KUALA LUMPUR: Malaysia’s economy is projected to rebound with a growth between 6.5 per cent and 7.5 per cent next year, said the government on Friday (Nov 6) as it unveiled an expansionary budget geared towards a recovery from COVID-19. The government led by Prime Minister Muhyiddin Yassin ......
Japan automaker Honda reports profit rise despite pandemic
Danish diabetes drug maker Novo Nordisk will acquire U.S. Emisphere Technologies, which specialises in developing orally administered versions of drugs, in a deal totalling US$1.8 billion, it said on Friday.
SINGAPORE'S life insurance industry saw new business, in terms of total weighted premiums, rise 18 per cent to S$1.32 billion for the third quarter, compared with S$1.12 billion a year ago.
Alibaba is starting to feel the Ant sting. The e-commerce giant's ties to the reeling financial technology company are weighing on its US$780 billion valuation. A suspended initial public offering (IPO) and Beijing's new credit rules have hit just as growth at Alibaba's core shopping business...
Facebook Inc on Thursday said it had taken down a rapidly growing group where some supporters of U.S. President Donald Trump posted violent rhetoric and baseless claims that Democrats were stealing the election.
Japan's Sharp Corp reported on Friday a 17.1per cent drop in second-quarter operating profit as the coronavirus pandemic continued to hurt sales of automotive displays and office printers.
Honda Motor Co on Friday more than doubled its full-year operating profit forecast as it reported second-quarter earnings grew 28per cent amid a rebound in China after auto sales were squeezed by the impact of the coronavirus pandemic.
German insurer Allianz on Friday posted an unexpected 6per cent rise in net profit in the third quarter from a year earlier, despite pressure on business from the coronavirus pandemic.
The upcoming release of a ninth generation of video game consoles by Sony and Microsoft is set to be a sales slam dunk with consumers seeking entertainment during pandemic confinement. But could it also be their swansong as the habits of gamers change?
