Thai Union Frozen to buy North American tuna firm Bumble Bee for $2 billion
BANGKOK - Thai Union Frozen Products PCL (TUF.BK), the world's largest canned tuna producer, said on Friday it has signed an agreement to acquire 100 per cent of North American tuna company Bumble Bee...
View ArticleRussian ruble weakens as traders see no major measures in Putin speech
MOSCOW - The ruble weakened against the dollar and euro on Thursday with traders saying President Vladimir Putin had so far offered no concrete measures to pull Russia out of a crisis at his...
View ArticleChina FX regulator says closely monitoring Russian rouble slide
BEIJING - China is closely monitoring the slide in the Russian rouble, the foreign exchange regulator said on Thursday, as the currency of one of its major energy importers struggles to avoid a...
View ArticleChina's JD.com to sell Gap clothing, vying with Alibaba to woo Western...
BEIJING - China's JD.com Inc (JD.O) has partnered Gap Inc (GPS.N) to sell the US clothing retailer's apparel online in China, as the Beijing-based e-commerce company goes head to head with Alibaba...
View ArticleGM, JLR suspend car deliveries to Russian dealers
HAMBURG/PARIS - Carmakers including General Motors (GM.N) and Jaguar Land Rover (TAMO.NS) have stopped delivering to Russian dealerships in response to the sharp slide in the value of the rouble.The...
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He came here as a technician, now he's boss of 70
Sincerity is a powerful signature in the life of Mr Gopal Balakrishnan. That's always the first impression the managing director of A-Star Testing & Inspection wants to create to whoever he meets....
View ArticleApple co-founder Wozniak sceptical on smartwatches, Google Glass
SYDNEY - Steve Wozniak says he is no fan of smartwatches and believes Google Glass will fail as he cautioned not to expect the company he co-founded, Apple, to always lead the way into new...
View ArticleApple suppliers accused of poor treatment of workers
LONDON - Workers in Chinese factories making Apple products are poorly treated, with exhausted employees falling asleep on their 12-hour shifts, British broadcaster the BBC found in an investigation...
View ArticleBoJ strikes more upbeat view on economy, holds off fresh measures
TOKYO - The Bank of Japan on Friday struck a slightly more upbeat view of the world's number three economy, saying exports were showing signs of picking up while factory output has started to "bottom...
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Takata CEO, in letter, pledges cooperation in air bag probe
Japanese air bag maker Takata Corp., criticized by US lawmakers and regulators over its handling of recalls of faulty air bags, issued an open letter pledging cooperation with regulators and auto...
View ArticleOil rallies above $78.90 heads for 4th weekly decline on glut
Brent crude oil rose above US$60 (S$78.90) a barrel on Friday, recovering from near a 5-1/2-year low as investors squared books ahead of the year-end festive break after six months of falling prices....
View ArticleGIC to cut stake in HKBN listing
HKBN Ltd, the second-largest broadband Internet provider in Hong Kong, filed late on Friday for an initial public offering, with shareholders including private equity firm CVC Capital Partners Ltd set...
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Rouble crisis spells both trouble and opportunity
Two Singapore firms with deep links to Russia find themselves in strikingly different positions as they try to weather the currency storm besetting the country.The rouble has been in free fall for the...
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7 things you should never say to your boss
No matter how cool your boss might seem, there are just some things you really shouldn't say to her … Here are seven of them.1. That's not possible.But mi amigo, it is possible. You're just out of the...
View ArticleMalaysia's squeezed middle
Lau (not her full name) is a real estate agent earning just under RM100,000 (S$37, 874) per year, which puts her at the upper end of the middle class.But as a 40-year-old single supporting her...
View ArticleMerry time for online retailers
As Christmas nears, more shoppers across Asia are sending their yuan, yen, won or ringgit across borders, often choosing to buy their presents abroad through websites, rather than paying expensive...
View ArticleSingapore's PSA to jointly build Jakarta terminal
SINGAPORE - Singapore's port operator PSA International has joined hands with Indonesia's largest port operator and two Japanese companies to build and operate a container terminal in the Indonesian...
View ArticleDutch car maker Spyker declares bankruptcy
THE HAGUE - Sports car maker Spyker on Thursday declared bankruptcy, with the small Dutch company that once competed in Formula 1 saying it could not stay afloat after losing a critical legal...
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