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Auto 22 Jul 2017 | 3:20 PM

Australian man dies in faulty air bag crash

SYDNEY: An Australian man who died in a Sydney car crash may be the 18th death linked to faulty Takata air bags, after police said he was killed when hit in the neck by shrapnel from an air bag.

Corporate News 23 Jun 2017 | 9:08 AM

China metes out $100m punishment to Russian-controlled fund for role in 2015 crash

SHANGHAI: A Chinese court meted out a nearly 700 million yuan ($102.4 million) punishment to a Russian-controlled high-frequency trading firm for futures market manipulation on Friday, drawing a line under one of the most high-profile cases of misconduct Beijing blames for contributing to the 2015 stock market crash.

Commodities 08 Dec 2015 | 9:39 AM

Commodities crash pushes Anglo American to deepen overhaul

LONDON: Global mining giant Anglo American announced Tuesday a “radical” restructuring of the company, writing off billions of dollars in the process, as commodity prices crash on world markets.

Business 03 Sep 2012 | 12:00 AM

London luxury home market risks price crash

LONDON: Developers rushing to build top-quality London homes to cash in on strong overseas demand are in danger of being stung by a price crash as they flood the market, property consultancy EC Harris said.

Business 03 Apr 2014 | 4:58 PM

S'pore probes companies at centre of penny stock crash

SINGAPORE: Singapore's police force and central bank are looking into suspected trading irregularities in three companies at the centre of last year's penny-stock crash that led to a sharp fall in trading volume in the city-state's equity market.

Business 16 Jul 2019 | 12:00 AM

SGX seeks price limits on stock auctions after US$41bil flash crash

SINGAPORE: Singapore Exchange’s (SGX) regulatory unit is proposing imposing price limits for daily stock auctions to prevent incidents such as the US$41bil flash crash in January that briefly roiled shares in conglomerate Jardine Matheson.

Business 26 Feb 2014 | 1:07 PM

Asiana fined US$500,000 for slow aid to crash families

U.S. regulators fined Asiana Airlines Inc US$500,000 on Tuesday for failing to assist the families of passengers on a flight that crashed in San Francisco in July in which three people were killed and more than 180 injured.

Business 30 Jan 2008 | 12:00 AM

Lessons from the 1987 market crash

Investors need to be cautions and hold more cash because cash is king when the market is down.

Auto 30 Jan 2018 | 3:51 AM

Honda confirms Takata airbag inflator ruptured in crash

KUALA LUMPUR: Honda has confirmed that the Takata single stage (SDI) driver’s airbag inflator ruptured in a crash on Jan 1, 2018 in Malaysia.