Business
PwC exits more than a dozen countries to avoid scandals: FT
PwC has shut down operations in more than a dozen countries that are deemed too small, risky or unprofitable, as the Big Four accounting…
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Business
Business
Stocks Tumble in Asia as Tech Investors Pull Back
Share prices of big technology companies declined in Asia on Wednesday, dragging broader markets lower, after Nvidia, the American chip…
Business
Middle East's first "party plane" set for takeoff
Entertainment gossip and news from Newsweek's network of contributors A "party plane" with DJs and drinks will fly from Dubai to an…
Business
China Southern is said to mull Hong Kong IPO of cargo unit
The deal may be coming at a tricky time for the company, which relies on Chinese exports that are under threat because of the country’s…
Business
Asia: Stocks struggle again as Nvidia chip curb warning pops calm
Asian stocks swung on Wednesday (Apr 16) after Nvidia’s announcement of new US licensing rules on shipments of its new chip to China…
Business
Taiwan’s Chip Companies Are Caught in the U.S.-China Tariff War
Even as the United States and China push their economies further apart with escalating tariffs, they share an inescapable challenge. Both…
Business
Hermes’ market value surpasses that of former suitor LVMH
Hermes’ market capitalisation surpassed that of rival LVMH, the conglomerate which tried to buy the maker of the coveted Birkin bag in a…
Business
CNMC Goldmine shares spike 7% as gold hits record high
Shares of CNMC Goldmine spiked more than 7 per cent on Wednesday (Apr 16) morning, as spot gold climbed to a record high. As at 9.45 am,…
Business
Gold hits record high on economic growth concerns
Gold prices raced to an all-time high on Wednesday (Apr 16), driven by a weaker US dollar, trade war tensions and concerns over global…
Business
Oiltek bags RM61.9 million in new contracts across South-east Asia and other global markets
This brings the group’s current order book to RM402.4 million, which is expected to be fulfilled over the next 18 to 24 months Vegetable…
Business
Stocks to watch: SIA, Sats, Sinarmas Land, Japfa, Aztech, Sabana Reit, LHN, Oiltek
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 16). Singapore Airlines (SIA):…
Business
Apple to rejigger sales division with departure of enterprise chief
Apple’s top executive overseeing enterprise sales and the western European market is planning to depart the company later this year,…
Business
Apple to rejig sales division with departure of enterprise chief
Apple’s top executive overseeing enterprise sales and the western European market is planning to depart the company later this year,…
Business
Nvidia says new limits on China exports to cost US$5.5 billion
Nvidia faces new US restrictions on the export of its H20 chip to China, a policy change that will cost the company billions of US dollars…
Business
Why Antitrust Breakups of Google and Meta Could Be Difficult
The last time the courts seriously weighed the wisdom of breaking up a giant technology company was a quarter-century ago, after Microsoft…
Business
Europe: Shares advance as Trump hints at auto-related tariff relief; LVMH plunges
European shares rose on Tuesday (Apr 15) as investors weighed fast-changing US tariff plans, while shares of LVMH slumped after the luxury…
Business
US: Stocks dip as markets monitor trade war fallout
Wall Street stocks finished lower on Tuesday (Apr 15) following news of solid bank earnings as investors monitor developments in the…
Business
A stock that offers shelter from Trump’s mayhem
With global trade under pressure from US President Donald Trump’s tariffs, there could be a significant slowdown in economic activity and…
Business
Amazon's robotaxi effort will begin testing in Los Angeles
Zoox, the autonomous driving technology company owned by Amazon, is preparing to begin testing its vehicles in Los Angeles this summer.…
Business
Behind the landmark trial that could reshape Meta's future with Instagram
Meta Chief Executive Mark Zuckerberg returned to Washington this week, testifying in a landmark trial that could force the world’s largest…
Business
BYD Leads China's EV Market in Weekly Registrations as Nio Surges 94%
China registered 351,000 passenger vehicles in the week ending April 13, up 3.9% from the previous week, according to data from…
Business
American Airlines Will Offer Free Wi-Fi on Most Flights Next Year
Beginning next year, if you catch an American Airlines flight, you won’t have to pay to watch shows or movies, keep up with the latest…
Business
Lawyer Talk: Make Your First Meeting Count
Meeting with a lawyer for the first time can be a bit daunting. You might feel overwhelmed or unsure about what to expect. But don’t…
Business
The U.S. Wants to Break Up Google and Meta. That Could Be Hard.
The last time the courts seriously weighed the wisdom of breaking up a giant technology company was a quarter-century ago, after Microsoft…