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Business

Asia pivot helps HSBC post jump in Q3 profit

HONG KONG: HSBC signals its pivot to Asia is paying rich dividends as quarterly profits leapt five-fold, laying a foundation for its new leadership to plan for growth after a tough period of post-crisis restructuring.

Business

Lotte soars in debut on investor hopes for better returns

SEOUL: Shares in Lotte Corp, the new holding company for South Korea’s No. 5 conglomerate, soared some 45% on their debut above their issue price, bolstered by hopes for better corporate governance and shareholder returns.

World

First charges could be unsealed in U.S. special counsel's Russia probe

WASHINGTON (Reuters) - The first charges from the probe of possible Russian meddling in the 2016 U.S. presidential election could be unsealed as early as Monday and a target taken into custody, possibly marking a dramatic turn in special counsel Robert Mueller's investigation.

Business

HeiTech Padu secures Immigration’s myIMMs contract for three more years

KUALA LUMPUR: HeiTech Padu Bhd has received a further three-year contract valued at RM42.43mil to maintain and service the Immigration Department’s Malaysian Immigration System (myIMMs).

World

U.S. special counsel's Russia probe entering new phase with first charges

WASHINGTON (Reuters) - The investigation into possible Russian meddling in the 2016 U.S. presidential election will enter a new phase as early as Monday, when the first charges resulting from the probe could be unsealed and a target taken into custody.

Business

S. Korea’s Lotte Corp soars in debut on investor hopes for better returns

SEOUL: Shares in Lotte Corp, the new holding company for South Korea’s No. 5 conglomerate, soared some 45% on their debut above their issue price, bolstered by hopes for better corporate governance and shareholder returns.

Business

Asia pivot helps HSBC post jump in Q3 pre-tax profit

HONG KONG: HSBC Holdings Plc on Monday signalled its pivot to Asia was paying rich dividends as quarterly profits leapt almost five-fold, creating a foundation for its new leadership to plan for growth after a tough period of post-crisis restructuring.

Nation

Najib: Malaysia reviewing its ties with North Korea

KUALA LUMPUR: Malaysia is reviewing its ties with North Korea and is prepared to sever all connections to the state as international concern mounts over the state’s nuclear and ballistic missile testing.

AseanPlus News

Guess who will be performing for Trump when he visits Japan next week?

TOKYO: Japan will roll out its No. 1 golfer Hideki Matsuyama and a singer whose PPAP (Pen-Pineapple-Apple-Pen) song went viral last year to entertain US President Donald Trump when he visits next week.

Business

Trump focuses on choosing the next Fed chair

President promises to reveal candidate as he leans toward Powell