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India to buy US$1 bil in naval guns from US

NEW DELHI: The US government has approved the sale of naval guns worth US$1 billion to India in the biggest defense deal between the...

Alibaba won’t join Hong Kong’s stock benchmark any time soon

HONG KONG: Alibaba Group Holding Ltd. won’t feature in Hong Kong’s most widely followed stock benchmark unless the index provider significantly overhauls its rules. Stocks...

‘Future is electric’: Porsche seeks to wrest US from Tesla

Porsche’s Klaus Zellmer believes the electric car market is there for the taking. (AP pic) LOS ANGELES: More than half the cars produced by Porsche will...

‘Unstoppable’ demand for chocolate in Indonesia, says candy maker

JAKARTA: Indonesia may have lost its position as the world’s third-biggest cocoa producer because of slumping output, but its large population means the country...

Alibaba’s Hong Kong IPO has launched at US$24 a share – read the CEO’s full letter to interested buyers

“Over the last few years, there have been many encouraging reforms in Hong Kong’s capital market,” Zhang said. Alizila Alibaba finally launched its...

Oil price hurting economy, but Dubai still building too many malls

DHABI: A desert city of gleaming skyscrapers and wealthy foreigners accustomed to packed, air-conditioned shopping malls, Dubai has developed an unexpected problem in recent...

Alibaba gets green light for huge HK listing

HONG KONG: Chinese online retail titan Alibaba has been given the go-ahead to list shares in Hong Kong, reports said Wednesday, in what could...

Alibaba’s Singles’ Day sales hit record US$38b; growth slows

  HANGZHOU, Nov 12 — Chinese retailer Alibaba Group Holding Ltd’s sales for its 24-hour Singles’ Day shopping blitz hit a record US$38.4 billion (RM159...

Report: China to fight back against US tariff move

China said yesterday it strongly opposes Washington’s decision to levy additional tariffs on US$550 billion worth of Chinese goods. — Reuters pic   BEIJING, Aug 25...

Amazon is reportedly listing thousands of unsafe or banned products

© Photo by Natt Garun / The Verge   Amazon is reportedly selling thousands of products that are mislabeled, banned, or declared unsafe by federal agencies,...

Hong Kong protests benefit Thai luxury developers

The sale of properties in Bangkok is soaring as uncertainties in Hong Kong over a month-long protest are driving investors away. BANGKOK: Two months of...

Facebook’s Libra in focus as US group visits Switzerland

Facebook currently is barred from proceeding with Libra before it is properly vetted by lawmakers. (Reuters pic) ZURICH: Facebook Inc’s Libra cryptocurrency will be discussed...

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Chef Chan Hon Meng, nicknamed ‘Hawker Chan’, runs the world’s least expensive Michelin-starred restaurant in Singapore. — AFP pic   SINGAPORE, Dec 4 — Just US$2.20...

China, US competing to sell arms to Thailand

(FilePic) A soldier from the Chinese People's Liberation Army (PLA) jumps through a ring of fire during a military exercise in Shihezi, Xinjiang Uighur...

North Korea’s Kim signals more confrontational stance with new horse ride, rare party meeting

North Korean leader Kim Jong Un rides a horse while visiting battle sites in areas of Mt Paektu, Ryanggang, North Korea, in this undated...