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BUSINESS

Asian shares advance as oil prices retreat

Business, Nuntawun Polkuamdee, Published on 06/08/2022

» RECAP: Asian equities mostly rose yesterday as a drop in oil prices to pre-Ukraine war levels stirred hopes of a slowdown in inflation and bank interest-rate hikes. But while global markets have enjoyed a broadly positive week, recession worries and Chinese military drills around Taiwan have traders' nerves on edge.

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BUSINESS

Flight test

Asia focus, Erich Parpart, Published on 22/07/2019

» Carsten Spohr was named Manager of the Year in 2017 by Manager Magazin in Germany when Lufthansa's profit hit a record high and its share price jumped 150%. Two years later, he finds his skills being tested to the limit after issuing a second profit warning in six months. While the airline is on track for an operating profit of 2 billion euros this year, it is 25% below analysts' forecasts.

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THAILAND

Sky-high WiFi set to go far and wide

Business, Kamolwat Praprutitum, Published on 27/06/2018

» Air passengers putting their phones and tablets on flight mode are set to be a thing of the past as on-board WiFi service becomes the rule rather than the exception in the hugely lucrative connectivity industry, says an executive at Inmarsat, the British provider of global mobile satellite communications.