World

US spares China from yuan-manipulator label amid trade war

By BLOOMBERG
WASHINGTON • The Treasury Department stopped short of declaring China a currency manipulator in its semi-annual report on foreign-exchange ...

Nestle loses Asia chief Martello as Unilever CEO job looms large

Martello is leaving at the end of this year and will be replaced by Johnson, one of Nestle’s longstanding exec
By BLOOMBERG ZURICH ...

China economic growth weakest since 2009, govt moves to lift confidence

By Kevin Yao and Elias Glenn / REUTERS   BEIJING  – China’s economic growth cooled to its weakest pace since the global ...

Thailand’s richest man said to eye RM6.2b property IPO

By BLOOMBERG
SINGAPORE • Thailand’s richest man Charoen Sirivadhanabhakdi is planning an initial public offering (IPO) of a domestic property business ...

May says UK could extend Brexit transition to ease deadlock

By BLOOMBERG
LONDON • Prime Minister Theresa May said she is weighing a plan that would keep the UK bound to European rules for longer, in an attempt ...

TSMC sales outlook falls short on stalled demand

By BLOOMBERG
TAIPEI • Taiwan Semiconductor Manufacturing Co Ltd (TSMC) forecast revenue below analysts’ estimates, as the sole supplier of Apple Inc’s ...

Anta, partner said to seek RM17b loan for Amer deal

By BLOOMBERG
HONG KONG • China’s Anta Sports Products Ltd and buyout firm FountainVest Partners Co are in discussions with lenders for at least €3.5 ...

Lippo’s bribery probe hurts one of SE Asia’s biggest projects

The credit bias for the group remains ‘negative’ given the deterioration in finances, as well as issues like permits and bribery
By ...

Singapore cracks down on ‘shoe-box’ units

By BLOOMBERG
SINGAPORE • Singapore has cracked down on the number of “shoe-box sized” apartments developers can build, in another blow to ...

SE Asia power plants hinder climate goals

About 88% of existing fossil fuel plants in the region don’t meet the emissions thresholds within 1.5°C of ...

Japan’s September exports unexpectedly fall

By BLOOMBERG
TOKYO • Japan’s exports unexpectedly fell in September — the first drop in almost two years — as natural disasters disrupted economic ...

Boeing creates computers modelled on human brains

Planemaker is betting that its new unit will help develop breakthroughs in secure communications, AI
By BLOOMBERG Chicago • Boeing Co is creating a new ...