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May, 2018 5:03 AM

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Australia's ANZ bank exits Cambodian joint venture

18.05.2018 Australian bank ANZ has sold its majority stake in a Cambodian joint venture to Japanese financial firm J Trust as it shifts focus away from Asia and onto core assets... click to read more.

Singapore Airlines to absorb regional wing after upgrade

18.05.2018 Singapore Airlines said Friday it will absorb its struggling premium wing SilkAir following a multimillion-dollar upgrade as part of a reform drive to stay competitive... click to read more.

PayPal buys payments startup iZettle for $2.2 bn

18.05.2018 PayPal on Thursday announced a deal to buy Swedish online commerce startup iZettle for $2.2 billion, a deal that came as the young company was poised for a stock market debut... click to read more.

Global economy to grow faster than expected in 2018-19,at 3.2 percent: UN

18.05.2018 The global economy is set to expand faster than expected in 2018 and 2019, the United Nations said Thursday, predicting a new a growth rate of 3.2 percent... click to read more.

China's Tianqi raises profile as a top lithium supplier with stake in Chile's SQM

18.05.2018 China's Tianqi boosted its position as one of the world's largest suppliers of lithium, a key component in batteries for the booming electric car industry, after it agreed to acquire a stake in Chile's SQM... click to read more.

Trump dampens chances of trade deal with China

18.05.2018 US President Donald Trump threw cold water on the chances of reaching a deal on trade with China, just as a delegation from Beijing was in Washington for talks on Thursday... click to read more.

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25.10.2017GM shares rise despite loss, tough North American market
General Motors reported a hefty loss Tuesday due to costs connected to its Opel/Vauxhall sale, but won praise for moving aggressively to address an inventory overhang in North America.

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16.06.2017Takata close to filing for bankruptcy: report
Japan's scandal-hit airbag maker Takata is expected to file for bankruptcy protection as early as this month as it prepares to sell its assets to a US company, a report said Friday.

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