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World

Haiti mourns its dead, govt ends rescue operation

PORT-AU-PRINCE (Reuters) - Haiti mourned its dead on Saturday and hundreds gathered in the ruins of a wrecked Catholic cathedral to honor an archbishop and other victims killed in last week's earthquake as the government ended search-and-rescue operations.

World

Haitians clamor for food as two more rescued alive

PORT-AU-PRINCE (Reuters) - Rescuers pulled two barely alive survivors from the rubble of Port-au-Prince on Friday as hungry and homeless Haitians clamored for food, which was slow in arriving 10 days after the massive earthquake.

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Aloft Kuala Lumpur Sentral Hotel's distinct features aim to attract Gen Y travellers

ALOFT Kuala Lumpur Sentral, the biggest hotel in the Aloft chain of hotels, is looking to bring back the bang in the four-star hotel segment here with its niche concept that caters to the next generation of travellers.

Business

China launches Nasdaq-style tech board in Shanghai, expects challenges

SHANGHAI: China on Thursday officially launched Shanghai's Nasdaq-style tech board, with the country's top securities regulator cautioning that the hotly-anticipated STAR Market will face various challenges initially.

Business

Firms set prices for IPOs on China’s Nasdaq-style tech board

SHANGHAI: Nine Chinese companies, among the first to float on China’s red-hot Nasdaq-style tech board, announced prices of their new share offers yesterday, taking advantage of investor fervour to market themselves at valuations some view as lofty.

Business

China shares fall as June producer prices fuel growth, deflation fears

SHANGHAI: Chinese shares fell on Wednesday as flat producer price inflation fuelled concerns about domestic growth, and a flood of initial public offerings targeting Shanghai’s new tech board diverted funds from the rest of the market.

Business

Companies surge on day one of trade on China's own Nasdaq style market

SHANGHAI: China's new Nasdaq-style board for homegrown technology firms started trading on Monday, with most of the stocks surging in their debut.

Business

Trading frenzy grips China’s new market

SHANGHAI: They propelled a little-known semiconductor manufacturer to a 521% surge, traded a mid-sized railway company 13 times more feverishly than the world’s largest bank and valued a chipmaking-gear producer at an eye-watering 730 times earnings.

Business

Top investors lose $1bil as China's Nasdaq-style board reverses on day 2

SHANGHAI: The biggest shareholders in China's new Nasdaq-style STAR Market lost a combined $1 billion in the second day of trade on Tuesday, a day after the board's roaring debut created three new billionaires.