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Technology 10 Sep 2018 | 1:52 AM Premium

The 5G race: China and US battle to control world’s fastest wireless Internet

At stake are billions of dollars in royalties, a head start in developing new technologies and national security

Auto 12 Aug 2018 | 10:46 PM

Saudi Arabia's PIF has shown no interest in bankrolling US$72bil Tesla buyout

DUBAI/RIYADH/LONDON: Saudi Arabia's Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc CEO Elon Musk's proposed US$72 billion deal to take the U.S. electric car maker private, despite acquiring a minority stake in the company this year, two sources familiar with the matter said.

Corporate News 07 Aug 2018 | 10:54 PM

Elon Musk considers a private Tesla, shares jump

SAN FRANCISCO: Chief Executive Elon Musk said on Tuesday he is considering taking Tesla Inc private in what would be the largest deal of its type, moving the electric car maker out of the glare of Wall Street as it goes through a period of rapid growth under tight financial constraints.

Markets 07 Aug 2018 | 10:26 PM

Global, US stocks rise on China boost, S&P 500 nears record

NEW YORK: Equity markets around the world neared a six-month high on Tuesday, buoyed by a rebound in Chinese stocks and an earnings-driven surge on Wall Street, while oil prices rose on concerns U.S. sanctions against Iran could cause supply shortages.

Business 14 Jul 2018 | 12:00 AM

Mishimoto-san docked half day’s pay for early lunch

OUR Prime Minister wants us to look East. Civil servants aren’t so sure. Every time they look towards Japan, they feel worried.

Investment 04 Jun 2018 | 12:00 AM

Risks for healthcare investors

NEW YORK: If 2016 is any guide, pharmaceutical, biotech and other healthcare stocks could be in for a rough summer and fall heading into another round of US elections.

Corporate News 19 Mar 2018 | 12:00 AM

Decades-long apprenticeship of Li Ka-shing's son is finally over

HONG KONG: It’s not easy being the son of a superhuman action hero.