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BUSINESS

Questions mount about Lion Air safety checks

The Associated Press, Published on 02/11/2018

» JAKARTA: New details about the crashed Lion Air jet’s previous flight cast more doubt on the Indonesian airline’s claim to have fixed technical problems, as the sea search continued on Friday for victims and the plane’s fuselage.

BUSINESS

VietJet and Airbus sign $6.5bn deal

Reuters, Published on 02/11/2018

» HANOI: VietJet Aviation signed a US$6.5-billion agreement on Friday to buy 50 Airbus A321neo jets, the Vietnamese budget carrier said.

BUSINESS

US hiring, wages top forecasts

Bloomberg News, Published on 02/11/2018

» WASHINGTON: Hiring in the United States rebounded by more than forecast in October, annual wage gains topped 3% for the first time since 2009 and the jobless rate held at a 48-year low, signalling the labour market will keep driving consumption and economic growth.

BUSINESS

Trump seeks deal with Xi this month

Bloomberg and AP, Published on 02/11/2018

» WASHINGTON: US President Donald Trump wants to reach an agreement on trade with Chinese President Xi Jinping at the G20 summit in Argentina later this month and has asked US officials to begin drafting potential terms.

BUSINESS

Thai, Singapore stocks post best week in 2½ years

Bangkok Post and Reuters, Published on 02/11/2018

» Southeast Asian stock markets ended higher on Friday after trade war friction between two of the world's largest economies showed signs of easing, with Thailand and Singapore logging their biggest weekly gains in two and a half years.

BUSINESS

Vichai's body returns home for final farewell

Online Reporters, Published on 02/11/2018

» The body of King Power and Leicester City football club chairman Vichai Srivaddhanaprabha returned home to Thailand on Friday for a royally sponsored funeral ceremony.

BUSINESS

2019 BMW 8 Series Convertible revealed

Richard Leu, Published on 02/11/2018

» Soft-top car becomes the second model in Munich’s flagship lineup replacing the 6 Series Convertible.

BUSINESS

Gold demand steady in Q3, says WGC

Business, Reuters, Published on 02/11/2018

» BOSTON: Global demand for gold rose slightly in the third quarter compared to the same period a year ago as resurgent buying from central banks and retail consumers balanced huge outflows from exchange traded funds, the World Gold Council said on Thursday.

BUSINESS

King Power and Leicester FC boss Vichai gets royal rites

News, Post Reporters, Published on 02/11/2018

» His Majesty the King has provided funeral water and bestowed an octagonal funerary urn for a royally sponsored funeral rite for King Power International Group chairman Vichai Srivaddhanaprabha, who died in a helicopter crash last Saturday, according to the company.

BUSINESS

Distressed-asset manager plans B23bn IPO

Bloomberg News, Published on 02/11/2018

» Bangkok Commercial Asset Management Plc, the country's biggest distressed asset manager, is planning an initial public offering that could raise at least 23 billion baht, people with knowledge of the matter said.