Markets

KUALA LUMPUR: Malaysia has issued US$800 million 10-year trust certificates, the world's first sovereign US dollar sustainability sukuk, the finance ministry said on Wednesday (Apr 21). In addition, the country also issued US$500 million 30-year trust certificates, the ministry said in a statement ...

SEOUL: It was 7.30am on Christmas Eve when Cha Jung-hoon, South Korea's deputy minister for small businesses, got a call from his boss to make an urgent three-hour car trip to visit syringe maker Poonglim Pharmatech. The brief: Work out how the government could convince and aid Poonglim, which had...

A Canadian judge on Wednesday (Apr 21) adjourned Chinese Huawei executive Meng Wanzhou's extradition hearing until August, giving her team time to review newly obtained documents from investment bank HSBC they say are key to her defence.

Some companies have been playing fast and loose with pay rules to reward top executives when targets were missed, says the Financial Times’ Brooke Masters.

SINGAPORE sits as an important node in booking offshore wealth flows from the region. Given this, Citi's latest move to double down on hubs like Singapore will have it join peers tapping the Republic as a big regional magnet for offshore wealth.

Electric carmaker Tesla is facing a backlash in China just as local competitors seek to challenge the US-based company's share of the Asian giant's market.

Airbus has launched the biggest shake-up of its manufacturing network in more than a decade, with large-parts activities reorganised in France and Germany and some small-parts production hived off ahead of a possible future sale.

Risky uses of artificial intelligence that threaten people’s safety or rights such as live facial scanning should be banned or tightly controlled, European Union officials said on Wednesday (Apr 20) as they outlined an ambitious package of proposed regulations for the rapidly expanding technology.

WASHINGTON: The United States on Wednesday (Apr 21) imposed new Myanmar-related sanctions, targeting two state-owned businesses in Washington's latest in a series of punitive actions following the Feb 1 military coup in the Southeast Asian country. Washington blacklisted Myanma Timber Enterprise ...

Australia on Wednesday announced it would revoke a state government's deal to join China's Belt and Road Initiative, saying it was inconsistent with the nation's foreign policy.