US pitches arms sales at Asia’s biggest air showSINGAPORE: The top US diplomat overseeing arms sales said Wednesday she sees keen interest in American weaponry in Asia, where China's military footprint and political influence are surging. Ambassado...
Asian markets suffer as rebound from rout stuttersA rebound across Asian markets ran out of steam Wednesday, with most falling back into the red and extending the previous day's hammering. Traders had started the day on a bright note as they took the...
More Americans hold stocks, for better or for worseNEW YORK: A plunge in stock prices always stings, but this recent one dug deeper because more Americans are participating in the market, particularly older ones. Slightly more than half of all US fami...
Samsung to begin investing in new domestic memory chip line: YonhapSEOUL: Samsung Electronics Co Ltd has decided to begin investment to build a second memory chip line at its Pyeongtaek production facilities in South Korea, Yonhap news agency reported on Wednesday. C...
Japan’s SoftBank aims to list domestic telecoms unit this yearTOKYO: SoftBank Group Corp said on Wednesday that it wants to list its Japanese telecoms unit this year as CEO Masayoshi Son moves to complete the transformation of the company he founded from domesti...
China’s Didi sets up electric car-sharing platformBEIJING/SHANGHAI: Chinese ride-hailing giant Didi Chuxing is setting up an electric car sharing service with 12 automakers, including BYD Co Ltd, local partners of Ford Motor Co and the Renault-Nissan...