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Business 26 Jun 2019 | 12:00 AM

CEO: Saudi Aramco has capacity to meet demand

SEOUL: Saudi Aramco is concerned at recent actions in the Gulf but can meet its customers’ needs thanks to its experience and the availability of additional spare capacity, its chief executive said.

Banking 30 Mar 2019 | 12:00 AM

Bankers in Asia bet on follow-on capital raising

BANKERS in Asia are betting on newly-listed companies returning to the markets for fresh capital as last year’s flood of initial public offerings (IPOs) slows to a trickle, with 2019 seeing the weakest start in equity sales in three years.

Business 21 Mar 2019 | 12:00 AM

Khazanah considers closing London office

KUALA LUMPUR: Khazanah Nasional Bhd, Malaysia’s sovereign wealth fund, is considering closing its London office to cut operating costs as uncertainty over the United Kingdom’s exit from the European Union (EU) looms.

Football 22 Jan 2019 | 9:07 PM

UAE open to co-hosting World Cup if Qatar rift resolved: sports chief

ABU DHABI (Reuters) - United Arab Emirates sports chief Mohammed Khalfan al-Romaithi believes the Gulf nation would welcome an approach to co-host the 2022 World Cup if its deep political rift with Qatar is resolved.

Corporate News 17 Jan 2019 | 12:00 AM

Odds of a hard Brexit have these Asian companies fretting

TOKYO: The growing alarm after UK Prime Minister Theresa May’s Brexit deal suffered a defeat in parliament isn’t just unsettling for British politics. Global businesses are on edge as well.

Telcos 29 Dec 2018 | 12:00 AM

Will Huawei’s real leader please stand up

IN March, Huawei Technologies Co announced a series of management changes that went almost unnoticed.

World 21 Dec 2018 | 2:22 PM

Migrant workers' struggles push Uzbekistan to open up

SAMARKAND, Uzbekistan (Reuters) - Maksud Mahmudov was among millions of Uzbeks who left their impoverished homeland as soon as they finished school to find work in Russia. In 2014, he and others came back as the Russian economy floundered, but it took two more years to find work.

Business 29 Nov 2018 | 12:00 AM

Asian firms’ first quarterly profit drop since mid-2016

BENGALURU: Holiday-quarter profit at Asian companies is likely to drop for the first time in more than two years, following a small rise in the July-September period, as slowing exports, falling factory output and the Sino-US trade war take their toll.

Corporate News 21 Nov 2018 | 12:00 AM

Malaysia key beneficiary in US-China trade war

Report identifies potential gain from import substitution