MANILA: The Philippines' PXP Energy Corp said it was in ongoing negotiations with China National Offshore Oil Corp (CNOOC) relating to a memorandum of understanding between Manila and Beijing on joint oil and gas development in the South China Sea. In a market disclosure, PXP said on Monday (Oct ...
Alibaba Group Holdings said on Monday it will invest US$3.6 billion to boost its stake in hypermarket operator Sun Art Retail Group Ltd , gaining further ground in China's retail market.
Britain and the European Union will on Monday attempt to breathe life into post-Brexit trade talks that appeared all but dead last week, with each side telling the other it needed to fundamentally change course.
HONG KONG: China's Ant Group has received approval from the Chinese securities regulator for the Hong Kong leg of its US$35 billion dual-listing, a person with knowledge of the matter said on Monday (Oct 19). The financial technology giant plans to list simultaneously in Hong Kong and on ......
BEIJING: China stepped up its economic recovery in the third quarter from the coronavirus shock but missed forecasts, pointing to continued challenges for one of the few drivers of global growth this year. Gross domestic product grew 4.9 per cent in the July to September period from a year earlier ......
TOKYO: Japan's exports in September fell at a slower pace than in the previous six months as US-bound shipments of cars started to recover from COVID-19 lows, suggesting the pandemic's pressure on the economy was easing. The slower decline in exports added to signs that the world's third-largest ......
Australian mining billionaire Andrew Forrest said his private company bought bootmaker R.M. Williams from French fashion giant LVMH Moet Hennessy Louis Vuitton SE , returning ownership of the famed fashion label to its home country after six years.
China's securities regulator has approved financial tech firm Ant Group's Hong Kong leg of a planned dual-listing worth up to US$30 billion, IFR reported on Monday citing unnamed people familiar with the matter.
Asian markets started higher on Monday, buoyed by hopes of a U.S fiscal package before the U.S. presidential elections next month and expectations of a coronavirus vaccine by the end of this year, though the mood was still cautious as infections jump.
Altice USA Inc said on Sunday it had sweetened its unsolicited offer to acquire Canadian cable company Cogeco by adding a premium for shares held by the Audet family, who rejected the previous offer.
