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BUSINESS

Restoring respect

Asia focus, Nareerat Wiriyapong, Published on 07/06/2021

» Patama Chantaruck still remembers an unsettling encounter she experienced during her early days of living in the United States 28 years ago.

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BUSINESS

Meet the Hedge Fund Boss Who Just Bought Tribune's Newspapers

Business, Published on 26/05/2021

» Six weeks ago, it seemed as if hedge fund boss Heath Freeman was losing his grip on Tribune Publishing Co. But he never let go -- and now he has his prize.

BUSINESS

Hundreds of Companies, CEOs Band Together on Voting Access

Business, Published on 16/04/2021

» Hundreds of business leaders and companies, including Amazon.com Inc. and Netflix Inc., signed a new statement to "defend the right to vote and oppose any discriminatory legislation," the latest corporate response to a wave of Republican-led voting bills being advanced in dozens of states.

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BUSINESS

Google to pay publishers $1bn for news content

Business, Published on 02/10/2020

» BRUSSELS: Alphabet's Google plans to pay $1 billion to publishers globally for their news over the next three years, according to its chief executive officer, a step that could help it win over a powerful group amid heightened regulatory scrutiny worldwide.

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BUSINESS

Warren Buffett gives up on newspaper business

Business, Published on 31/01/2020

» Warren Buffett's Berkshire Hathaway Inc agreed on Wednesday to sell its newspaper business to Lee Enterprises Inc for $140 million in cash, abandoning an industry the billionaire investor had long defended even as its financial prospects deteriorated.

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BUSINESS

Virus losses put at B1.3tn

Business, Published on 31/01/2020

» Economic damage from the coronavirus outbreak is initially estimated at 300 billion yuan (1.3 trillion baht) in a month's time, putting China's annual GDP growth below the 6% baseline this year, says Kasikorn Research Centre (K-Research).

BUSINESS

When confusion goes viral

Asia focus, Nareerat Wiriyapong, Published on 03/02/2020

» Movie lovers like me have been drawn irresistibly to Dark Waters, the 2019 American legal thriller that has won positive reviews from critics and accolades for lead actor Mark Ruffalo.

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BUSINESS

Asia's century, China's year

Asia focus, Published on 30/12/2019

» Way back when 1999 was winding down, pundits were telling us that the Asian Century was about to dawn. That prediction has not yet been fully realised, but few would disagree that 2019 belonged to China. Over the past 12 months, the top headlines have been about the bruising trade war with America, defiant protests in Hong Kong against Beijing's tightening grip, and the rise of a surveillance state that is herding hundreds of thousands into "re-education" camps on its western fringes. Below, the Asia Focus team looks back on a busy and sometimes troubling 2019.

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BUSINESS

Pace plans restructuring of Dean & DeLuca to stem losses

Business, Darana Chudasri, Published on 19/07/2019

» SET-listed Pace Development Corporation Plc, the Bangkok-based owner of Dean & DeLuca, is set to revamp the ailing gourmet grocer business by splitting operations in Asia and the US for business restructuring.

BUSINESS

Currencies slump, funds flee emerging markets

Business, Published on 08/09/2018

» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.