safety the precious metal provides.

Apple to give staff paid time off to vote in US...

They have also been told they can volunteer as election workers at polling stations.

India’s Ambani now the world’s fifth richest person

With a US$77 bil fortune, he is the only Asian in the top 5.

Gold nears US$1,900 as veteran Mobius says to keep buying

Precious metals funds saw investment inflows of US$3.8 bil in the week to July 22.

Malaysia close to overtaking Singapore’s market value

Gains in glove-maker stocks has been a big boost for Malaysia’s market cap.

Analyst says Goldman Sachs should resolve 1MDB issue before US elections

No settlement would mean an ongoing stock overhang and uncertainty about a capital hit.

Ghosn’s son paid US$500,000 in cryptocurrency to escape accomplice

Two US men received at least US$1.36 mil from the Ghosn family to facilitate ex-Nissan CEO's escape.

Clamping down on videos, even for Tik Tok or Instagram, causes...

The move by the government has drawn criticism from civil rights groups.

Asia’s hottest tech stock soars 713% with buy-now-pay-later platform

Shift to digital payments and stuck-at-home shoppers fuel firm's expansion across the US, UK, Canada.

China state TV blacks out EPL amid spat with UK

CCTV will not show the remainder of the games, says a spokeperson.

Glove mania boosts Bursa Malaysia as best performing stock exchange

An analyst expects the bourse to report a record quarterly profit.

Gold, silver are surging to multi-year highs as virus spreads globally

Gold futures surge to an almost nine-year peak as silver touches the highest since 2014.

Marina Bay Sands settles lawsuit with S$9.1 mil payment to patron

The casino is one of the most profitable in the world.

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