VIENTIANE: Laos is set to cede majority control of its electric grid to a Chinese company, as it struggles to stave off a potential debt default, people with direct knowledge of the agreement said. The deal comes at a time when critics accuse Beijing of "debt trap diplomacy" to...
TOKYO: Japan's tuna market, the world's largest, is taking an outsized hit from the COVID-19 pandemic, pressuring restaurants and wholesalers at Tokyo's sprawling Toyosu fish market to adapt to survive. Businesses had hoped for more activity after Japan lifted its state of emergency in late May ...
China may gradually cut its holdings of U.S. Treasury bonds and notes, in light of rising tensions between Beijing and Washington, state-backed newspaper Global Times cited experts as saying.
LOCAL lenders DBS, OCBC and United Overseas Bank (UOB) averaged 4.2 per cent total returns in August 2020, outpacing the median total return of the top quartile of global banking stocks by market value.
European food-ordering firm Just Eat Takeaway.com NV thinks GrubHub is better positioned than rivals to prosper in the United States even though it has been pushed into third place, its operating chief told Reuters.
SHANGHAI: The English Premier League abruptly announced the termination of the big-money contract with its broadcaster in China in a two-paragraph statement on Thursday (Sep 4). Streaming service PPTV had a reported US$700 million deal for the rights to show all 380 Premier League matches per ...
Danske Bank will compensate about 900 customers up to 100 million Danish crowns (US$15.93 million) in total after overcharging them for investment products, it said on Friday.
Apple Inc said it was committed to freedom of information and expression in a document it has published on its humans rights policy - a move which follows increased pressure from shareholders.
French water and waste management company Veolia 's bid for a stake in rival Suez held by utility Engie at 15.50 euros a share is not high enough, Engie Chairman Jean-Pierre Clamadieu said on Friday.
Norwegian Air , which is attempting to secure a second round of financial restructuring, saw a 91per cent decline in August passenger volume from a year earlier as most of its fleet remained grounded by the coronavirus pandemic, it said on Friday.
