Business Insights

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Latest Business Insights

Volkswagen to open seven China factories

Volkswagen is planning to open seven more factories in China, chief executive Martin Winterkorn says.

By Editorial Team

Golden Agri Liberia project gets $500m loan from China

Singapore-listed Golden Agri Resources Ltd, the world’s second-largest palm oil producer, said Wednesday its Liberia business Golden Veroleum has received a $500 million loan from the China Development Bank.

By Editorial Team

Cathay Pacific profits fall 83%

Hong Kong-based Cathay Pacific has announced profits have fallen 83 percent amid higher fuel costs and a drop in demand for corporate travel.

By Editorial Team

India’s GVK in Australian coal deal

India’s GVK has joined forces with Aurizon, Australia’s largest rail freight company, to build the infrastructure needed for the development of the Galilee Basin in central Queensland.

By Editorial Team

Japan in energy breakthrough

Resource-starved Japan has extracted methane hydrate – better known as “fire ice” – from its seabed in what has been described as an energy breakthrough.

By Editorial Team

Former Sony CEO to retire in June

Howard Stringer, Sony board chairman, who served as president and CEO from 2005 to 2012, is to retire, he announced.

By Editorial Team

India car sales fall 26%

Car sales in India's passenger market fell by nearly 26 percent last month on an annual basis, industry figures show.

By Editorial Team

North Korea cancels non-aggression pact with South

North Korea is scrapping all non-aggression pacts with South Korea, closing its hotline with Seoul and shutting the shared border point.

By Editorial Team

Arsenal to play friendly in Vietnam

Arsenal will become the first Premier League club to play in Vietnam during their pre-season tour to Asia this summer.

By Editorial Team

Tokyo stocks back at pre-crisis levels

Tokyo stocks closed 2.64 percent higher Friday, recovering to levels seen not since before the 2008 collapse of Lehman Brothers that heralded the beginning of the global financial crisis.

By Editorial Team