Hyundai Motor Group has signed an investment pact with the government of China's southern province of Guangdong to build its first overseas fuel cell system production plant in the country, the South Korean firm said on Friday.
HONG KONG: Shares in Xiaomi collapsed on Friday (Jan 15) after the United States blacklisted the smartphone giant and a host of other Chinese firms as the Trump administration aims to cement its trade war legacy against Beijing. The flurry of last-minute blacklistings is the coda to four years of...
SINGAPORE'S securities depository system has moved a step closer to being unified on the national one-step financial planning service, SGFinDex (Singapore Financial Data Exchange).
Business software group SAP forecast flat revenue and a decline in operating profit in 2021, as it released preliminary annual results that came at the high end of guidance slashed last autumn.
Amazon.com was slapped with a class-action lawsuit on Thursday accusing the e-commerce giant of inflating the prices of ebooks in collusion with some publishers.
Oil prices were mixed on Friday as strong import data from China, the world's biggest crude importer, that boosted sentiment earlier ran into concerns about Chinese cities in lockdown due to coronavirus outbreaks.
Russian state oil major Rosneft is courting investments from global trading houses to help develop one of the world's biggest oil deposits, after talks with other possible partners stalled following a collapse in oil prices, four sources told Reuters.
WILMINGTON, Del.: President-elect Joe Biden outlined a US$1.9 trillion stimulus package proposal on Thursday, saying bold investment was needed to jump-start the economy and accelerate the distribution of vaccines to bring the coronavirus under control. Biden campaigned last year on a promise ...
WILMINGTON, Delaware: President-elect Joe Biden unveiled a US$1.9 trillion stimulus package proposal on Thursday (Jan 14), saying in prime-time remarks that bold investment was needed to jump-start the economy and speed up the US response to the coronavirus pandemic. Biden campaigned last year on ...
Asian shares rose on Friday, brushing off a late Wall Street dip as expectations of large U.S. stimulus under President-elect Joe Biden shored up sentiment while oil prices perked up on upbeat Chinese trade figures.
