Business News

U.S. demands regular review of China trade reform

A Chinese source said the United States wants "periodic assessments" but it's not yet clear how often.

Jan 19, 2019

By Reuters

Tesla cuts jobs as it looks to make Model 3 more affordable

The company, Tesla said that it expects fourth-quarter profit to be lower than the preceding quarter.

Jan 19, 2019

By Reuters

Asia stocks advance on U.S.-China trade relief

In December, Washington and Beijing agreed to a 90-day truce in a trade war that has disrupted the flow of hundreds of billions of dollars of goods.

Jan 18, 2019

By Reuters

Netflix forecast misses Wall Street view, shares dip

Investors may have been hoping for more after Netflix announced a price hike for U.S. subscribers earlier this week, usually a sign that demand is strong.

Jan 18, 2019

By Reuters

Netflix

Chinese smartphone vendors begins losing buyers

U.S. lawmakers introduce bipartisan bills targeting China's Huawei and ZTE

e U.S. Department of Justice unveiled an initiative to investigate China's trade practices with a goal of bringing trade secret theft cases.

Jan 17, 2019

By Reuters

Huawei

Singapore's December exports post worst fall in two years

Electronic exports in December fell 11.2 percent from a year earlier, after a brief recovery in November when it rose 4.3 percent.

Jan 17, 2019

By Reuters

With 1,300 jobs on offer, India remains Amazon's jobs hot spot

Amazon has almost 1,300 openings in India followed by China, has 467 job openings, Japan 381, Australia and Singapore which have 250 and 174, vacancies respectively.

Jan 16, 2019

By Ashish Shukla

McDonald's loses 'Big Mac' trademark case to Irish chain Supermac's

McDonald's was not immediately available to comment on the decision, which the company can still appeal.

Jan 16, 2019

By Reuters

Snap CFO Tim Stone to resign, shares drop 8 percent

Tim Stone's departure is not related to any disagreements with the company, which owns popular photo messaging app Snapchat.

Jan 16, 2019

By Reuters

Japan's November machinery orders stall in worrying sign over business spending

A decline in orders from construction and telecommunications companies dragged on growth in orders from the services sector.

Jan 16, 2019

By Reuters

Philip Morris looks to stop cigarette production for this reason

Philip Morris said it will develop cheaper versions of the smoke-free tobacco products for every market.

Jan 14, 2019

By Dawn Geske

CapitaLand leads Singapore REIT consolidation with $4.4 billion purchase from Temasek

The deal will create a group with combined total assets under management of more than S$116 billion.

Jan 14, 2019

By Reuters

China's 2018 trade surplus with U.S. highest on record going back to 2006

China's exports to the United States rose 11.3 percent last year, while imports from the U.S. only increased 0.7 percent.

Jan 14, 2019

By Reuters

donald-trump-slams-jim-mattis-on-afghanistan-record-claims-resignation-was-essentially-a-firing

U.S. not looking to grant further Iran oil sales waivers: U.S. official

Washington granted waivers to eight major buyers of Iranian oil - including China, India, Japan and South Korea - after restoring energy sanctions in November.

Jan 13, 2019

By Reuters

Saudi Arabia to set up $10 billion oil refinery in Pakistan

Pakistan wants to attract investment and other financial support to tackle a soaring current account deficit caused partly by rising oil prices.

Jan 13, 2019

By Reuters

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