Big problem as fund managers liking Apple too much
March 16, 2015 – At more than 15 percent of his fund’s assets, John Burnham, manager of the US$136 million…
Investors call for change at South Korea’s Hyundai Motor
March 13, 2015 – A major investor in Hyundai Motor Co today urged the automaker to improve its governance, as shareholders…
Intel cuts first-quarter revenue forecast by nearly US$1 billion
March 12, 2015 – Intel Corp slashed its revenue forecast for the first quarter by nearly US$1 billion, saying small…
Credit Suisse new CEO Tidjane Thiam could cut 2,900 investment banking jobs
March 11, 2015 – Credit Suisse’s new boss Tidjane Thiam could cut almost 3,000 jobs from its investment bank, or…
EU nears deal on US$338 billion plan to tackle drop in investment
March 10, 2015 – EU finance ministers agreed the details of a 315 billion euro (US$338 billion) investment plan today to…
Indonesia’s Telkom 2014 net profit up 2.8%
March 9, 2015 – Telekomunikasi Indonesia Tbk , Indonesia’s biggest telecommunication operator, posted a 2.8 per cent rise in its 2014…
Apple Pay stung in transactions using data stolen from retailers
March 6, 2015 – Apple Inc’s mobile payment system Apple Pay has been hit by a wave of fraudulent transactions…
China backs e-commerce expansion in win for Alibaba and JD.com
March 5, 2015 – China will back e-commerce development and guide international expansion by Chinese internet companies, Premier Li Keqiang…
Asian markets fall after Wall Street losses
March 4, 2015 – Asian markets mostly fell today following a retreat on Wall Street fuelled by profit-taking, with Tokyo hit…
Singapore remains priciest global city for expatriates
March 3, 2015 – The Republic has been named as the priciest global city for the second year running, according…