World

Ambani group sells mutual fund stake to Nippon Life

By BLOOMBERG
MUMBAI • India’s debt-ridden Anil Ambani group will exit the asset management business by selling shares in its joint venture to Japanese ...

Starbucks agrees to license Thai operations

By BLOOMBERG
HONG KONG • Starbucks Corp agreed to license its Thailand operations to a partner, in the latest sign that the coffee behemoth is ...

US ships pass through Taiwan Strait

By BLOOMBERG
HONG KONG • US naval ships transited through the Taiwan Strait as faltering trade talks and the Trump administration’s move to restrict ...

US files 17 new charges against Wikileaks co-founder Julian Assange

WASHINGTON – The United States (US) Justice Department said on Thursday that it has filed 17 new charges against WikiLeaks co-founder Julian Assange ...

Here’s the 1st rule of Geneva private banking — don’t live in France

It’s a tradition that goes back to the earlier days of Swiss banking secrecy
GENEVA • Geneva’s private banks have a little known rule that’s rarely ...

China’s biggest airlines seek damages for Boeing 737 Max jet groundings

BEIJING • China’s biggest airlines sought compensation from Boeing Co for order delays and losses caused by the grounding of its 737 Max jet in the wake of ...

May under pressure to quit as new deal backfires

LONDON • Theresa May is under pressure to ditch her Brexit deal and quit as prime minister (PM) after a final attempt to win over MPs backfired. The ...

Huawei woes widen as Asian carriers begin dropping its handsets

TOKYO • Wireless operators in Asia have begun to drop Huawei mobile phones after the US put the Chinese telecom-gear giant on a blacklist blocking it from ...

Riots broke out in Kalimantan, situation under control

JAKARTA – The riots in Jakarta, which have been linked to protests over the results of the Presidential Election (Pilpres 2019), have reportedly ...

Six dead after election riots in Indonesia’s capital

The violence came after Indonesia’s election commission confirmed Widodo had beaten Subianto for presidency
JAKARTA • At least six people were killed ...

Huawei takes trade war into uncharted territory

HONG KONG – Huawei is taking the trade war into uncharted territory. The onslaught by President Donald Trump’s administration on one of China’s ...

Trump’s Huawei ban ripples across industry as supplies halted

By BLOOMBERG
SAN FRANCISCO • The impact of the Trump administration’s threats to choke Huawei Technologies Co Ltd reverberated across the global supply ...