December 21, 2018

SoftBank’s Vision Fund nearing $1.5 billion investment in SE Asia’s Grab: source

SoftBank Group Corp is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia’s biggest ride-hailing firm […]
December 21, 2018

Explainer: Arrested again: What are the new allegations against Nissan’s Ghosn?

Japanese prosecutors arrested Nissan’s ousted chairman Carlos Ghosn for a third time on Friday, accusing him of aggravated breach of trust in transferring personal investment losses […]
December 21, 2018

Foxconn to build $9 billion chip plant in China with local govt – Nikkei

Taiwan’s Foxconn , Apple Inc’s iPhone assembler, is in the final stages of talks with the local government of the Chinese city of Zhuhai to build […]
December 21, 2018

Malaysia seeks $7.5 billion in reparations from Goldman Sachs: FT

Malaysia is seeking $7.5 billion in reparations from Goldman Sachs Group Inc over its dealings with scandal-linked state fund 1MDB, the Financial Times reported on Friday, […]
December 21, 2018

Massages and free fish help east Europe tackle labor shortages

What’s does a company do when it doesn’t have enough workers and unemployment rates are at record lows? In eastern Europe answers includes workplace massages, free […]
December 21, 2018

Toshiba has no immediate plans to sell memory chip stake: CEO

Toshiba Corp has no immediate plans to sell its 40.2 percent stake in Toshiba Memory Corp, its chief executive told Reuters, as the world’s No. 2 […]
December 21, 2018

Growth fears and U.S. government shutdown threat slam stocks

World stocks extended a steep sell-off on Friday as the threat of a U.S. government shutdown and further hikes in U.S. borrowing costs compounded investor anxieties […]
December 21, 2018

Lab-grown diamond prices slide as De Beers fights back

Since De Beers abandoned its decades-old policy of refusing to sell lab-grown diamonds as jewelery, the price gap between man-made stones and natural gems has widened […]
December 21, 2018

Dollar set for biggest weekly drop in 10 months

The dollar consolidated overnight losses on Friday and is set for its biggest weekly drop in 10 months as the threat of a U.S. government shutdown […]
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