November 6, 2017

Paradise Papers leaks show US commerce chief, UK queen’s offshore investments

WASHINGTON, Nov 6: US Commerce Secretary Wilbur Ross has business ties to a shipping firm linked to Vladimir Putin’s inner circle, according to a vast leak […]
November 6, 2017

Amazon discounts other sellers’ products as retail competition stiffens

NEW YORK, Nov 6: Amazon.com Inc is cutting prices of products from third-party sellers on its website, moving beyond its more typical method of discounts on […]
November 5, 2017

Trump backs New York in bourses’ battle for Saudi Aramco listing

WASHINGTON/KHOBAR, Saudi Arabia, Nov 5: Intervening in a battle among the world’s top stock exchanges to list shares of national oil giant Saudi Aramco, U.S. President […]
November 5, 2017

Sprint and T-Mobile end merger negotiations

SAN FRANCISCO, Nov 5: Sprint Corp and T-Mobile USA Inc have ended merger negotiations, the companies said in a joint statement on Saturday. The companies said […]
November 5, 2017

Trump backs New York in bourses’ battle for Saudi Aramco listing

WASHINGTON/KHOBAR, Nov 5: Intervening in a battle among the world’s top stock exchanges to list shares of national oil giant Saudi Aramco, U.S. President Donald Trump […]
November 5, 2017

Irish PM says future of US$1 billion Apple data center uncertain

DUBLIN, Nov 5: A planned US$1 billion Apple data center is in doubt after Irish Prime Minister Leo Varadkar said the U.S. company’s Chief Executive Tim […]
November 4, 2017

BMW recalling 1 million vehicles in North America

WASHINGTON, Nov 4: BMW AG said Friday it is recalling about 1 million vehicles in North America for two separate issues involving fire risks and said […]
November 4, 2017

US stocks end at records on strong Apple results

NEW YORK, Nov 4: Wall Street stocks rode a solid jobs report to fresh records on Friday (Nov 3), with technology shares especially sky-bound following strong […]
November 4, 2017

13,000 PMET jobs to be created for infocomm media sector by 2020

SINGAPORE, Nov 4: More than 13,000 new jobs are expected to be created for professionals, managers, executives and technicians (PMETs) in Singapore’s infocomm media (ICM) industry […]
November 4, 2017

‘We need to do more’ about misinformation, Google says

DUBLIN, Nov 4: A top Google executive has said the US internet giant has to do more to crack down on illegal content and misinformation, after […]
November 4, 2017

SIA’s S$1.16b makeover for A380 jets a ‘worthwhile’ investment: Analysts

SINGAPORE, Nov 4: Despite the hefty price tag of US$850 million (S$1.16 billion), the move by Singapore Airlines (SIA) to overhaul its Airbus A380 jets is […]
November 3, 2017

National dept stays below 55 pct of GDP

KUALA LUMPUR, Nov 3: Prudent fiscal consolidation process seems to have moved the federal government debt to gross domestic product (GDP) away from breaching its own […]
November 3, 2017

Ringgit opens lower against US dollar

KUALA LUMPUR, Nov 3: The ringgit opened lower against the US dollar on better demand for the greenback following the US Federal Reserve’s optimistic view of […]
November 3, 2017

Alibaba says profit up 132% in ‘outstanding’ quarter

SHANGHAI, Nov 3: Chinese e-commerce giant Alibaba said on Thursday (Nov 2) that soaring sales fuelled a 132 percent increase in net profit in what it […]
November 3, 2017

Apple delivers higher profit as iPhone X launches

SAN FRANCISCO, Nov 3: Apple profits rose on the back of strong iPhone sales in the past quarter, with the US tech giant on Thursday (Nov […]
November 3, 2017

Royal Dutch Shell announces surging profits

LONDON, Nov 3: Royal Dutch Shell said on Thursday (Nov 2) that net profit almost tripled to more than US$4.0 billion in the third quarter, helped […]
November 2, 2017

Ringgit opens higher against USD

KUALA LUMPUR, Nov 2: The ringgit opened higher against the US dollar on better demand for the local note as traders are optimistic that it will […]
November 2, 2017

Razer unveils Razer Phone targeting mobile gamers

LONDON, Nov 2: Gaming accessories company Razer on Wednesday (Nov 1) unveiled its first ever smartphone device – the Android-based Razer Phone – targeting its core […]