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SYDNEY: Australia’s Bega Cheese Ltd will buy the Australian dairy arm of Japanese drinks giant Kirin Holdings Co Ltd for A$560mil (US$412mil), the companies said yesterday, a 10% discount on China Mengniu Dairy Co Ltd’s offer in 2019.
SINGAPORE: The office may never reach its past heights in the post-pandemic world but the outlook for Singapore and Hong Kong offices is promising.
WASHINGTON: The Trump administration is poised to add China's top chipmaker SMIC and national offshore oil and gas producer CNOOC to a blacklist of alleged Chinese military companies, according to a document and sources, curbing their access to U.S. investors and escalating tensions with Beijing weeks before President-elect Joe Biden takes office.
KUALA LUMPUR: The follow-up action taken by the Finance Ministry (MoF) and Khazanah Nasional Bhd on the recommendations of the Parliament's Public Accounts Committee (PAC) proves that all of PAC's suggestions and findings were given due attention and not viewed lightly.
WASHINGTON: The U.S. House of Representatives is expected to pass legislation this week that could prevent some Chinese companies from listing their shares on U.S. exchanges unless they adhere to U.S. auditing standards, congressional aides said on Tuesday.
WASHINGTON: The U.S. House of Representatives passed legislation on Wednesday that could prevent some Chinese companies from listing their shares on U.S. exchanges unless they adhere to U.S. auditing standards.
LONDON: Most of England’s retailers are emerging from lockdown, with just over three weeks left until Christmas and the outlook for the industry looking far worse than before they closed their doors a month ago.
TRANSFER pricing (TP) refers to inter-company pricing arrangements for the transfer of goods, services and intangibles between associated or related persons.