HONG KONG: The New York Times will shift part of its Hong Kong office to Seoul, in an ominous move as worries grow that the new national security law China imposed on the financial hub two weeks ago would curb media and other freedoms in the city. The Times...
An exit door has opened for Standard Chartered in China. The emerging market lender has owned a fifth of Bohai Bank for over a decade with few obvious benefits. The latter's US$11 billion initial public offering (IPO) in Hong Kong gives StanChart chief executive Bill Winters...
Apple's clash with EU competition regulators comes to a head on Wednesday as Europe's second-highest court rules on whether it has to pay 13 billion euros (US$15 billion) in Irish back taxes, a key part of the EU's crackdown against sweetheart tax deals.
A central Texas county that includes Austin on Tuesday approved a plan to provide millions in tax subsidies to Tesla Inc if it builds a US$1.1 billion vehicle factory in the area.
TOKYO: The euro rose to a four-month high against the dollar on Wednesday (Jul 15) on hopes European Union leaders may agree on stimulus and deepening fiscal integration to shield the economy from the pandemic. The dollar was on the defensive, particularly against other growth-leveraged currencies ...
CITI Research expects DBS to report a "cycle-low" return on equity (ROE) of 7.5 per cent in Q2, with the projected weak earnings likely the worst of it in a season that has been seriously rattled by a health crisis.
Asian markets appeared set to shake off heightened tensions between the United States and China and the spread of coronavirus, with stock futures pointing to early gains on Wednesday.
The Dakota Access oil pipeline can continue to operate amid an ongoing court battle, a U.S. Appeals Court said on Tuesday, setting aside for now a lower court's order issued earlier this month to shut and empty the line.
A central Texas county that includes Austin on Tuesday approved a plan to provide millions in tax subsidies to Tesla Inc if it builds a US$1.1 billion vehicle factory in their community.
Home rental firm Airbnb Inc said on Tuesday it recorded more than 1 million bookings globally on July 8, offering an early sign of recovery after a slowdown in reservations during the COVID-19 pandemic.
