GO
Loading...

Asia: Business

More

  • *Working with CIMB Investment Bank on restructuring plan. *Deal could cost Khazanah 1.05 billion ringgit at 21 sen per share.

  • WASHINGTON, July 1- Creditors to Puerto Rico's electricity provider were given a slight respite on Tuesday when the bonds' trustee made a scheduled payment, but the U.S. municipal bond market remained worried the Puerto Rico Electric Power Authority will soon use a new bankruptcy-like process to restructure its debts.

  • WASHINGTON, July 1- Creditors to Puerto Rico's troubled electricity provider were given a slight respite on Tuesday when the bonds' trustee made a scheduled payment, but the U.S. municipal bond market remained worried the Puerto Rico Electric Power Authority will soon use a new bankruptcy-like process to restructure its debts.

  • July 1- Twitter Inc named Anthony Noto as CFO, putting the well-regarded former Goldman Sachs executive who led its successful November IPO in charge of finances. Twitter shares rose as much as 4.8 percent after the messaging service announced its latest upper-management shake-up.

  • TOKYO, July 1- AirAsia Bhd said on Tuesday it would set up a low-cost airline with Japan's biggest online retailer Rakuten Inc and other firms, marking the budget carrier's second attempt to tap one of Asia's lucrative air travel markets.

  • June 30- Hewlett-Packard Co and attorneys representing shareholders confirmed on Monday they had agreed to settle litigation over the $11.1 billion acquisition of British software company Autonomy Corp..

  • June 30- A federal appeals court has revived a lawsuit against CACI International Inc by four former Iraqi detainees who claimed the U.S. defense contractor's employees directed their torture at the Abu Ghraib prison near Baghdad.

  • June 30- A federal appeals court on Monday revived a lawsuit against CACI International Inc, in which the defense contractor's employees were accused of directing the torture of detainees at the Abu Ghraib prison near Baghdad. CACI employees had conducted interrogation and other services at Abu Ghraib.

  • June 30- A federal appeals court on Monday revived a lawsuit against CACI International Inc in which the defense contractor's employees were accused of directing the torture of detainees at the Abu Ghraib prison near Baghdad.

  • How to avoid an arms race in Asia: Shinzo Abe Monday, 23 Jun 2014 | 8:53 AM ET
    Japanese Prime Minister Shinzo Abe

    Asian governments need to publicly disclose their military budgets in order to build trust and avoid a regional arms race, says Japan's Shinzo Abe.

  • Bitcoin's Mt.Gox gets US bankruptcy protection Wednesday, 18 Jun 2014 | 3:50 AM ET
    This photo illustration shows a man looking at the bitcoin exchange website of MtGox in Tokyo on February 25, 2014.

    The failed Tokyo-based bitcoin exchange, Mt.Gox, received court approval on Tuesday to begin Chapter 15 bankruptcy proceedings in the United States.

  • Abe to China: Let's avoid 'dangerous encounters' Tuesday, 3 Jun 2014 | 7:00 AM ET
    Japanese Prime Minister Shinzo Abe

    Asia's leaders must ensure respect for international law and nowhere is that need clearer than at sea, says Japanese Prime Minister Shinzo Abe.

  • That didn't take long: Japan eyes stimulus exit Monday, 26 May 2014 | 6:01 PM ET
    Prime Minister of Japan Shinzo Abe.

    The Bank of Japan has begun shifting its focus from supporting growth to ways of phasing out its massive stimulus.

  • Fear of economic blow as births drop around world Wednesday, 7 May 2014 | 4:26 PM ET

    Six years after the financial crisis, birth rates haven't bounced back. For the economy, that's bad news.

  • Google faces lawsuit on mobile internet search Friday, 2 May 2014 | 10:20 AM ET

    A consumer rights law firm said it filed a lawsuit against Google alleging the company "illegally monopolized" the Internet and mobile search market.

  • Texas' Energy Future files for bankruptcy Tuesday, 29 Apr 2014 | 12:26 PM ET
    The Luminant Lake Hubbard natural gas power plant, a subsidiary of Texas Energy Future Holdings LP, stands in Dallas, Texas.

    Energy Future filed for bankruptcy protection, seven years after its record leveraged buyout stacked it with debt just as prices for its electricity plunged.

  • Japan is open for business: Shinzo Abe Monday, 21 Apr 2014 | 9:49 AM ET
    Japan's Prime Minister Shinzo Abe and President Barack Obama attend the opening session of the at the 2014 Nuclear Security Summit on March 24, 2014 in The Hague, Netherlands.

    As Obama visits, Japan is accelerating the pace of negotiations on economic partnerships to open its economy further, says Prime Minister Shinzo Abe.

  • Mt. Gox CEO won't answer questions in US Saturday, 19 Apr 2014 | 11:47 AM ET
    Mark Karpeles, chief executive officer of Tibanne Co., poses for a photograph with a bitcoin in the office operating the Mt.Gox K.K. bitcoin exchange in Tokyo, Japan.

    Mark Karpeles, the CEO of Mt. Gox, said he would not come to the US to answer questions about the Japanese bitcoin exchange's U.S. bankruptcy case

  • India elections: Business winners and losers Wednesday, 9 Apr 2014 | 6:17 PM ET
    BJP prime ministerial candidate Narendra Modi addressing an election rally on April 3, 2014 in Ghaziabad, India.

    It will be weeks before results are in for India's national elections, but investors have already picked their favorite.

  • Five reasons China will fail to dominate Tuesday, 11 Feb 2014 | 7:00 AM ET
    woman walks with her child on a street as schools were closed due to the heavy smog in Jilin, northeast China's Jilin province.

    China may have the world’s second-largest economy but here are five reasons why it will fail to dominate global commerce, says investor Ed Sappin.