Dollar drops after weak US retail sales report
January 15, 2015 – The dollar fell against major currencies on yesterday after a disappointing US retail sales report sparked concerns…
Honda fined record US$70m by US safety agency
January 9, 2015 – US auto safety regulators fined Honda a record US$70 million (S$93.6 million) for failing to report…
Sony CEO Kazuo Hirai thanks supporters after ‘vicious’ cyber attack
January 6, 2015 – Sony chief Kazuo Hirai spoke for the first time publicly about the cyber attack that derailed…
The Interview takes in US$1m in limited release
December 28, 2014 – Raunchy comedy The Interview took in US$1 million in its limited release opening day, Sony Studios…
PlayStation and Xbox service in US goes down on Christmas
December 26, 2014 – Online hackers have taken credit for an online service outage of Sony’s PlayStation and Microsoft’s Xbox…
US Federal Reserve makes no changes to monetary policy
December 18, 2014 – The US Federal Reserve made no changes to its monetary policy, saying it can remain “patient”…
Study says developing countries lost US$1 trillion to corruption in 2012
December 16, 2014 – A global anti-corruption group said that nearly US$1 trillion was illicitly drained from developing countries in…
Goldman Sachs surpasses US$1 trillion in mergers and acquisitions for 2014
December 11, 2014 – Goldman Sachs, Wall Street’s biggest dealmaker, has surpassed US$1 trillion in mergers and acquisitions for a…
Korean Air’s Cho Hyun-Ah resigns in row over macadamia nuts
December 10, 2014 – The daughter of Korean Air’s CEO resigned yesterday after being widely criticised for having the chief purser…
United States government sues Deutsche Bank for tax fraud
December 9, 2014 – The US government sued Deutsche Bank for creating shell companies that allowed it to avoid paying…