Markets

Jim Momtazee, a former dealmaker at U.S. buyout firm KKR & Co Inc , has launched his own firm to pursue private equity deals in the healthcare sector.

SINGAPORE: The Singapore Government will be pumping in additional funding to help the aerospace, aviation and tourism industries - three of the hardest-hit sectors - amid the COVID-19 pandemic, Deputy Prime Minister Heng Swee Keat said in a ministerial statement on Monday (Aug 17).  In his ...

Indian politicians are trading barbs over a media report that Facebook Inc's content policies favoured Prime Minister Narendra Modi's party, putting the social network at the centre of a political storm in its biggest market by users.

U.S streaming giant Netflix is ramping up its mobile-only subscription plans in Southeast Asia and expanding local content, senior executives told Reuters, just as arch-rival Disney arrives in the fast-growing market.

Chinese drone giant SZ DJI Technology Co Ltd has been making sweeping cuts to its global sales and marketing teams as it faces coronavirus headwinds and mounting political pressure in key markets, current and former staff told Reuters.

Internet giant Google on Monday criticised proposed Australian antitrust laws, saying its free search service would be "at risk" and users' personal data could be shared if it is made to pay news organisations for their content.

BANGKOK: Thailand's economy suffered its worst contraction since the Asian financial crisis more than two decades ago, data showed Monday (Aug 17), as the coronavirus shattered the country's crucial tourism industry. The kingdom has largely escaped the worst of the disease - registering 3,300 ...

International Business Machines Corp announced on Monday a new processor chip for data centers that it says will be able to handle three times the workload of its predecessor.

SYDNEY: Two of Australia's biggest tech-focused retailers posted record annual profits and raised dividends on Monday as a coronavirus-driven shift to working from home prompted a frenzy of purchases of computers, screens and other home goods. The results from No. 1 electronics retailer JB Hi-Fi ...

Alphabet Inc's Google on Monday said a proposed antitrust law in Australia forcing tech firms to pay for news that appears on their social media websites would adversely impact individual content creators and channel operators.