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NEWS

Ride-hailing firm Grab secures $1.5 billion in funding

AFP, Published on 06/03/2019

» SINGAPORE - Southeast Asian ride-hailing firm Grab said on Wednesday it has secured $1.5 billion in fresh financing from a fund run by Japan's SoftBank and will use a significant portion of it to expand in Indonesia.

NEWS

Canada launches extradition of top Chinese executive to US

AFP, Published on 02/03/2019

» OTTAWA - Canada on Friday launched the extradition of Huawei executive Meng Wanzhou to the United States -- the latest move in a case that has roiled relations between the North American neighbors and China.

NEWS

Trump ex-lawyer pleads guilty to lying over Russia deal

AFP, Published on 30/11/2018

» NEW YORK: President Donald Trump's former personal lawyer Michael Cohen pleaded guilty Thursday to lying to Congress over the ongoing Russia investigation in connection with a Moscow real-estate deal and Russian contacts pursued during the 2016 election.

NEWS

Alibaba co-founder Jack Ma announces plans to retire at 54

AFP, Published on 08/09/2018

» BEIJING - Alibaba co-founder and chief Jack Ma plans to retire from the Chinese e-commerce giant on Monday to devote his time to philanthropy focused on education, he told the New York Times in an interview.

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BUSINESS

Marvel creates Chinese superheroes to draw Asia fans

AFP, Published on 12/01/2018

» MANILA: Chinese superheroes will soon be joining the pantheon of larger-than-life Marvel universe mainstays Spider-Man, Iron Man and the X-Men, a company official said as the comic book giant makes a major thrust into Asia.

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BUSINESS

Seoul sends bitcoin on rollercoaster ride

AFP, Published on 11/01/2018

» Bitcoin and other virtual currencies were sent on rollercoaster rides in South Korea Thursday as the government said it was planning to ban cryptocurrency exchanges, before later backtracking.

NEWS

Tech world waits for iPhone news and hopes for magic

AFP, Published on 09/09/2015

» SAN FRANCISCO - The tech world on Wednesday will have its eyes on Apple, expecting new versions of the company's coveted iPhone but hoping for magic in the form of unexpected innovation.