SEOUL: South Korea's Hyundai Motor Co reported on Tuesday a 57per cent rise in fourth-quarter profit, slightly below analyst estimates, backed by demand for high-margin sports-utility vehicles and its premium Genesis cars. Hyundai, which together with affiliate Kia Corp is among the world's ...
SINGAPORE: Hotel Equatorial Penang will shut down operations by the end of March because of "adverse business conditions caused by COVID-19", the hotel's management announced on Tuesday (Jan 26). "This is a very sad and difficult decision," the hotel's management said in a memo to employees seen ...
A Hyundai Motor Kona electric vehicle caught fire last week in the first-ever known case of a recalled Kona catching fire, prompting authorities to investigate the adequacy of the recall, a South Korean transport ministry official said.
REUTERS: Chinese online video company Kuaishou Technology on Tuesday said it was looking to raise as much as HKUS$42 billion (US$5.42 billion) in an initial public offering (IPO). The Tencent-backed online video site, which operates apps that allow user-uploaded videos as well as live ...
Oil prices eased on Tuesday, giving up some of the previous session's gains, as hopes for rapid approval of new U.S. economic stimulus faded while new coronavirus infections around the world mount up.
Twitter Inc said on Monday it launched a pilot program that has users flag tweets that they believe are misleading and write notes to provide context.
Facebook Inc said on Monday it would provide academic researchers information on how political ads were targeted in the lead-up to the presidential election in the United States last year.
Pfizer will pursue its request for India to approve its COVID-19 vaccine if the government commits to buying shots, the U.S. drugmaker told Reuters on Monday, even as global supplies tighten.
LONDON: Facebook News launched in Britain on Tuesday (Jan 26), delivering users of the world's leading social network curated news content bought from traditional publishers that have struggled financially. The arrival of Facebook News comes after the news tab feature was rolled out in the United ...
South Korea recorded its worst growth in more than two decades in 2020, the central bank said Tuesday, but it is expected to be among the best-performing OECD economies in the wake of the coronavirus pandemic.
