Markets

BANGKOK: Chinese tech giant Tencent Holdings launched its first overseas video streaming service in Thailand on Friday (Jun 14), as it ramps up its presence outside China. Tencent is diversifying from its core Chinese gaming business, which has been beset by regulatory problems, pushing revenue ...

U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that could ease fears the economy was slowing down sharply in the second quarter.

Vietnam's homegrown carmaker VinFast will deliver its first cars on June 17, the company said Friday as it showcased a factory in one of Asia's fastest growing economies.

Norwegian Air expects Boeing's 737 MAX aircraft to remain grounded until at least the end of August, missing the European summer season, CEO Bjoern Kjos said on Friday.

Chinese authorities have launched an investigation into FedEx Corp over parcels delivered to the wrong addresses, China's official Xinhua news agency reported on Friday (Jun 14).

Walmart unit Flipkart has settled a legal dispute with an Indian startup that alleged it suffered losses because its products were sharply discounted on the global retailer's website.

Volkswagen aims to raise up to 1.9 billion euros (US$2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10per cent stake.

LONDON: World stocks struggled and safe haven bets were back in play on Friday with German bond yields plumbing record lows as Chinese data rekindled woes about the health of the global economy and fears of a new U.S.-Iran confrontation intensified. Data from Beijing painted a fairly gloomy ......

HONG KONG: Some Hong Kong tycoons have started moving personal wealth offshore as concern deepens over a local government plan to allow extraditions of suspects to face trial in China for the first time, according to financial advisers, bankers and lawyers familiar with such transactions. One ...

The United States and China have halted their dispute over intellectual property rights at the World Trade Organization until Dec. 31, the WTO dispute panel hearing the case said in a statement published on Friday.