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AseanPlus News 07 Nov 2018 | 12:00 AM

Police colonel on Duterte’s drug list dies in shootout

MANILA: A police colonel on Philip­pine President Rodrigo Duterte’s wanted list for alleged drug links was killed in a shootout with police during an anti-drug operation, a senior police official said.

AseanPlus News 07 Nov 2018 | 12:00 AM

Data from Lion Air black box showed problems in four previous flights

JAKARTA: Indonesian accident investigators said an airspeed indicator of a Boeing Co 737 MAX plane that crashed last week was damaged for its last four flights, but US authorities responded cautiously to suggestions of fleet-wide checks.

AseanPlus News 07 Nov 2018 | 12:00 AM

Female pilots to spread wings

SHANGHAI: When Han Siyuan first decided to apply for a job as a pilot cadet in 2008, she was up against 400 female classmates in China on tests measuring everything from their command of English to the length of their legs.

Business 07 Nov 2018 | 12:00 AM

China ready for US talks

SINGAPORE: China is ready to hold discussions and work with the United States to resolve trade disputes because the world’s two largest economies stand to lose from confrontation, vice-president Wang Qishan said.

Auto 07 Nov 2018 | 12:00 AM

Toyota lifts full-year profit forecast on weaker yen

TOKYO: Toyota Motor Corp raised its forecast for full-year operating profit by 4.3% as it expects a boost from a weaker yen, after ongoing sales growth in Asia and Europe lifted profit in the July-September quarter.

Business 07 Nov 2018 | 12:00 AM

Iran oil exports to plummet, but rebound on the way as buyers use waivers

SINGAPORE: Iran’s oil exports have fallen sharply since US President Donald Trump said at mid-year he would re-impose sanctions on Tehran, but with waivers in hand, the Middle Eastern nation’s major buyers could scale up orders as soon as next month.

Business 07 Nov 2018 | 12:00 AM

Apple Asia suppliers fall on production boost halt

SINGAPORE: Apple Inc’s Asian supplier and assembler stocks fell on a media report that the iPhone maker had told its smartphone assemblers to halt plans for additional production lines dedicated to its new iPhone XR.

Markets 07 Nov 2018 | 12:27 AM

Wall St gains as investors look to US elections

NEW YORK: Wall Street's major indexes closed higher on Tuesday as voters headed to the polls in U.S. midterm congressional elections and investors hoped the result would provide some relief for stocks after prolonged uncertainty.

Corporate News 07 Nov 2018 | 12:34 AM

Hyundai raises Southeast Asia bet with second investment in Grab

SEOUL/SINGAPORE: Hyundai Motor Co has raised its stakes in growing Southeast Asian markets with a $250 million investment in Singapore's Grab, its second in the ride-hailing firm, as it chases rivals in the race for new-age transportation.

Markets 07 Nov 2018 | 1:17 AM

Wall Street futures, Asia stocks fall as US elections trickle in

TOKYO: Wall Street stock futures and Asian shares dropped on Wednesday as early results of the U.S. midterm elections started to trickle in, with investors bracing for the Republicans to lose their grip on Congress.