November 9, 2018

Spenders or thrifters: As Singles’ Day nears, are China’s shoppers about to drop?

China is gearing up for the biggest shopping event of the year on Sunday, a day dominated by e-commerce giant Alibaba Group Holding Ltd which saw […]
November 9, 2018

Stung by Asian dominance, Germany pours cash into EV battery ventures

Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility […]
November 9, 2018

Factbox: Plans for electric vehicle battery production in Europe

Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility […]
November 9, 2018

Australia’s Westpac fined $2.4 million in rate case, fraction of penalty sought

Westpac Banking Corp won vindication of its decision to fight accusations its conduct in handling of a key rate was unconscionable as an Australian court fined […]
November 9, 2018

Oil prices fall into bear market on rising supply, economic concerns

Oil markets on Friday remained weak as rising supply and concerns of an economic slowdown pressured prices, with U.S. crude now down by around 20 percent […]
November 9, 2018

AirAsia X considers switching part of Airbus order to narrowbody jets: CEO

AirAsia X Bhd , which has yet to firm up a tentative order for 34 Airbus A330neo widebody jets placed in July, is considering switching some […]
November 9, 2018

Asia stocks pull back from one-month high as Fed tempers rally

Asian stocks pulled back from a one-month high on Friday as the Federal Reserve appeared poised to deliver another interest rate hike next month, paring gains […]
November 9, 2018

U.S. sues UBS, alleges crisis-era mortgage securities fraud

The U.S. government on Thursday filed a civil fraud lawsuit accusing UBS Group AG , Switzerland’s largest bank, of defrauding investors in its sale of residential […]
November 9, 2018

U.S., Mexico, Canada ministers to sign trade pact Nov. 30, official says

Cabinet ministers from the United States, Mexico and Canada will sign a new trade agreement on Nov. 30, Mexico’s economy minister said on Thursday. Powered by […]
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