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Business 16 Mar 2019 | 12:00 AM

Don’t let a China trade deal kill the US campaign against Huawei

THE US-led campaign against Huawei Technologies Co, China’s telecom giant, has attracted a lot of attention for the indictment of the company’s chief financial officer, Meng Wanzhou. On Thursday, Huawei’s lawyers pleaded not guilty in a New York federal court to 13 counts of fraud involving an elaborate scheme to violate US sanctions against Iran.

Markets 15 Mar 2019 | 1:12 AM

Asian stocks higher on Brexit reprieve but trade concerns limit gains

TOKYO: Asian stocks made modest gains on Friday, tracking improved global sentiment after UK lawmakers voted to delay Brexit and as a weaker yen supported Japanese shares, but a fresh flare up in U.S.-China trade concerns is expected to cap gains.

Corporate News 20 Feb 2019 | 10:53 PM

Oil near 2019 highs amid Opec cuts, sanctions on Iran and Venezuela(Update)

SINGAPORE: Oil prices hovered just below 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran.

Markets 20 Feb 2019 | 10:46 PM

Global stocks rise on US-China trade hopes

NEW YORK: An index of stocks across the globe hit a more than four-month high on Wednesday on hopes for progress in trade talks between the United States and China, and a supportive backdrop from major central banks also helped push risk assets higher

Markets 20 Feb 2019 | 1:05 AM

Asia stocks up slightly, eyes on US-China talks, Fed minutes

TOKYO: Asian stocks gained a tad on Wednesday after U.S-China trade talks resumed while investors awaited minutes from the U.S. Federal Reserve for clues on policymakers' thinking on interest rates and its balance sheet reduction policy.

Economy 01 Feb 2019 | 1:05 AM

Trump says trade deal hinges on Xi meeting

WASHINGTON: President Donald Trump said he may soon meet with China’s Xi Jinping to finalize details of a possible trade deal as he declared negotiations in Washington were making progress.

Markets 08 Jan 2019 | 10:47 PM

Oil prices surge on hopes of successful US-China trade talks(Update 2)

SINGAPORE: Oil prices rose on Wednesday, extending gains from the previous session on hopes that Washington and Beijing can resolve a trade dispute that has triggered a global economic slowdown

Markets 08 Jan 2019 | 10:31 PM

Apple, Facebook propel Wall St. to 3-week peak

NEW YORK: The S&P 500 jumped to a three-week high on Tuesday, led by Apple, Amazon, Facebook and industrial shares on bets that the United States and China would strike a deal to end their trade war.

Corporate News 30 Nov 2018 | 12:00 AM

Indonesia consumers enjoy cheap loans even after rate hikes

JAKARTA: Indonesia’s central bank raised interest rates six times this year, yet consumer lending rates are still falling in South-East Asia’s biggest economy.

Investment 13 Nov 2018 | 12:00 AM

How one family built an US$8bil startup far from Silicon Valley

SAN FRANCISCO: The tech industry’s newest billionaires are a pair of brothers who started a software company in their parents’ basement in Utah. Now Ryan and Jared Smith are selling Qualtrics International Inc to European giant SAP SE for US$8bil – and they’ll get to keep running the business.