Stock Market
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Exclusive-5G Two Malaysian airlines sold their shares to the government, sources indicate.
KUALA LUMPUR/SINGAPORE Three sources familiar with the situation told Reuters that two of Malaysia’s top mobile carriers have no plans…
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Geely, an oil business, may invest in the Renault engine industry, according to reports.
Geely Automobile Holdings and an oil corporation are in discussions to acquire holdings in the fossil-fuel engine unit. Renault wants…
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Toyota will invest $5.3 billion on batteries in Japan and the U.S.
The Japanese carmaker said on Wednesday that it will invest up to 730 billion yen ($5.27 billion) in Japan and…
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Competitor Asda acquires the petrol forecourt business from Britain’s Co-Op.
LONDON The Co-Operative Group said on Wednesday that it has agreed to sell its estate of 129 fuel forecourts to…
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The governor of Arizona says TSMC is making “great” progress with its Arizona chip facility.
TAIPEI The governor of the U.S. state of Arizona said that TSMC is making “great” progress building its new facility…
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Futures on European equities are rising; Eurozone CPI data is in the spotlight.
asiantrade.tv Wednesday should be a good day for European stock markets as investors look at the latest data on factory…
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U.S. officials will scrutinise Alibaba and other Chinese audits. Sources
Hong Kong U.S. officials have picked e-commerce giant Alibaba (NYSE: BABA) Group Holding Ltd. and other Chinese businesses listed in…
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Futures have recovered from the Jackson Hole jolt; data are awaited.
Futures on U.S. stock indexes gained on Tuesday after a rocky start to the week on expectations of a fast…
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During a lull in negative news, the stock market inched up.
Hong Kong/London As investors waited for the next round of likely bad inflation data and worried about Europe’s energy crisis,…
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Kyocera, a Japanese chipmaker, announced that its founder, Kazuo Inamori, has died.
The founder of Japanese electronics manufacturer Kyocera Corp. has passed away, the firm said on Tuesday. Kyocera said in a…
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