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BUSINESS

Google steps up its hardware push with $1.1bn HTC deal

Business, Reuters, Published on 22/09/2017

» TAIPEI/SAN FRANCISCO: Alphabet Inc's Google said late Wednesday that it would pay US$1.1 billion for the division at Taiwan's HTC Corp that develops the US firm's Pixel smartphones -- its second major foray into phone hardware after an earlier costly failure.

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WORLD

Rohingya crisis dents Myanmar hopes of investment boom

Reuters, Published on 22/09/2017

» YANGON/HONG KONG: When officials from Myanmar's commercial capital Yangon toured six European countries in June, they were hoping to drum up investment in transport, energy and education.

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BUSINESS

S&P downgrades China as credit growth still too fast

Reuters, Published on 22/09/2017

» BEIJING: China's attempts to reduce risks from its rapid buildup in debt are not working as quickly as expected and credit growth is still too fast, S&P Global Ratings said on Friday, a day after it downgraded the country's sovereign credit rating.

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WORLD

Thousands evacuated as volcano rumbles on Bali

Reuters, Published on 22/09/2017

» DENPASAR, Indonesia: Thousands of residents were evacuated from villages near an active volcano on the Indonesian island of Bali, officials said on Friday, as seismic tremors rattled some areas and smoke rose above one of the world's most popular tourist spots.