News

Note: This section contains information in English only.
Wed, 20 Mar 2019 10:24:21 GMT

Companies express interest in Malaysian Airlines

Malaysia stated it had received interest from foreign and local companies to acquire the struggling national airline Malaysia Airlines Bhd, Mahathir Mohamad, the country's Prime Minister stated on Wednesday.

Wed, 20 Mar 2019 10:20:13 GMT

MLS partners with MGM-CVC joint venture

Major League Soccer has tied up with Roar Digital, a joint venture clinched between GVC Holdings and MGM Resorts International, gaining a unique sports betting partner, it announced on late on Tuesday.

Wed, 20 Mar 2019 09:33:06 GMT

Kroger plans Turkey Hill unit sale to Peak Rock

The US supermarket chain Kroger announced it was planning a sale of its Turkey Hill unit to an affiliate owned by the private equity group Peak Rock Capital, not disclosing the financial terms of the deal.

Wed, 20 Mar 2019 08:35:25 GMT

Tencent considers bidding for A.S. Watson stake

Tencent Holdings, China's tech firm, is exploring a bid for a 10% Temasek Holdings' stake worth $3.0B in the health and beauty retailer A.S. Watson, according to a Bloomberg report published on Wednesday.

Wed, 20 Mar 2019 08:26:05 GMT

Aeris makes $575M bid for Glencore mine

On Wednesday, Aeris Resources, small Australia's copper producer, stated it had made a $575 bid to acquire the global miner and trader Glencore's copper mine CSA in the New South Wales state.

Wed, 20 Mar 2019 07:34:37 GMT

Bain Capital likely to delay Toshiba Memory IPO

The US buyout group Bain Capital is expected to postpone the Toshiba Memory initial public offering until November that seems to be one of the largest listings in Japan this year.

Wed, 20 Mar 2019 07:29:09 GMT

Glossier gets value of $1.0B in funding round

The online cosmetics brand Glossier gained value of more than $1.0B in its latest round of funding led by Sequoia Capital, becoming another billion-dollar makeup company that is powered by its founder's popularity in social media.

Wed, 20 Mar 2019 05:59:01 GMT

China's Tencent Music reaches low pitch

China's Tencent Music streaming firm reported its first earnings as a public corporation. However, the report exposed the company's production cost and soaring license.

Wed, 20 Mar 2019 05:58:51 GMT

Samsung new Galaxy smartphones are selling well in China

Samsung Electronics's Co-Chief Executive DJ Koh said on Wednesday that the company's newest Galaxy flagship smartphones are selling well in China.

Wed, 20 Mar 2019 05:10:42 GMT

Confidence among Asian companies near three-year low

According to a survey by Thomson Reuters/INSEAD, Asian business sentiment remained near a three-year low in the Q1, as the United States and China trade war dragged on.

Wed, 20 Mar 2019 05:09:25 GMT

Asian shares decline on Wednesday

On Wednesday, Asian shares retraced from a six-month high level, as investors and traders monitor the ongoing US Federal Reserve monetary policy meeting.

Wed, 20 Mar 2019 03:50:41 GMT

Wall Street edges higher, as Fed meeting begins

US stocks edged higher Tuesday, as investors and traders monitor the ongoing US Federal Reserve monetary policy meeting.

Wed, 20 Mar 2019 03:50:32 GMT

Trump is optimistic about trade talks with China

The US President Donald Trump said on Tuesday that trade negotiations between the United States and China "are going very well".

Wed, 20 Mar 2019 02:59:47 GMT

Global equity market and oil hit 2019 highs

Shares across the world extended its gains for the seventh consecutive trading session, the longest upside rally of the year.

Wed, 20 Mar 2019 02:58:09 GMT

Bolton says UK's political establishment failing on Brexit

John Bolton, the US National Security Adviser, said that UK's political establishment has failed to implement the 2016 Brexit referendum.

Tue, 19 Mar 2019 20:51:38 GMT

European shares hit six-month high

European shares ended Tuesday's trading session near a six-month high, led by a surge in automakers stocks.

Tue, 19 Mar 2019 20:51:29 GMT

US regulator fines Citigroup $25M

The US Office of Comptroller of Currency announced on Tuesday that it had fined Citigroup the sum of $25M for the violation of fair lending rules.

Tue, 19 Mar 2019 20:01:24 GMT

EU's markets watchdog to release guidance on share trading

On Tuesday, the European Securities and Markets Authority released guidance on share trading in the event of no Brexit agreement.

Tue, 19 Mar 2019 20:01:12 GMT

China and US set for new trade discussions

According to a report by the Wall Street Journal, the United States and China are planning to begin new rounds of trade talks next week.

Tue, 19 Mar 2019 19:14:31 GMT

May to ask European Union to delay Brexit

The UK Prime Minister Theresa May is set to ask the European Union for a three-month Brexit delay after another vote on her Brexit deal was derailed.

Tue, 19 Mar 2019 19:08:41 GMT

Google announces video game streaming service

On Tuesday, Google Inc's unveiled a dubbed Stadia video game service, which allows users to stream high-end games on their browser.

Tue, 19 Mar 2019 18:10:30 GMT

India's Mindtree scraps hostile takeover bid by L&T

On Tuesday, India's Mindtree rejected a hostile takeover bid made by the conglomerate Larsen & Toubro, claiming the company's plan to buy a majority stake would not create any value for the IT services firm.

Tue, 19 Mar 2019 18:03:23 GMT

Indian-Omani group to construct Sri Lanka oil refinery

Oman's Ministry of Gas and Oil and India's Accord Group have clinched a deal to construct a Sri Lanka oil refinery, a challenging move aimed at China, which had been the leading foreign investor in the country until that time.

Tue, 19 Mar 2019 17:36:52 GMT

Macquarie to sell Gdansk port terminal for $1.3B

Australia's Macquarie has agreed to sell Poland's Gdansk container terminal to an investor consortium, which includes the Polish sovereign wealth fund PFR, in a deal valued at $1.3B.

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