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Business 13 May 2019 | 12:00 AM

Asian economies set to dominate 7% growth club during 2020s

SINGAPORE: The 2020s are set to be the Asian decade, with the continent dominating an exclusive list of economies expected to sustain growth rates of around 7%.

Business 13 May 2019 | 11:16 PM

Bitcoin tops US$8,000 as it hits highest since July 2018

NEW YORK: Bitcoin surged to more than US$8,000 late on Monday, its highest level since July last year, as the cryptocurrency's rally gained further momentum.

Business 14 May 2019 | 12:00 AM

Global auto supplier Bosch goes for platinum-light fuel cells

LONDON: Global automotive supplier Bosch expects platinum to play only a minor role in its new fuel cells, giving precious metal markets scant benefit even as the technology gains momentum for pollution-free transport.

Business 16 May 2019 | 12:19 AM Premium

US targets Huawei as It seeks to revive China trade talks

Trump administration restricts telecom giant, says it wants to resume trade negotiations

Business 16 May 2019 | 2:27 AM

Metal 'rabbit' sold for US$91mil

A 1986 "Rabbit" sculpture by American pop artist Jeff Koons sold for US$91.1 million in New York on Wednesday, a record price for a work by a living artist, Christie's auction house said.

Business 17 May 2019 | 12:00 AM

UK banks to face grilling over gender pay gaps

LONDON: Gender pay reporting requirements rolled out in the UK in 2018 revealed that at most organisations, women earn a lot less than men – largely because they struggle to climb the corporate ladder. This year’s data showed little has changed, and even some backsliding.

Business 17 May 2019 | 3:42 AM

Trump's business earnings decline 6.9% to US$421m

WASHINGTON: President Donald Trump appears to have earned less from his vast financial empire last year as licensing royalties, rents and golf revenues fell at some properties, his financial disclosure shows.

Business 20 May 2019 | 12:00 AM

Elsoft to make embedded controllers for test equipment

GEORGE TOWN: Elsoft Research Bhd is diversifying into the production of embedded controllers for medical instruments and automated test equipment for infrared and laser devices.

Business 21 May 2019 | 12:00 AM

PwC identifies high growth areas

KUALA LUMPUR: High-tech manufacturing, consumer goods and infrastructure are three areas of potential high growth in the next few years, said PwC Growth Markets Centre leader and partner David Wijeratne.

Business 24 May 2019 | 12:00 AM

Hong Kong’s longest-serving CEO steps down as sons take over

HONG KONG: David Li, the longest-serving chief executive officer of a major Hong Kong-listed company, is stepping down from the top position at Bank of East Asia Ltd after a 38-year run.