BEIJING • Tencent Holdings Ltd’s investment in Chinese video streaming service Kuaishou values the startup at about US$3 billion (RM13.29 billion), people with knowledge of the matter said. Kuaishou... more
SINGAPORE • Warburg Pincus, one of several bidders pursuing Global Logistic Properties Ltd (GLP), is weighing a merger of the Singapore warehouse owner with its own logistics business E-Shang Redwood... more
ANKARA - Turkey is in talks with the United States and Britain to exclude Turkish Airlines and Istanbul's main Ataturk airport from a ban on passengers carrying electronics larger than cell phones,... more
Nike Inc. tumbled the most in 19 months after third-quarter sales missed estimates, renewing concern that the long-dominant athletic brand is losing market share to Adidas AG and Under Armour Inc.... more
During his brief tenure as Uber Technologies Inc.’s president, Jeff Jones toured far-flung offices in India, the Netherlands and other key markets for the global ride-hailing giant. In meetings with... more
LONDON - British police believe an attack in London that left four people dead and injured around 40 was linked to Islamic terrorism and are checking whether the lone attacker was supported by anyone... more
SEOUL - Five South Koreans were wounded near the British parliament on Wednesday in what police called a "marauding terrorist attack", South Korea's foreign ministry said in Seoul. Five people were... more
TOKYO • Huddled deep within Tokyo’s government district, nearly two dozen of Japan’s top oil experts pore over a problem plaguing its energy industry: How can they stop China from pushing its crude... more
LONDON • The Bank of England (BoE) has learned the lessons from the sudden resignation of deputy governor Charlotte Hogg after she failed to disclose a potential conflict of interest, governor Mark... more
Perth • Chevron Corp has signalled the end of major new liquefied natural gas (LNG) projects in Western Australia and is unlikely to sanction an expansion of its Gorgon and Wheatstone export... more