Business SG

Bayer CEO says his team retains backing of supervisory board: report

Channel News Asia SG Business - March 25, 2019

Bayer’s management retains the backing of its supervisory board, its chief executive said, after pressure...

American Airlines extends Boeing 737 MAX flight cancellations through April 24

Channel News Asia SG Business - March 25, 2019

American Airlines said Sunday it will extend flight cancellation through April 24 because of the...

China refuses to concede on US demands to ease curbs on tech firms: Report

Channel News Asia SG Business - March 24, 2019

Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands...

Malaysia threatens EU fighter jet boycott over palm oil

Channel News Asia SG Business - March 24, 2019

Malaysia may retaliate against an EU plan to curb palm oil use by purchasing new...

China refuses to concede on US demands to ease curbs on tech firms: FT

Channel News Asia SG Business - March 24, 2019

Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands...

US’s Lighthizer, Mnuchin to travel to China for trade talks: White House

Channel News Asia SG Business - March 24, 2019

United States Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing...

US airlines prepare for 737 MAX tests, Southwest parks jets near desert

Channel News Asia SG Business - March 24, 2019

Teams from the three U.S. airlines that own 737 MAX jets were heading to Boeing...

Turkish watchdogs to probe JP Morgan after lira plunge

Channel News Asia SG Business - March 24, 2019

Turkey’s banking watchdog has launched an investigation into JP Morgan over complaints about a report...

Indian state open for talks with Uber rival Ola over ban

Channel News Asia SG Business - March 24, 2019

The southern Indian state of Karnataka kept the door open on Saturday to talks with...

Citi fires eight Hong Kong traders after review finds misconduct: Sources

Channel News Asia SG Business - March 23, 2019

Citigroup Inc has fired eight bankers and suspended three others from its equities trading desk...

Estate Planning: What you need to know to preserve your assets

Channel News Asia SG Business - March 23, 2019

The planning includes the settlement of estate taxes and the bequest of assets to heirs....

AT&T, Viacom continue contract negotiations past deadline

Channel News Asia SG Business - March 23, 2019

REUTERS: MTV, Nickelodeon, Comedy Central and other Viacom Inc channels were still available on AT&T...

Apple’s Cook to China: Keep opening for sake of global economy

Channel News Asia SG Business - March 23, 2019

Apple chief executive Tim Cook nudged China on Saturday to open up and said the...

Philip Morris says Canadian unit RBH granted creditor protection

Channel News Asia SG Business - March 23, 2019

Philip Morris International Inc on Friday said its Canadian unit, Rothmans, Benson & Hedges Inc...

Wall Street Week Ahead: Doubts increase that first quarter will be earnings low ...

Channel News Asia SG Business - March 23, 2019

NEW YORK: As Wall Street braces for what may be the first U.S. profit decline...

Southwest says sending teams to review Boeing’s 737 MAX upgrade

Channel News Asia SG Business - March 23, 2019

Southwest Airlines Co is sending experts from its technical pilot and training teams to review...

Image sharing website Pinterest files for IPO

Channel News Asia SG Business - March 23, 2019

Pinterest Inc, the owner of the image search website known for the food and fashion...

Allergan promises independent board chair in next leadership change

Channel News Asia SG Business - March 23, 2019

Allergan Plc plans to elect an independent board chairman, starting with the next leadership transition,...

Google rival wants more details about Google’s Android proposal

Channel News Asia SG Business - March 23, 2019

Czech search engine Seznam urged Google on Friday to disclose more details about its plan...

Exclusive: EU to drop threat of Huawei ban but wants 5G risks monitored – ...

Channel News Asia SG Business - March 23, 2019

The European Commission will next week urge EU countries to share more data to tackle...

Musk’s lawyers call tweet in SEC’s contempt bid ‘not material’

Channel News Asia SG Business - March 23, 2019

NEW YORK: Elon Musk’s lawyers said that the U.S. Securities and Exchange Commission failed to...

Viacom, AT&T negotiations weigh on possible CBS tie-up: Sources

Channel News Asia SG Business - March 23, 2019

Viacom Inc’s bitter contract renewal talks with AT&T Inc’s DirecTV that could see the blackout...

Top Glove’s Q2 profit dips 2.9% to RM105.8m on soaring finance costs

Business Times - March 23, 2019

A JUMP in finance costs caused Top Glove’s second-quarter net profit to edge lower by...

PSA’s 2018 profit dips 2.3% to S$1.2b on higher depreciation, finance costs

Business Times - March 23, 2019

PORT and terminal operator PSA International’s net profit dipped 2.3 per cent to S$1.2 billion...

Why Tencent missed the mark on profit by most in a decade

Business Times - March 23, 2019

TENCENT Holdings Ltd posted a slump in fourth-quarter earnings on increased spending as its prized...

Tribe Accelerator forges tie-ups with BMW Group Asia, Intel, Nielsen

Business Times - March 23, 2019

TRIBE Accelerator has formed strategic relationships with BMW Group Asia, Intel Corporation and Nielsen for...

Singapore shares end slow week on muted note

Business Times - March 23, 2019

THE action may be in Asia but investors were mostly preoccupied by events across the...

Malaysia anti-graft regulator unfreezes Jawala’s bank accounts

Business Times - March 23, 2019

CATALIST-LISTED Jawala’s Malaysian bank accounts – with balances of at least RM16.5 million (S$5.5 million)...

Pangolin Investment says exit offer for Challenger is too low

Business Times - March 23, 2019

MINORITY shareholder Pangolin Investment Management is “strongly” advising shareholders to reject Digileap Capital’s “derisory” exit...

ERA Realty launches S$1m grant to attract new talent

Business Times - March 23, 2019

THE competition for agent acquisition is heating up, with ERA Realty Network launching a programme...

Nominations open for 18th EY Entrepreneur Of The Year awards

Business Times - March 23, 2019

NOMINATIONS are open between now and April 30 for the 18th EY Entrepreneur of the...

Sembcorp to supply solar power to YCH’s warehouses in Asia

Business Times - March 23, 2019

SEMBCORP Industries is looking to supply solar power to YCH Group’s warehouses across Asia, following...

Autonomy founder Lynch set for US$5 billion Hewlett-Packard court showdown

Channel News Asia SG Business - March 23, 2019

Mike Lynch, once hailed as Britain’s answer to Bill Gates, faces Hewlett-Packard (HP) in London’s...

Change to 737 MAX controls may have imperiled planes, experts say

Channel News Asia SG Business - March 23, 2019

Much like tapping the brake pedal in a car to disengage cruise control, a sharp...

Nokia plays down compliance issues after shares drop

Channel News Asia SG Business - March 23, 2019

Finnish network equipment maker Nokia said on Friday it was looking into transactions at its...

US Treasury curve inverts after PMI data misses estimates

Channel News Asia SG Business - March 23, 2019

The spread between three-month Treasury bills and 10-year note yields inverted on Friday for the...

Tiffany sticks to 2019 targets, helped by e-commerce; shares rebound

Channel News Asia SG Business - March 23, 2019

Tiffany & Co narrowly missed Wall Street estimates for quarterly sales on Friday, two months...

In foreboding sign for US economy, factory sector softens

Channel News Asia SG Business - March 23, 2019

U.S. manufacturing activity unexpectedly cooled in March, a troubling sign for the economy although the...

Weak factories dent hopes for global economic recovery

Channel News Asia SG Business - March 23, 2019

Manufacturers in Europe, Japan and the United States suffered in March as surveys showed trade...

UK economy dodges no-deal Brexit hit, for now

Channel News Asia SG Business - March 23, 2019

Britain’s economy has struggled beneath the weight of Brexit uncertainty for nearly three years, but...

US existing home sales surge, boosted by Fed’s signal on rates

Channel News Asia SG Business - March 23, 2019

U.S. home sales surged in February to their highest level in 11 months, a sign...

NBA star Shaquille O’Neal joins Papa John’s board

Channel News Asia SG Business - March 23, 2019

Pizza chain Papa John’s, trying to bounce back from a series of high-profile PR blunders,...

Pinterest steps up planning for IPO, aims to list shares on NYSE in April: WSJ

Channel News Asia SG Business - March 23, 2019

Image-search company Pinterest Inc has sped up the timing of its initial public offering, as...

Nokia shares dive on potential Alcatel-Lucent compliance issues

Channel News Asia SG Business - March 23, 2019

Finnish network equipment maker Nokia said on Friday it was looking into transactions at its...

Chinese investment in Europe: A story of cash and concerns

Channel News Asia SG Business - March 23, 2019

Chinese firms have plowed at least 145 billion euros ($164 billion) into Europe since 2010,...

Watches of Switzerland has further US acquisitions in its sights

Channel News Asia SG Business - March 23, 2019

Watches of Switzerland expects to make further acquisitions in the United States, which it first...

Keppel O&M unit finalises semi rig construction contract from Awilco Drillin...

Business Times - March 22, 2019

RIGBUILDER Keppel Corp’s offshore and marine unit has finalised and entered into the repeat rig...

Deutsche Bank CEO paid US$8 million, top managers get first bonuses in four year...

Channel News Asia SG Business - March 22, 2019

Deutsche Bank paid its management board members their first bonuses in four years in 2018,...

Thomas Cook to shut 21 stores and cut jobs in shift to online

Channel News Asia SG Business - March 22, 2019

British travel company Thomas Cook plans to axe 320 jobs and close 21 stores in...

India’s SpiceJet in talks with lessors to induct aircraft

Channel News Asia SG Business - March 22, 2019

REUTERS: India’s SpiceJet Ltd said on Friday it was in talks with lessors globally to...

Australia’s Myer department stores to stop selling Apple products

Channel News Asia SG Business - March 22, 2019

Australian department store Myer will stop selling Apple Inc products due to the sales being...

Hun Sen denies Cambodia is Chinese ‘colony’ as work on US$2 billion road begins

Channel News Asia SG Business - March 22, 2019

Cambodia broke ground Friday on a $2 billion Chinese-funded expressway — the country’s first —...

Apple’s iPhone struggles unravel ambitions of Japan Display

Channel News Asia SG Business - March 22, 2019

When Japan Display Inc broke ground on a new factory in central Japan in 2015,...

Daimler taps Goldman to raise China BAIC shareholdingsources

Channel News Asia SG Business - March 22, 2019

Daimler has asked Goldman Sachs to help it explore increasing its stake in Chinese carmaker...

Vietnam jails two former oil execs for ‘abuse of power’ in Ocean Bank graft case

Channel News Asia SG Business - March 22, 2019

A Hanoi court jailed two former senior oil executives on abuse of power charges Friday,...

Tiffany holiday-quarter sales miss expectations on weak tourist spending

Channel News Asia SG Business - March 22, 2019

Tiffany & Co narrowly missed Wall Street estimates for quarterly sales on Friday, two months...

Boustead Projects inks JV deal to develop aerospace, high-tech park in Subang

Business Times - March 22, 2019

BOUSTEAD Projects has entered into a joint-venture (JV) agreement with Malaysian-listed Malaysia Airports Holdings for...

Fitch cuts Singtel outlook to ‘negative’ on Bharti rights issue, weaker growth

Business Times - March 22, 2019

MAINBOARD-LISTED Singtel’s long-term default outlook has been cut to “negative” by Fitch Ratings, weeks after...

Apple’s iPhone struggles unravel ambitions of Japan Display

Channel News Asia SG Business - March 22, 2019

When Japan Display Inc broke ground on a new factory in central Japan in 2015,...

Eisai starts phase 3 trials for second Alzheimer’s drug after first’s failure

Channel News Asia SG Business - March 22, 2019

TOKYO: Eisai Co Ltd on Friday said it has begun phase 3 clinical trials of...

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