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Business 30 Mar 2016 | 12:00 AM

Arun Bhatia sells AirAsia India stake to Tata Sons

PETALING JAYA: Arun Bhatia, who sparked concerns over the control and shareholding of AirAsia India recently, has finally inked a deal to get out of the venture, while one of India’s biggest conglomerates, Tata Sons, is raising its stake in the airline.

Corporate News 07 Apr 2016 | 6:46 AM

Mega deals morph into mega problems for Wall Street

If 2015 was a dream year for Wall Street’s top dealmakers, 2016 is starting to take a nightmarish turn. The move by the Obama administration to suddenly change the rules has sent a chilling message to dealmakers and comes on top of a number of legal challenges to big transactions. The political uncertainty and antitrust concerns mean that firms will think twice about future tie-ups that consolidate industries and move tax dollars offshore.

Corporate News 14 May 2016 | 12:00 AM

Dousing the fires of intolerance

AS I write this today. I can’t help but note that it’s a Friday, specifically May the 13th, 2016.

Business 11 Jun 2016 | 12:00 AM

Trump-obsessed CEOs ask non-stop: ‘Can he be president?’

STEVE Schwarzman, CEO of Blackstone Group LP, who recently returned from South Korea offers a polite answer to the question everyone keeps asking: “It’s very colourful.”

Business 08 Oct 2016 | 12:00 AM

Bank clampdown dims allure of scandal-hit Baltic haven

RIGA (Latvia): Many Latvians got a shock this summer when they were informed their bank accounts risked being blocked if they didn’t hand over details of their citizenship, financial plans and any ties to high-level politics.

Business 21 Jan 2017 | 12:00 AM

Long-term solution to foreign labour issues

Comment - By Latifah Merican Cheong
COMMENTARIES on a coherent foreign labour policy have again emerged in the last few weeks.

Corporate News 28 Jan 2017 | 10:20 PM

Trump immigration curbs cause worldwide chaos, panic, anger

WASHINGTON: President Donald Trump's most far reaching action since taking office plunged America's immigration system into chaos on Saturday, not only for refugees but for legal U.S. residents who were turned away at airports and feared being stranded outside the country.

Business 03 Feb 2017 | 12:00 AM

Tumultuous times for China’s tycoons – Xiao Jianhua the latest target

CHINA’S economic boom in recent decades has created a group of billionaires who amassed wealth at dazzling speed, but who are finding themselves targets in the country’s opaque political and economic system.

Economy 22 Mar 2017 | 12:00 AM

CSR activities beneficial to society, study shows

KUALA LUMPUR: Consumers believe that corporate citizenship or corporate social responsibility (CSR) activities are genuinely beneficial and expect corporations to actively contribute to society’s well-being, a recent study showed

Business 05 Apr 2017 | 12:00 AM

Trump cracks down on visa programme

NEW YORK: The US administration began to deliver on President Donald Trump’s campaign promise to crack down on a work visa programme that channels thousands of skilled overseas workers to companies across the technology industry