HONG KONG: Shares in media company Next Digital surged more than 340per cent on Monday as supporters of its chairman Jimmy Lai, a staunch democracy activist, scooped up the stock after he was arrested under Hong Kong's new national security law. Lai, a critic of Beijing, is the highest...
SINGAPORE: Singapore's Temasek Holdings is terminating its S$4.1 billion conditional offer for conglomerate Keppel Corp by invoking a material adverse change (MAC) clause following the company's poor financial results. After Keppel reported a large second-quarter loss that breached a threshold in ...
Shares in a Hong Kong media group critical of Beijing soared more than 300 percent on Monday as democracy activists hit social media urging investors to support the media company after its owner was arrested under the city's new security law.
When COVID-19 plunged Italy into lockdown, it was decision time at the Verampio power station. The control room, which runs a fleet of hydroelectric plants across the Piedmont region, hard hit by the pandemic, had to be secured to keep the lights on.
Microsoft Corp has emerged as the most likely buyer of the U.S. operations of TikTok, the popular Chinese short-video app that U.S. President Donald Trump is preparing to effectively ban on national security grounds.
Surging COVID-19 infections in big states like California, Texas and Florida are scaring shoppers away from newly reopened malls, dealing a blow to an industry that was on the ropes even before the pandemic began.
HANOI: Vietnam's Dung Quat oil refinery has processed its first batch of Russian Sokol crude oil on a trial basis, as it seeks a replacement for shrinking domestic Bach Ho output, its operator Binh Son Refining and Petrochemical said on Monday (Aug 10). The 130,000-barrel-per-day refinery imported ...
INDIANAPOLIS: Surging COVID-19 infections in big states like California, Texas and Florida are scaring shoppers away from newly reopened malls, dealing a blow to an industry that was on the ropes even before the pandemic began. Simon Property Group, the number one US mall owner, is expected to ......
Australian companies are likely to deliver smaller dividends in what is forecast to be the country's worst earnings season in a decade because of the coronavirus pandemic, with even firms that benefited from the upheaval expected to show caution.
China's factory deflation eased in July, driven by a rise in global oil prices and as industrial activity climbed back towards pre-coronavirus levels, adding to signs of recovery in the world's second-largest economy.
