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Business 24 Jan 2017 | 12:37 AM

Breakfast briefing: Tuesday, January 24 (update)

Breakfast briefing: Tuesday, January 24

Corporate News 24 Jan 2017 | 12:13 AM

LG Display reports record Q4 profits

SEOUL: South Korea's LG Display Co Ltd said on Tuesday its fourth-quarter operating profit nearly doubled from a year earlier to its quarterly record due to a pickup in panel prices.

Corporate News 24 Jan 2017 | 12:06 AM

US blocks health insurer Aetna's $34 bln Humana acquisition

NEW YORK: A U.S. judge blocked on Monday health insurer Aetna Inc's proposed $34 billion acquisition of smaller peer Humana Inc, raising the stakes for rival Anthem Inc as it battles to close a $54 billion deal to buy Cigna Corp.

Business 24 Jan 2017 | 12:00 AM

Blockchain dreamers will have a rude awakening in 2017

LONDON: The finance world’s attempt to build a white-collar version of blockchain – the shared-ledger technology that underpins rebellious virtual currencies such as bitcoin – has generated Silicon Valley quantities of buzz. There hasn’t been much genuine risk-taking, though, nor have we seen much of a result.

Business 24 Jan 2017 | 12:00 AM

Singapore Dec CPI up for first time in 2 years

SINGAPORE: Singapore’s annual headline consumer price index (CPI) in December rose for the first time in more than two years, but weak consumption and a subdued labour market suggest that inflation will remain modest for some time.

Business 24 Jan 2017 | 12:00 AM

Japan threatens to take India to WTO over steel duties

TOKYO: Japan is threatening to take India to the WTO over restrictions that nearly halved its steel exports to the South Asian nation over the past year, a step that could trigger more trade spats as global tensions over steel and other commodities run high.

Business 24 Jan 2017 | 12:00 AM

LG Display reaches LCD panel supply pact with Samsung

Agreement between the two will be first for the long-time rivals

Business 24 Jan 2017 | 12:00 AM

Foxconn thinking of investing US$7bil for display plant in US

TAIPEI: Foxconn, the world’s largest contract electronics maker, is considering setting up a display-making plant in the US in an investment that would exceed US$7bil, company chairman and chief executive Terry Gou said.

Business 24 Jan 2017 | 12:00 AM

Keeping our faces to the sunshine

WHEN Pemandu started work on the National Transformation Programme (NTP) in 2009, we had two general sentiments beating down our front door – measured optimism and pure cynicism.

Business 24 Jan 2017 | 12:00 AM

TMC Life aims for income rise from foreign medical tourism

PETALING JAYA: Healthcare provider, TMC Life Sciences Bhd, aims to increase its income from foreign medical tourism to 25% by 2020 from 10%.