Asian markets struggle after latest gains, eyes on central banksAsian markets mostly fell after a recent rally as investors cashed in while also looking ahead to key central bank meetings that could provide some idea about monetary policy in the new year. Wall Str...
Bitcoin futures suggest breakneck rise in price to slowNEW YORK/LONDON: Newly launched bitcoin futures on Monday suggested that traders expect the cryptocurrency’s blistering price gains to slow in the coming months, even as it blasted above $17,000 to a...
Japan carmakers make fresh push on hydrogen stationsA consortium of Japanese auto giants on Tuesday announced plans to set up a new company next year to build more hydrogen refuelling stations, in an effort to bring fuel-cell cars into the mainstream....
Chinese auto giant to end petrol vehicle sales by 2025One of China's largest state-owned automakers has said it will phase out sales of all petrol vehicles by 2025, as Beijing considers taking all fuel-burning cars off the country's roads. Beijing Automo...
Singapore’s electric car-sharing program hits the roadSINGAPORE: Singapore launched on Tuesday its first large-scale electric car-sharing program through which the land-scarce city-state hopes to provide commuters with more transport options and steer th...
Philippine bank accuses Bangladesh of heist ‘cover-up’MANILA: The Philippines bank through which $81 million stolen from Bangladesh's central bank was channelled in February 2016 has accused Dhaka's monetary authority of covering up its negligence and de...
Amazon’s cloud unit expands in China, with new partner in NingxiaBEIJING: Amazon.com Inc said on Tuesday it was expanding its cloud computing business in China with a new local partner, aiming to win share in an increasingly crowded and highly regulated market. Ama...
France’s Unibail-Rodamco to buy Australia’s Westfield mall giantFrench property giant Unibail-Rodamco is to buy Australia's Westfield shopping mall operator in a deal to create "a global property leader", the two groups said in a statement. The deal, which values...