A new OPEC+ deal to balance oil markets might be possible if other countries join in, Kirill Dmitriev, head of Russia's sovereign wealth fund said, adding that countries should also cooperate to cushion the economic fallout from coronavirus.
China's auto industry has gone from zero to sixty in its post-pandemic campaign drive, with manufacturers and dealers quick to woo back lockdown-weary consumers through campaigns as unusual as a makeup-promoting personality touting car leasing.
SEOUL: The "nut rage" heiress who forced a plane to turn back over her macadamias failed Friday (Mar 27) to wrest control of the family airline from her brother, in what analysts said illustrated the power of incumbents at South Korea's chaebols. Cho Hyun-ah, 45, whose family control the Hanjin...
Volkswagen's chief financial officer called on the European Central Bank (ECB) to accelerate purchases of short-term debt, the Financial Times reported on Friday.
HONG KONG: As thousands of Hong Kong citizens and expatriates return to the city, many are seeking refuge in hotels, fearful that cramped apartments in one of the world's most expensive property markets could put families or flatmates at risk. Social distancing is tough in Hong Kong, where the...
SINGAPORE: HOOQ Digital, a video streaming service majority owned by Singapore Telecommunications (Singtel), said on Friday (Mar 27) it was filing for liquidation as it had not been able to grow sufficiently to provide sustainable returns nor cover escalating costs. HOOQ was started as a joint ...
Sony Corp said on Friday the scale of the impact from the coronavirus outbreak would be large enough to eliminate the entire upward revisions to its annual earnings forecasts made in February.
Toyota Motor Corp has sought a credit line totaling 1 trillion yen (US$9.23 billion) from Sumitomo Mitsui Banking Corp and MUFG Bank as fund-raising costs rise on the back of the coronavirus pandemic, Kyodo News reported on Friday.
China's Huawei Technologies unveiled its new flagship photography-focused P40 smartphones on Wednesday in an online presentation after the coronavirus scuppered the event it had planned.
U.S. electric carmaker Tesla Inc plans to slash on-site staff at its Nevada battery plant by around 75per cent due to the coronavirus pandemic, the local county manager said on Thursday.
