Global News


18 January 2018 - Boeing to make aircraft seats with car supplier Adient to cut delays Reuters
  1. More Boeing is moving into making aircraft seats to try to reduce costly delays to deliveries by plane manufacturers, forming a joint venture with car seating leader Adient
17 January 2018 - China economy to grow 6.5pc in 2018
  1. More Crackdown o debt risks, pollution to cool expansion pace, says experts
17 January 2018 - Ford gives disappointing outlook, says turnaround to take years
  1. More Ford Motor Co on Tuesday estimated financial results for 2017 and 2018 that fell short of investor expectations, in a downbeat forecast that contrasted with a more positive outlook from rival automaker General Motors Co
17 January 2018 - Lower investments abroad by China in 2017
  1. More Non-financial overseas spending down 29.4% year-on-year
17 January 2018 - McDonald’s sets recycling goals
  1. More Global fast-food chain switches to green packaging materials
16 January 2018 - Global carmakers to invest at least $90 billion in electric vehicles
  1. More Ford Motor Co's plan to double its electrified vehicle spending is part of an investment tsunami in batteries and electric cars by global automakers that now totals $90 billion and is still growing, a Reuters analysis shows
16 January 2018 - Chinese businesses are leading, not copying, says PricewaterhouseCoopers
  1. More Chinese companies have moved beyond copying others' technologies as the world's second-largest economy now leads the way in many areas, according to PricewaterhouseCoopers
15 January 2018 - Young consumers drive tech-based business in China
  1. More Internet giants racing to provide more content to attract young users
15 January 2018 - Digitalisation, expansion to drive salary growth
  1. More A survey, which looked at the job market in the SouthEast Asian region, shared optimistic predictions for 2018 by suggesting that the region's economic outlook, ongoing digitalisation and steady market expansion are set to drive salary growth
15 January 2018 - Ford plans $11 billion investment, 40 electric vehicles by 2022
  1. More Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show
15 January 2018 - Jaguar Land Rover to open R&D center for automated tech in Ireland
  1. More Britain’s biggest carmaker Jaguar Land Rover said on Monday it would open a software engineering center in Ireland, creating 150 jobs to work on advanced automated driving and electrification technologies
14 January 2018 - ASEAN faces disruptive trends
  1. More Can region adapt to remain competitive and dynamic?
13 January 2018 - US finds China aluminum sheet metal imports hurt American producers
  1. More The US International Trade Commission on Friday said in an initial finding that imports of aluminum alloy sheet metal from China harm US producers, allowing a US probe into whether the product was being dumped or subsidized to move forward
13 January 2018 - Taxman looms over Singapore
  1. More Feb 19 budget rollout may feature GST hike and other tax options
12 January 2018 - Hyundai picks Grab for expansion
  1. More Firm's first direct investment gives it a foothold in Southeast Asian market
11 January 2018 - India eases restrictions to attract investors
  1. More Indian Prime Minister Narendra Modi eased restriction of foreign direct investment across several sectors, including allowing overseas airlines to invest in state carrier Air India Ltd, in a bid to revive growth in Asia's third largest economy
11 January 2018 - Carmakers start US$1b fund
  1. More Renault, Nissan and Mitsubishi looking to make inroads in new technology
11 January 2018 - Hyundai Motors mulls building plant in Southeast Asia
  1. More South Korea's Hyundai Motor said it is considering building a car plant in Southeast Asia with Indonesia and Vietnam as possible locations - part of efforts to diversify after a sales slump in China
11 January 2018 - China set to dominate clean energy on investment surge
  1. More While China isn’t necessarily intending to fill the ‘climate leadership void’, it will be comfortable providing technology leadership and financial capacity.
11 January 2018 - China's premier says 2017 GDP growth expected around 6.9 percent
  1. More Chinese Premier Li Keqiang said the economy is expected to have grown around 6.9 percent last year, according to the official Xinhua news agency
10 January 2018 - WM Motor wants to be the Ford of electric cars in China
  1. More Chinese electric car start-up WM Motor may be up against a crowded playing field filled with more established players, but the company has big ambitions
10 January 2018 - France offers China wider opportunities
  1. More In return, country seeks greater access to China markets
10 January 2018 - India mulls 70pc duty on China, Malaysia firms
  1. More India, the largest importer of Chinese solar equipment, proposed a 70 per cent safeguard duty on cells and modules shipped from China and Malaysia, citing "threat of serious injury" to the domestic industry
09 January 2018 - Samsung Electronics unveils driverless car parts, infotainment platform
  1. More Samsung Electronics Co Ltd unveiled its first set of components for autonomous driving and infotainment solutions developed with Harman International, which it bought about a year ago in a major push into the auto electronics market.
09 January 2018 - Volkswagen, Uber to deploy Nvidia’s self-driving tech
  1. More Nvidia takes early lead in competition among component makers
08 January 2018 - China isn't just a manufacturing hub anymore, UBS says
  1. More Beijing's push to transition its economy has led to the country moving on from simply being known as the world's factory, according to a top executive at Swiss bank UBS
08 January 2018 - Europe casts wary eye on China's Silk Road plan
  1. More Depending on who you ask in Europe, China's colossal East-West infrastructure programme is either an opportunity or a threat - and when French President Emmanuel Macron visits next week, Beijing will be watching to see how keen he is to jump on board
08 January 2018 - Crucial year for Greece
  1. More Will the current bailout programme be followed by a similar plan?
06 January 2018 - India readies for ASEAN
  1. More Indian and Asean leaders have a heavy agenda for the commemorative summit on Jan 25
05 January 2018 - Google eyes Chinese e-sports market with US$120 mil investment in Chushou
  1. More Alphabet Inc's Google has led a US$120 million investment in Chinese live-stream mobile game platform Chushou, the two companies said on Friday, as the U.S. firm eyes new inroads to China where its search engine is blocked
05 January 2018 - Solid U.S. job growth expected in December; wages seen rising
  1. More U.S. employers likely maintained a brisk pace of hiring in December while increasing wages for workers amid growing confidence in the economy, which could pave the way for the Federal Reserve to increase interest rates in March
04 January 2018 - AT&T to launch 5G in U.S. by late 2018
  1. More AT&T Inc, the No. 2 U.S. wireless carrier, said it would launch fifth-generation (5G) mobile network service in a dozen cities in the United States by late 2018
04 January 2018 - China is boosting ties in Latin America and Trump should be worried
  1. More China’s emergence as a global economic rival to the United States is perhaps most obvious in Latin America
04 January 2018 - China's services sector growth at more than three year-high in December: Caixin PMI
  1. More China’s services sector activity expanded at its fastest pace in over three years in December on solid growth in new business, with the outlook improving to a six-month high, a private sector survey showed on Thursday
04 January 2018 - China set tobe No. 1 LNG importer
  1. More Beijing's crackdown on pollution has put China on track to overtake Japan this year as the world's biggest importer of natural gas, used to replace dirtier coal
04 January 2018 - Indonesia economy hits trillion-dollar milestone
  1. More We will improve our tax collection process and coordination between agencies.
03 January 2018 - Hyundai, KIA set 4pc growth target
  1. More Carmakers aims to sell 7.55m vehicles this year amid slowdown in major markets, trade protectionism
03 January 2018 - ASEAN manufacturing sees “disappointing start to 2018” – IHS Markit
  1. More ASEAN’s manufacturing sector seems to be off to a “disappointing start” this year as firms scaled down buying activity and cut back on inventory in December last year, according to IHS Markit
03 January 2018 - Norway now has to tend to its own petroleum future
  1. More This follows the exit of big oil companies from the country
03 January 2018 - Asian factories end robust 2017 on mixed note
  1. More Regional central banks seen hiking interest rates slowly
02 January 2018 - U.K. threatens new taxes on tech giants
  1. More Government wants firms like Facebook and Google to be more cooperative in helping to fight against terrorism
01 January 2018 - World's richest add US$1tril to fortune
  1. More The richest people on earth become US$1 trillion (RM4.05 trillion) richer last year, more than four times 2016's gain, as stock markets shrugged off economic, social and political divisions to reach record highs
29 December 2017 - New tax to hurt hedge funds
  1. More 3pc value added levy seen adding more pressure on industry
28 December 2017 - Geely takes substantial stake in truck maker AB Volvo
  1. More Chinese company already owns a separate Volvo Car
28 December 2017 - China extends tax rebate for electric cars and hybrids
  1. More China will extend a tax rebate on purchases of so-called new-energy vehicles (NEV) until the end of 2020, a boost for hybrid and electric car makers amid a shift by policy-makers away from the traditional internal combustion engine
28 December 2017 - Global economy back to ‘normal’ after 2017's upside surprises
  1. More The global economy found its post-crisis footing in 2017, with most major developing economies surprising on the upside
28 December 2017 - Shares sink on rights issue plan
  1. More Hyundai Heavy plans to raise about 1.29tril won for working capital after struggling with declining orders
27 December 2017 - Auto robot maker Kuka to diversify target markets
  1. More It’s looking at smaller-sized robots for electronics and logistics sectors
27 December 2017 - Japan jobless rate falls to 24 year low
  1. More Economy posts seven straight quarters of growth for longest positive run in 16 years
27 December 2017 - India set to be 5th largest economy
  1. More India look set to leapfrog Britain and France next year to become the world's fifth largest economy in US dollar terms
25 December 2017 - Peso predicted to be Asia's worst performer next year
  1. More Investors rejoicing over the Philippines peso's rally to a six month high should beware: the currency is predicted to be Asia's worst performer next year
22 December 2017 - Trump delivers sweeping reform
  1. More US Congress passes massive proposal that includes corporate rate cut to 21pc
22 December 2017 - China to be largest market in 5 years
  1. More Local government spent 8.6b yuan on subsidies last year to get airlines to fly tourist abroad
21 December 2017 - Trump nears tax victory
  1. More However, rare last minute snag over parliamentary rules will force lower chamber to vote on updated package once again
21 December 2017 - Asian business confidence at highest level in 7 years
  1. More Business confidence among Asian companies rose in the October-December period to the highest in almost seven years due to robust consumption and global trade, a Thomson Reuters/INSEAD survey showed
20 December 2017 - U.S. move to support Asia growth
  1. More Goldman Sachs says bill, if approved, may put pressure on central banks to hike rate, which will lift export margins
19 December 2017 - Tencent, JD.com team up to take Alibaba
  1. More Firms paying US$863m for a combined 12.5pc stake in apparel platform Vipshop
19 December 2017 - China may scrap subsidies for new-energy vehicles next year
  1. More China is planning to tell local governments to stop offering subsidies for electric cars and other new-energy vehicles to discourage protectionism and help rein in state expenditure, said people familiar with the matter
18 December 2017 - Tencent buying into supermarket chain
  1. More Internet giant paying 4.22b yuan for 5pc stake in Yonghui
18 December 2017 - NIO launches its first electric SUV
  1. More At 448,000 yuan, carmaker undercuts rival models from Tesla, BMW
18 December 2017 - Huawei, Xiaomi plan U.S. foray
  1. More China's top smartphone makers in talks with wireless operators, say sources
16 December 2017 - Business confidence at 11-year high
  1. More Confidence among Japan's biggest manufacturers is at an 11-year high, a key central bank survey showed, as the world's No. 3 economy picks up pace
15 December 2017 - Carrot and stick tax changes in offing
  1. More Firms that raise pay for workers, invest in skills training may pay less
15 December 2017 - Robots multiply in China with annual output passing 100,000
  1. More China is churning out robots
15 December 2017 - Philippines passes tax reform bill
  1. More Measure expected to help raise 92b pesos in revenues in first year
15 December 2017 - Shanghai seen replacing Paris as global growth center by 2035
  1. More Shanghai will replace Paris in the top five of global city economies by 2035 in a sign the balance of the world's economy is shifting east, according to an Oxford Economics study
15 December 2017 - Saudi Aramco to go ahead with expansion plan
  1. More CEO says the firm also out to regain lost market share
14 December 2017 - Toyota, Panasonic plan joint development of EV batteries
  1. More Move will help Panasonic extend market lead in auto lithium-ion batteries
14 December 2017 - Hyundai, KIA closing gap with rivals
  1. More Korean carmakers plan to bring 38 Evs to market in next 8 years
13 December 2017 - Google launching artificial intelligence research center in China
  1. More Alphabet Inc's Google said on Wednesday it is opening an artificial intelligence (AI) research center in China to target the country's local talent, even as the US search firm's products remain blocked in the country
13 December 2017 - ADB lifts Asia's 2017 growth outlook to 6% on firm exports, China
  1. More The Asian Development Bank on Wednesday raised its economic growth estimate for developing Asia to 6% for this year from a previous estimate of 5.9%, citing stronger than expected exports and China's resilience
13 December 2017 - SEMI forecasts US$55.9 billion sales in semiconductor equipment in 2017
  1. More Global sales of new semiconductor manufacturing equipment will increase 35.6% to US$55.9 billion in 2017, according to the U.S. based Semiconductor Equipment and Materials International (SEMI)
13 December 2017 - Singapore electric car-sharing service gets started
  1. More Singapore launched yesterday its first large scale electric car sharing programme through which the land-scarce city-state hopes to provide commuters with more transport options and steer them away from the need to buy their own cars
13 December 2017 - S-E Asia online economy seen at US$50bil this year
  1. More Research report predicts it will grow four-fold by 2025
13 December 2017 - Internet economy seen reaching US$50b in 2017
  1. More Southeast Asian commerce set to grow fourfold by 2025, says Google-Temasek report
12 December 2017 - US, EU, Japan to join forces on Chinese excess capacity — source
  1. More The United States, European Union and Japan are expected to announce a joint effort on Tuesday aimed at confronting China over its excess industrial capacity and other trade practices, a source close to the discussions said
12 December 2017 - Turkey's 11% GDP growth fuels expectations of rate hike
  1. More Turkey’s economy grew faster in the third quarter than any other of the world’s 20 biggest economies as household spending and exports surged, stoking expectations that the central bank will increase borrowing costs to curb rising inflation
11 December 2017 - Japan big manufacturers' mood improves in Oct-Dec - govt
  1. More Large Japanese manufacturers turned more optimistic about economic conditions in the October-December quarter, a government survey showed on Monday, in another upbeat sign for an economy on a record run of growth
11 December 2017 - Myanmar to delay law that would have allowed more foreign investment
  1. More Myanmar will delay a long-awaited reform that would open the door further to foreign investment, two officials told Reuters, a move likely to disappoint cash-starved businesses amid growing doubts over the management of the economy by the country's leader, Aung San Suu Kyi
11 December 2017 - EU, Japan conclude world's largest free trade agreement
  1. More The European Union and Japan concluded negotiations on a free trade deal to create the world's largest open economic area, signalling their rejection of the more protectionist stance of U.S. President Donald Trump
11 December 2017 - Builders to gain from US$323b spree
  1. More Government seen boosting spending on airports, high speed rails, ports next year
11 December 2017 - Battles loom in UK over competing Brexit demands
  1. More Britain could remain closely aligned with the rules of the European Union’s (EU) single market under its initial withdrawal deal with Brussels, a move that has critics worried about heading towards a soft Brexit
08 December 2017 - Could a Murdoch end up running Disney?
  1. More World’s largest entertainment company in talks to buy Fox assets
07 December 2017 - Global shipping outlook stays negative - Fitch
  1. More The outlook for the global shipping industry remains negative, Fitch Ratings said, adding that it does not expect a material improvement in market fundamentals in 2018 due to lingering overcapacity
07 December 2017 - Time to maximise the window of opportunity afforded by China, but be selective: State Street Global Advisors
  1. More Global investors should give attention to China as it offers compelling opportunities
07 December 2017 - Economic activity in Asia-Pacific to hold up in 2018: Fitch
  1. More Economic activity in Asia-Pacific (APAC) is expected to hold up next year on strong domestic demand and rising volumes of world trade, says Fitch Ratings
07 December 2017 - Move over tech; Southeast Asian builders come in focus in 2018 Bloomberg
  1. More With at least US$323 billion in infrastructure spending in the pipeline in Southeast Asia and potentially more expected over the next few years, 2018 could well shape up as the year of builders’ stocks from Indonesia to the Philippines that have been the laggards in a broader market rally this year
07 December 2017 - General Electric to cut 4,500 jobs in Europe
  1. More General Electric Co plans to cut 4,500 jobs in Europe, the first numbers to emerge on layoffs from the US industrial conglomerate since it outlined plans to restructure and shed units last month
07 December 2017 - South Korea increases corporate tax
  1. More South Korea raised the income tax rate for the nation's highest earning companies as President Moon Jae-in seeks to fulfill his vows to fight inequality and create jobs
07 December 2017 - Unilever: Global brands losing marketing sway
  1. More Technology makes it easier for local products to compete internationally, says president-director
07 December 2017 - Singapore gets greyer
  1. More Nation faces though economic challenge as elderly starts to crowd out youth, says UOB economist
06 December 2017 - Internet makes up third of GDP
  1. More ‘Open’ digital economy reached RM14 trillion in 2016
06 December 2017 - India to overhaul tax assessment, investigation process for top firms
  1. More India plans to overhaul its tax assessment and investigations process for the nation's top 500 companies as part of Prime Minister Narendra Modi's endeavour to improve ease of doing business in Asia's third largest economy
06 December 2017 - India raises incentives by more than a third
  1. More India has announced incentives worth 84.5 billion rupees (US$131mil) as it seeks to double overseas shipments by 2020 amid slowing trade as well as help exporters tide over a chaotic roll out of the new sales tax
06 December 2017 - China plans EV incentive extension
  1. More Surge in demand has attracted huge foreign investments
05 December 2017 - Iran opens US$1b port extension
  1. More Iran opened on Sunday a US$ 1 billion extension of its southern Chabahar port which Tehran hopes will help the country become a key transit route to land-locked Afghanistan and Central Asia
01 December 2017 - China's Nov PMI rises to 51.8
  1. More Growth in China's manufacturing sector unexpectedly picked up last month, despite a crackdown on air pollution and a cooling property market that have been widely expected to widely expected to weight on the world's second largest economy
30 November 2017 - Microsoft plans campus overhaul
  1. More Move to keep up with hiring growth, open-space trends
30 November 2017 - Philippine investments fastest in S-E Asia
  1. More Capital investment in the Philippines is surging past the rest of Southeast Asia as the government and firms ramp up spending
28 November 2017 - Oil supply demand now in balance
  1. More Global inventories declining and helping prices to improve, says Aramco CEO

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Last Updated : Monday 22nd January 2018