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Nation 26 Feb 2019 | 12:00 AM

Man denies physically abusing his daughter

KUALA LUMPUR: A man pleaded not guilty to physically abusing his four-year-old daughter, causing her to suffer injuries on the body and legs.

Business 26 Feb 2019 | 12:00 AM

Chip tester UTAC taps Citigroup for US$1bil sale

SINGAPORE: UTAC Holdings Ltd, the Singapore-based chip testing firm backed by TPG, has appointed Citigroup Inc to advise on a planned sale of its business, people with knowledge of the matter said.

Business 26 Feb 2019 | 12:00 AM

India developers facing difficulty to get loans

Drying up of liquidity comes on top of years of sluggish home sales

Metro News 26 Feb 2019 | 12:00 AM

Art of nurturing empathy

IT was a fun day of painting for some 208 children who participated in a charity event to raise funds for House of Joy, a children’s home in Puchong.

Business 26 Feb 2019 | 12:00 AM

Ping An plans IPO of fintech unit at US$8bil value

HONG KONG: Ping An Insurance (Group) Co, China’s largest insurer by market value, is gearing up for an initial public offering of its OneConnect unit that could value the financial management portal at about US$8bil, according to people familiar with the matter.

Business 26 Feb 2019 | 12:00 AM

There’s a fad for corporate VCs in Japan

TOKYO: When Japan Airlines Co last month announced it was opening a US$70mil venture capital fund, it was natural for sceptics to wonder: What does an airline know about investing in startups?

Business 26 Feb 2019 | 12:00 AM

Dane makes shirts that you can wear for a week

COPENHAGEN: Startups typically create a product, find suppliers and then sell it. Kasper Brandi Petersen skipped the first step and instead built on his experience at shipping giant Maersk to help make today’s increasingly disposable fashion industry a little more sustainable.

Business 26 Feb 2019 | 12:00 AM

Uber in talks to sell India food-delivery business

BANGALORE: Less than two years after Uber Technologies Inc entered India’s competitive food-delivery business, it’s in talks to sell its Uber Eats operations in the country to rival Swiggy, according to a person familiar with the negotiations.

Business 26 Feb 2019 | 12:00 AM

Malakoff’s Alam Flora buy seen positive

PETALING JAYA: Malakoff Corp Bhd’s acquisition of Alam Flora is seen as positive by analysts as it fits into the group’s long-term aspiration of venturing into the waste-turn-energy and renewable energy sectors.

Corporate News 26 Feb 2019 | 12:00 AM

CIMB downgrades Axiata

Telco pays price for disappointing Q4 results