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Business 12 Jul 2019 | 3:18 AM

AmInvest Research retains Neutral on EMS players for H2

KUALA LUMPUR: AmInvestment Research is retaining its Neutral stance on Electronics Manufacturing Services (EMS) players for 2H19.

Corporate News 11 Dec 2018 | 6:10 AM

Huawei arrest shocks Chinese executives, Haier CEO Zhang says

SHANGHAI: The shock arrest of Huawei Technologies Co.’s chief financial officer as she switched planes in Canada is disturbing all Chinese executives, according to Zhang Ruimin, chairman and chief executive officer of household appliance maker Haier Group.

Technology 11 Jan 2018 | 12:00 AM

China insurer Ping An gains US$101bil after embracing new technology

HONG KONG: Insurance may lack the buzz and cachet enjoyed by tech companies, yet the stock of one Chinese company in the industry has kept pace handsomely with some of the highest-flying champions of the digital revolution.

Corporate News 12 May 2016 | 7:31 AM

Toshiba sees return to profit after US$6.6b operating loss

TOKYO: Japan's Toshiba Corp said it expects to post an operating profit this financial year after a US$6.6 billion loss last year on large writedowns and restructuring costs in the wake of a damaging accounting scandal.

Business 15 Mar 2016 | 8:03 AM

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Corporate News 15 Mar 2016 | 5:04 AM

Toshiba in talks to sell white goods business to Midea Group

Bengaluru: Japanese industrial conglomerate Toshiba Corp said it is in late-stage talks to sell its white goods business to Chinese household appliance giant Midea Group Co Ltd, Nikkei reported on Monday.

Short Position 01 Aug 2015 | 12:00 AM

Bleak oil price

ROYAL Dutch Shell, which reported a 37% drop in its second-quarter profits, has said that it is cutting 6,500 jobs as it prepares for a “prolonged downturn” in crude prices.

Advertising & Media 27 Oct 2014 | 12:00 AM

Panasonic to transfer Sanyo TV unit in US

TOKYO: Panasonic Corp said it is transferring its Sanyo television unit in the United States, which supplies sets to Wal-Mart Stores, to Funai Electric Co of Japan in return for annual royalty payments.