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Banking 04 Sep 2017 | 12:00 AM

Rajan warned Modi against demonetisation in new book

Former governor says there are better alternatives

Auto 18 Sep 2017 | 2:41 AM

GM, China JV to recall over 2.5 million vehicles over airbags

SHANGHAI: General Motors and its joint venture in China, Shanghai GM, will recall more than 2.5 million vehicles due to faulty airbag inflators, China's top quality watchdog as said.

Business 19 Sep 2017 | 12:00 AM

London’s black cabs going electric spurs aluminum restart

LONDON: London’s black cabs going electric shows the new wave of automobile technology is already reshaping the metals industry.

Corporate News 05 Oct 2017 | 10:26 PM

Caesars bankruptcy ends amid Asia market shift, Vegas shooting

CHICAGO: Caesars Entertainment Corp has an eye on expanding its Caesars, Harrah's and Horseshoe brands in the United States and abroad after its casino operating unit emerges from nearly three years of bankruptcy as soon as Friday with US$10 billion less in debt.

Advertising & Media 07 Oct 2017 | 12:00 AM

Dentsu gets only small fine for overtime breaches despite outcry

JAPAN’s Dentsu Inc was fined just 500,000 yen (US$4,400) after a Tokyo court ruled it had made employees work overtime beyond legal limits – a case that followed a high profile death from overwork at the advertising giant.

Corporate News 12 Oct 2017 | 6:21 AM

Kobe Steel CEO says data-cheating may have spread beyond Japan as govt orders probe

OKYO: Kobe Steel's CEO said on Thursday the firm's data-fabrication may have spread beyond Japan, as he was ordered by the government to report on how the misconduct occurred and address safety concerns that have sparked a scare along global supply chains.

Business 16 Oct 2017 | 3:09 PM

Daimler recalls over 1 million Mercedes cars, SUVs for air bag fix

BERLIN/WASHINGTON: Daimler AG is recalling more than 1 million Mercedes-Benz cars and sport utility vehicles worldwide to address potential unintended air bag deployments, the German automaker said on Monday.

Markets 26 Oct 2017 | 2:39 PM

Dow advances at open; Celgene holds back S&P, Nasdaq

NEW YORK: The Dow Industrials forged ahead at the open on Thursday, driven by gains across sectors, but losses in Celgene held back the two other major Wall Street indexes in one of the busiest days of third-quarter earnings.

Corporate News 26 Oct 2017 | 10:46 PM

Dow, S&P gain but Nasdaq dips as healthcare lags

NEW YORK: The Dow and S&P 500 advanced on Thursday after a round of positive corporate earnings announcements, but gains were curbed and the Nasdaq lost ground on a drop in the healthcare sector.

Economy 07 Nov 2017 | 4:21 AM

Malaysia's population up 1.3% to 32.2m end-Sept

KUALA LUMPUR: Malaysia's population increased to 32.20 million in the third quarter ended Sept 30, 2017 from a year ago, according to the Statistics Department.