Indonesia's president promised Friday to fight the European Union over plans to restrict the use of palm oil in biofuels.
Budweiser Brewing Company APAC , the Asia-Pacific business of Anheuser-Busch InBev (AB InBev) , will not price its Hong Kong IPO of up to US$9.8 billion by Friday as planned, two people with knowledge of the matter said.
Ford and Volkswagen joined forces to develop autonomous and electric cars on Friday and said they were also looking at other areas of cooperation, deepening a global alliance to slash development and manufacturing costs.
TOKYO: Japan's industry ministry said on Friday officials briefed their South Korean counterparts on Japanese export restrictions and reiterated that they were not countermeasures in a row over the issue of forced wartime labour. South Korean officials did not ask that Japan withdraw the export ...
Airbus has halted sales of a new book that the planemaker had commissioned for its 50th anniversary to avoid hampering the manufacturer's attempts to win a settlement in a bribery probe, two people familiar with the matter said.
SINGAPORE: The two remaining MPH bookstores in Singapore are slated to close in July and September. The last day of operations for the Raffles City outlet is Jul 28, and the moving out sale will go on until then. The store at Parkway Parade will close after Sep 1. Ms Ivy Tan,...
Asian shares pulled back on Friday as worries over renewed Sino-U.S. trade tensions weighed on sentiment ahead of the release of June trade data from China, though expectations of a Federal Reserve rate cut later this month kept losses in check.
China's exports fell in June as the United States ramped up trade pressure, while imports shrank more than expected, pointing to further weakness in the world's second-largest economy and slackening global growth.
Low interest rates and weak trading volume have pushed down Wall Street's second-quarter estimates for the biggest U.S. banks, yet investors still say they want in on the sector.
The Indian government has plans to raise as much as 3.25 trillion rupees (US$47.4 billion) in the next five years by reducing its stakes in some large state-owned firms to 40per cent, two senior government officials told Reuters, in the nation's biggest privatization push in more than two decades....
