Showing 1 - 10 of 87
Chinese telco could face $1-billion US fine for bribery
Reuters, Published on 11/12/2025
» The Chinese telecoms equipment maker ZTE Corp may pay more than $1 billion to the US government to resolve years-old allegations of foreign bribery, according to two people familiar with the matter.
Intel pledges $208 million Malaysia chip investment
Bloomberg News, Published on 02/12/2025
» KUALA LUMPUR — Intel Corp will invest an additional 860 million ringgit (US$208 million) to make Malaysia its assembly and testing operations centre, according to Prime Minister Anwar Ibrahim, giving a boost to the Southeast Asian nation’s critical role in the global semiconductor supply chain.
Hope for more rate cuts buoy Asian shares
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 20/09/2025
» RECAP: Asian shares were headed for weekly gains on Friday on hopes of further interest rate cuts around the world, though the Nikkei retreated from record highs after the Bank of Japan said it would start to offload some of its massive equity fund holdings.
Nestle sacks CEO over office relationship
AFP, Published on 02/09/2025
» GENEVA — Swiss food giant Nestle on Monday dismissed Laurent Freixe as chief executive with immediate effect over an "undisclosed romantic relationship with a direct subordinate".
Trump advisor says US may take stakes in other firms after Intel
AFP, Published on 26/08/2025
» WASHINGTON - The US government could take stakes in other companies after doing so with chipmaker Intel, Donald Trump's top economic advisor Kevin Hassett said Monday -- with the president himself expressing hope to have more cases like it.
Traders on sidelines awaiting Fed signals
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 23/08/2025
» RECAP: Asian equities traded in a narrow range ahead on Friday as investors awaited a key speech from US Federal Reserve chairman Jerome Powell that could shed light on the direction of monetary policy. Many traders are scaling back bets on an imminent US interest-rate cut.
US government ponders taking stake in Intel
Reuters and Bloomberg, Published on 19/08/2025
» WASHINGTON - Any US government investment in Intel Corp would be aimed at helping the troubled chipmaker stabilise, US Treasury Secretary Scott Bessent said on Tuesday.
Vietnam approves plans for international financial centre amid US trade pressure
Reuters, Published on 27/06/2025
» HANOI - Vietnam's lawmakers approved a plan on Friday to establish international financial centres in Ho Chi Minh City and Danang to attract investment and strengthen its global financial standing as economic uncertainties rise.
Startup investor targets Thai tech firms
Business, Suchit Leesa-nguansuk, Published on 31/05/2025
» Thai-born Silicon Valley investor Jeep Kline has launched the impact fund Raisewell Ventures, which invests in the US and Southeast Asia using Thailand as a strategic hub for innovation.
Big names join US business mission to Vietnam
Reuters, Published on 15/03/2025
» HANOI - Top US tech, defence and energy companies including Boeing and Apple will join a large business mission to Vietnam next week, a list of participants seen by Reuters shows, in a possible sign of confidence as the Southeast Asian country seeks to avoid US trade tariffs.