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Markets 02 Aug 2018 | 1:14 AM

Asian shares face headwinds from fresh trade worries, bonds fragile

TOKYO: Asian stocks were little changed on Thursday, with sentiment fragile after the latest escalation in Sino-U.S. trade war while global bond markets were rattled by Washington's increased borrowing and Japan's new tolerance for higher yields.

Markets 02 Aug 2018 | 12:18 AM

Stocks sink amid trade war fears but Apple results cap losses

NEW YORK: Stocks fell worldwide on Wednesday on persistent fears of an escalation of the trade war between the United States and China although robust results from Apple Inc helped cap losses and the Federal Reserve left U.S. interest rates untouched.

Corporate News 02 Aug 2018 | 12:00 AM

Credit Suisse joins BofA in warning over crowding risk

NEW YORK: Hedge funds haven’t been able to quit technology stocks even as the group tumbles toward a third straight loss. The love affair may not end well, Credit Suisse warns.

AseanPlus News 02 Aug 2018 | 12:00 AM

Fossils confirmed as new dino species

Beijing: British and Chinese researchers have confirmed that fossils found in China are from an entirely new species of dinosaur that belonged to the same family as the iconic extinct giants diplodocus and brontosaurus.

Badminton 02 Aug 2018 | 12:00 AM

New pair Aaron and Wooi Yik continue fairy tale run into third round

AARON Chia-Soh Wooi Yik came to the World Championships hoping to announce their arrival on the big stage.

Markets 01 Aug 2018 | 10:29 PM

S&P, Dow edge down after Fed decision; tech boosts Nasdaq

NEW YORK: The S&P 500 and Dow slipped on Wednesday as gains in Apple shares were offset by a drop in energy and industrial companies, while the U.S. Federal Reserve remained on course for an expected interest rate hike in September

TECH 01 Aug 2018 | 8:13 AM

Beijing names new Internet watchdog as China keeps door closed to global tech giants

Zhuang Rongwen’s appointment to top job at Cyberspace Administration will make him a key point of contact for tech firms looking to do business in China.

Corporate News 01 Aug 2018 | 6:50 AM

China Tower raises US$6.9 bln in world's largest IPO in two years

HONG KONG: China Tower Corp Ltd has raised $6.9 billion after pricing its initial public offering (IPO) at the bottom of an indicative range, four people close to the deal said on Wednesday, in the world's biggest listing in two years.

TECH 01 Aug 2018 | 5:36 AM

Honor bids to extend winning streak in China with new Note 10 phone which has tablet-sized screen

Launch comes one week after research report said Huawei had extended its lead in China’s smartphone market, with strong contribution from budget Honor brand.

TECH 01 Aug 2018 | 5:03 AM

China to probe e-commerce firm Pinduoduo over reports of fake goods

Chinese regulators are investigating Pinduoduo Inc after media reports of third-party vendors selling counterfeit goods on its group-discounting marketplace, a move analysts said is likely to further batter the firm's newly listed shares.