Markets

KEPPEL Capital Holdings has launched a new closed-end infrastructure private equity fund which has achieved its first closing with initial capital commitments of US$360 million.

The European Commission will on Wednesday announce guidelines allowing EU countries to restrict or exclude high-risk 5G vendors from core parts of their networks, a move likely to hurt China's Huawei Technologies but which may not appease the United States.

The chief executive of Robert Bosch, the world's biggest auto components supplier, warned that coronavirus could impact its global supply chain, which is heavily dependent on China.

JAKARTA: Indonesia's Lion Air Group, Southeast Asia's biggest carrier by fleet size, is halting all its flights to and from China owing to the deadly coronavirus, a company spokesman said Wednesday (Jan 29). "All flights to China will be suspended temporarily starting from Feb 1 until further ...

Ford Motor plans to resume production on Feb. 10 at its manufacturing facilities in China with joint venture partner Chongqing Changan Automobile , a spokesman for the U.S. automaker said on Wednesday.

LONDON: British Airways has suspended all direct flights to and from mainland China after Britain warned against all but essential travel to the country due to the coronavirus outbreak. BA.com, the airline's website, shows no direct flights to China are available in January and February. READ: No ...

Six months after Unilever's Alan Jope suggested he may get rid of brands without "purpose", investors are wondering when he will deliver.

SYDNEY/CHICAGO: China's growth has helped power a global aviation boom over the last decade, but as the country curtails travel in the face of a new coronavirus, a slowdown could hit the industry harder than ever before. United Airlines Holdings Inc , Air Canada , Cathay Pacific Airways Ltd...

SINGAPORE: Embattled firm Hyflux has been granted a one-month extension to its debt moratorium until Feb 28, the court heard on Wednesday (Jan 29). The company’s moratorium, which grants it a reprieve from creditors, was originally set to expire by the end of this month. The latest extension to...

As Goldman Sachs Group Inc approaches its first-ever investor day on Wednesday, all eyes are on its tiniest business division, the consumer bank, and how the Wall Street powerhouse will get it to grow.