German sports car maker Porsche AG is setting up an assembly plant in Malaysia under a partnership with trading conglomerate Sime Darby Bhd's automotive business, The Edge Weekly reported citing sources.
South Korea's Hyundai Motor Co and Kia Corp said on Monday they are not in talks with Apple Inc on developing autonomous vehicles.
Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents face late payments. Garment factories in Bangladesh are on the rack.
Vietnam has awarded a licence to South Korea's LG Display Co. to raise its investment in the country's northern port city of Haiphong by US$750 million to US$3.25 billion, local media reported on Monday.
SoftBank Group Corp on Monday reported that third quarter net profit ballooned more than 20 times, beating estimates, driven by recovery at its Vision Fund unit.
SINGAPORE: More than 110,000 new local hires were made under the Jobs Growth Incentive Scheme in September and October last year, the Ministry of Manpower (MOM) said on Monday (Feb 8). About half of them were aged 40 and above, and based on estimates of the scheme's take-up as...
Airbnb announced plans on Monday to tighten control of short-term rentals advertised on its site in several French cities including Paris, by throwing out those without formal registration numbers.
South Korea's Hyundai Motor Co said on Monday it is not now in talks with Apple Inc on autonomous electric cars, just a month after it confirmed early-stage talks with the tech giant, sending the automaker's shares skidding.
China's Wanda Group, the major shareholder in AMC Entertainment Holdings Ltd, conducted a share conversion to permit sales of its stock in the cinema operator, a target of the recent WallStreetBets retail frenzy, AMC said in an exchange filing.
E-WALLET players Grab Financial Group, Liquid Group and Singtel Dash will now also offer PayNow services - marking the first time the peer-to-peer fund transfer service is made available to non-banks.
