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Business 03 Apr 2014 | 10:02 AM

Singapore probes Blumont, LionGold, Asiasons

SINGAPORE: Singapore's police force and central bank are investigating suspected trading irregularities in companies at the centre of a penny-stock crash last year, the Monetary Authority of Singapore said late on Wednesday.

Business 16 Sep 2011 | 12:00 AM

Lawsuit: HP execs misled investors before August stock crash

NEW YORK: (Reuters) - Hewlett-Packard Co and top executives misled investors for months before unveiling a series of major decisions, such as the demise of the TouchPad, that hammered its shares, a shareholder alleged in a proposed class-action lawsuit filed this week.

Business 19 Mar 2010 | 12:00 AM

Japan police recommend charges in Prius crash

TOKYO: Japanese police are recommending charges against a driver who says his Toyota Prius crashed because of brake failure after an analysis of data from the car showed no defects.

Business 27 Feb 2010 | 12:00 AM

Lawmaker: Toyota withheld crash lawsuit evidence

WASHINGTON: A congressman said Friday that internal Toyota documents show the automaker deliberately withheld key vehicle design and testing evidence in lawsuits filed by Toyota drivers injured in crashes.hr noshade size=-1 width=50%>

Business 28 Dec 2009 | 12:00 AM

US stocks: Failed attack likely won't crash airline stocks

NEW YORK: Two weekend security incidents aren't expected to have much effect on airline stocks. Investors instead are likely to focus on an improving economy when trading resumes Monday.hr noshade size=-1 width=50%>

Business 20 Oct 2012 | 12:00 AM

GE, McDonald's give Wall Street a black eye on '87 crash date

NEW YORK: Stocks ended the week on Friday with their worst day since late June after Dow components General Electric and McDonald's, both barometers of the overall economy's health, added to a disappointing earnings season.

Business 31 Mar 2014 | 6:22 AM

US lawmakers see no evidence of terrorism in Malaysia jet crash

WASHINGTON: U.S. lawmakers on Sunday said investigators had found no evidence thus far pointing to terrorism in the disappearance of Malaysia Airlines Flight MH370 three weeks ago, and that it was critical to find the plane to understand what happened on board.

Business 30 Apr 2014 | 8:14 AM

Singapore's Blumont says police probing acquisitions

SINGAPORE: Singapore-listed diversified firm Blumont Group Ltd said the police were probing its acquisitions as part of an investigation into the company following a penny-stock crash last year.

Business 18 Jul 2014 | 6:29 PM

State support for MAS grows more urgent after Ukraine crash

SINGAPORE: The second fatal incident involving Malaysia Airlines (MAS) in four months will deepen the slump in ticket sales and force the government to speed up any plan to rescue the stricken flagship carrier, bankers say.

Markets 18 Jul 2014 | 5:51 PM

KLCI closes 10 points lower as MH17 crash weighs

KUALA LUMPUR: Malaysia's key stock index fell more than 10 points in heavy trading on Friday, mirroring the weaker regional and European markets on worries about rising geopolitical worries after Malaysia Airlines' MH17 was shot down.