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Asian markets cautious in face of geopolitical risks

HONG KONG: Asian markets moved cautiously on Wednesday (Apr 12) as global geopolitical risks continued to gnaw at investor sentiment following last week's US missile strike on Syria and soaring tensions on the Korean peninsula.


Oil shares gain as Tesla overtakes GM in market value

NEW YORK: Petroleum-linked shares were gainers on Monday (Apr 10), while Tesla overtook General Motors as the biggest automaker by market value and US stocks finished slightly positive.

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Panasonic shifts HQ for refrigeration compressor business to Singapore

SINGAPORE: Japanese multinational corporation Panasonic opened its new refrigeration compressor business unit in Singapore on Friday (Apr 7), and with it, announced the relocation of its glo [ … ]


Brazil beef exports seen returning to normal after scandal

Brazil's beef exports should return to normal levels between April and May as the country's efforts to reverse import bans have started to bear fruit in the wake of a food safety scandal tha [ … ]


Stocks off lows, oil rallies after U.S. missile strike on Syria

Oil prices held near one-month highs on Friday after the United States attacked a Syrian air base but stocks and the dollar recovered early falls when a U.S. official played down the risks o [ … ]


Dragon Capital signs joint venture to expand in Myanmar

Dragon Capital Group and Ruby Hill Financial Company, a member of Loi Hein Group from Myanmar, have agreed today to set up Ruby Hill Microfinance, a new microfinance firm based in Yangon, My [ … ]


Deputy Minister: VINACAFE equitisation a must

Tesla overtakes giant Ford in US market value


Vietnam should be ready for bilateral trade deal talks with US: experts

Vietnam should be ready to negotiate a free trade agreement with the US, according to some speakers at a recent seminar on the impacts of the Trump administration’s policies in Asia-Pacific. [ … ]


Ford announces US$1.2b investment in US auto plants

Ford announced on Tuesday (Mar 28) that it will invest US$1.2 billion in three Michigan plants, most of which is part of a 2015 deal with its workers.


Tesco handed £214m penalties on false accounting

Supermarket Tesco has agreed to a fine and compensation costs totalling £214 million (US$268 million) after an accounting scandal at Britain's biggest retailer, the Serious Fraud Office said [ … ]


U.S. Box Office: 'Beauty and the Beast' dazzles again, 'Power Rangers' off to solid start

Disney's second weekend of blockbuster "Beauty and the Beast" is dominating moviegoing in North America with $88.3 million at 4,210 locations - capping the best March ever.


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