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Huawei gets only partial reprieve from Trump sanctions

BEIJING: Huawei Technologies Co. Ltd got a much needed reprieve from some of the trade sanctions leveled against it by the U.S. when President Donald Trump said over the weekend he would ease restrictions on the Chinese tech giant.

Business

US: New sales to China's Huawei to cover only widely available goods

WASHINGTON: President Donald Trump's decision to allow expanded sales of U.S. technology supplies to Chinese telecommunications giant Huawei will only apply to products widely available around the world, and leave the most sensitive equipment off limits, a top White House aide said on Sunday.

Business

Are fears of ringgit weakness exaggerated?

THE first-year anniversary of Pakatan Harapan comes with a shift in the outlook of the ringgit compared to a year ago.

Business

Swiss banks an Italian target after UBS French fine

GENEVA: Italian financial police are demanding Swiss lenders disclose the names of bankers working in Italy, setting up a potential clash with regulators after UBS Group AG was hit with a record fine by French authorities.

Business

BNP Paribas hires managers as it mulls Indonesia push

SINGAPORE: BNP Paribas SA is hiring relationship managers in Asia and considering a push into more of the region’s onshore private banking markets, according to the firm’s head of wealth management for Asia Pacific.