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Business 29 Jul 2019 | 12:00 AM

All countries, including Malaysia, losing in US-China trade war

THE International Monetary Fund (IMF) may have identified China as having more to lose in the US-China trade war, but the real loser is the world which has become economically more dependent on China.

Business 24 Jul 2019 | 12:00 AM

Australia pension funds merger to create US$84bil firm

MELBOURNE: Two of Australia’s biggest pension funds have agreed to a merger that would create a retirement-savings giant with more than A$120bil (US$84bil) in assets under management.

Business 23 Jul 2019 | 6:46 AM

Merger creates Australia's second-largest pension fund

SYDNEY: First State Super and VicSuper said on Tuesday they have signed a binding deal to merge, creating Australia's second-largest pension fund as regulatory pressure drives consolidation.

Business 23 Jul 2019 | 12:00 AM

Asahi suffers US$2bil hangover

TOKYO: Asahi Group Holdings Ltd is already getting a headache from its US$11bil Australian foray.

SMEBiz 22 Jul 2019 | 12:00 AM

Forget synthetic meat, lab grown dairy is here

THE search for sustainable, healthy alternatives to meat currently has two paths: the meat-mimicking veggie burger and lab-grown proteins. But in the land of dairy, there’s only plant-based alternatives like cashew “butter” and almond milk.

Business 19 Jul 2019 | 6:53 AM

AB InBev sells Australia unit to Asahi for US$11.3b

TOKYO: Anheuser-Busch InBev NV agreed to sell its Australian operations to Asahi Group Holdings Ltd. for an enterprise value of A$16 billion ($11.3 billion), and the Belgian company said it’s still considering reviving an initial public offering of its Asian subsidiary.

Business 18 Jul 2019 | 12:00 AM

Ericsson ends run of earnings beats with Asia warning

STOCKHOLM: Ericsson AB posted earnings that missed analyst estimates for the first time in six quarters and warned its rollout of 5G mobile networks in Asia would weigh on profits, in a rare setback to chief executive officer Borje Ekholm’s turnaround efforts.

So Aunty, So What? 17 Jul 2019 | 12:00 AM

My life as I never knew it

WHAT day is it? Oh yes, it’s Wednesday because my column comes out on that day. But I am writing this on Monday, which is what I usually do as part of my routine.

Business 16 Jul 2019 | 12:00 AM

Why Budweiser and bankers failed to sell IPO

London: For months, executives from Anheuser-Busch InBev NV raced to prepare for a listing of its Asian subsidiary, Budweiser Brewing Company APAC Ltd.

Business 16 Jul 2019 | 12:00 AM

Nervous HK millionaires are moving their cash to Singapore

SINGAPORE: Private bankers are being flooded with inquiries from investors in Hong Kong who are worried about the long term effects of the political crisis in the Chinese city.