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Economy 29 Nov 2017 | 3:53 AM

Smartphone apps and newsfeeds weighing on productivity

SMARTPHONE apps and newsfeeds are designed to constantly grab our attention. And research suggests we’re distracted nearly 50% of the time. Could this be weighing down on productivity?

Insurance 06 Oct 2017 | 12:00 AM

Malaysian pension giants to seek insurer deal talks

KUALA LUMPUR: Malaysia’s two biggest pension funds, which manage a combined US$203bil, plan to pursue talks to buy stakes in foreign-owned insurers in the country as the government enforces caps on overseas ownership, people with knowledge of the matter said.

Investment 04 Oct 2017 | 10:02 AM

EPF, KWAP are said to pursue insurance deal talks

KUALA LUMPUR: Malaysia’s two biggest pension funds, which manage a combined RM856bil, plan to pursue talks to buy stakes in foreign-owned insurers in the country as the Government enforces caps on overseas ownership, people with knowledge of the matter said.

Auto 23 Sep 2017 | 12:00 AM

Electric cars may cause big disruption to oil industry

LONDON: It’s 10 years since Apple Inc unleashed a surge of innovation that upended the mobile phone industry. Electric cars, with a little help from ride-hailing and self driving technology, could be about to pull the same trick on Big Oil.

Telcos 21 Sep 2017 | 8:53 AM

Saudi lifting Skype, WhatsApp ban, but will censor calls

RIYADH: The Saudi government is lifting a ban on calls made through online apps on Thursday but will monitor and censor them, a government spokesman said.

Technology 12 Sep 2017 | 7:25 PM

Apple unveils iPhone X in major product launch

CUPERTINO, California: Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a redesigned product of glass and stainless steel with an edge-to-edge display that Apple chief executive Tim Cook called ”the biggest leap forward since the original iPhone.”

Banking 24 Aug 2017 | 9:23 AM

Qatar banks seek Asian, European funding as diplomatic crisis bites

DUBAI: Qatari banks are turning to Asia and Europe for funding after clients from other Arab states pulled billions of dollars from their accounts following a regional diplomatic rift.

Corporate News 17 Aug 2017 | 10:52 AM

Buyout firms readying sale of $1b Indonesia tower operator STP

SINGAPORE/JAKARTA: Buyout firms Carlyle and Southern Capital Group are in talks to sell their majority stake in Solusi Tunas Pratama in a deal that could value the Indonesian telecoms tower operator at about $1 billion, three people familiar with the process said.

Economy 30 Jul 2017 | 8:49 AM

Real estate booms in China's small cities, but construction outpaces demand

BENGBU, China: Luxury lakeside homes and high-rise condominiums are coming up fast in China's sleepy inland town of Bengbu, a clear sign that a home-buying frenzy sweeping across the country's major metropolises and provincial capitals has reached even its smaller cities.

Economy 15 Jul 2017 | 12:00 AM

Can new boss at Vanguard keep raking in cash?

TIM Buckley has just been handed the keys to the house that Bogle built. But Buckley, Vanguard Group’s new president, confronts something that founder Jack Bogle never did back in his prime: a world in which cheap market-tracking index funds are everywhere.