South Korea regulators step up pressure on Samsung over complex ownership structureSouth Korean regulators turned up the heat on Samsung Group [SAGR.UL] over its complex ownership structure, with the country's antitrust chief saying on Thursday the arrangement for control at the nat...
Balancing act: software giant SAP navigates Russian risksMost Western technology companies are losing ground in Russia under the weight of restrictive rules and mounting local competition. Germany's SAP is thriving. SAP is the clear leader in the Russian bu...
Philippine economic growth surges, fuelling rate hike talkThe Philippine economy was one of Asia's best performers in the first quarter of 2018, data showed Thursday, but the strong growth has fuelled speculation the central bank will be forced to lift inter...
General Motors, Seoul agree to $7 bn bailout for S Korea unitUS auto giant General Motors and Seoul have agreed on a multi-billion-dollar bailout for the firm's troubled South Korean unit, a government minister said Thursday. GM is the largest US automaker and...
BT to cut 13,000 jobs in biggest cull in a decadeBT will cut 13,000 managerial and back-office jobs and move to a smaller London base in the latest attempt by the boss of Britain's biggest telecoms group to rebuild from an accounting scandal and dow...
Mahathir’s shock Malaysian election win raises populist economics spectreMahathir Mohamad's shock Malaysian election win has raised concerns his populist promises could undermine economic prospects at an increasingly challenging time for emerging markets, despite hopes els...
Japan’s Panasonic sees 12 percent profit increase, driven by EV battery salesJapanese electronics conglomerate Panasonic Corp <6752.T> said on Thursday it expects operating profit to increase 11.7 percent in the year through March 2018 as sales of automotive batteries ex...