13.08.2014 14:57:07 (GMT+12)
Samsung Taps Local Apps
Samsung is turning to apps and freebies to help maintain its smartphone dominance in Southeast Asia.
Iraqi Political Leaders Clash
Iraq's president appointed a candidate to replace Prime Minister Nouri al-Maliki but the longtime leader refused to step aside, setting up a confrontation as the government struggles to combat a rapidly advancing Sunni insurgency.
Russia Joins Aid Bid As Kiev Closes In on Donetsk Separatists
Ukraine agreed to dispatch humanitarian aid, including supplies from Russia, to a separatist stronghold that has been blasted by fighting in recent weeks, as it pressed its offensive against pro-Russia separatists.
Owner of Myanmar Hotel Where Kerry Stayed Is on U.S. Blacklist
A U.S. delegation including Secretary of State John Kerry stayed over the weekend at a hotel owned by a businessman on a U.S. blacklist of cronies of the former military regime, showing the difficulties of navigating a country still wrestling with a legacy of American sanctions.
Robin Williams, Actor, Dies at 63
Oscar-winning actor and comedian Robin Williams was found dead in his Northern California home on Monday, authorities said.
Alibaba IPO Poses Challenge for Bankers
While all big IPOs are tough to pull off, e-commerce company Alibaba faces some unusual hurdles as bankers seek to drum up fervor.
GM Overhauls International Business
General Motors is overhauling its international business model by changing the way it makes cars overseas in a bid to stem losses in key emerging markets, including India and Southeast Asia, a top executive said.
Asian Exchanges Eye Hong Kong-Shanghai Trading Link
Exchanges in Asia are nervously eyeing a new trading link between Hong Kong and Shanghai, concerned it will soak up funds from global money managers.
Japanese Stocks Extend Gains
Asian stocks moved higher, as easing geopolitical concerns allowed Japan to extend its recovery from sharp falls at the end of last week.
Deutsche Bank Sues Former Executive
Deutsche Bank AG filed suit against Lee Zhang, a former top executive in its Asian operations, for $3.9 million it claims was transferred from the bank to a company's account at a Chinese bank.
Bank Profits Near Record Levels
U.S. banks in the second quarter reported the industry's second-highest profit in 23 years, despite stiff headwinds, thanks largely to improved credit quality.
Mon, 11 Aug 2014 19:55:18 EDT
Tax Bills Lurk in Kinder Morgan Deal
Investors in Kinder Morgan's master limited partnerships could be left with big, unexpected tax bills as the pipeline company restructures. But Wall Street expects the $44 billion deal will open the door to acquisitions.
China's Wanda Invests in Australia
Chinese conglomerate Wanda Commercial Properties is investing up to $271 million in a project in Gold Coast, Australia, marking its latest venture abroad and its first investment Down Under.
Samsung is turning to apps and freebies to help maintain its smartphone dominance in Southeast Asia.
Iraqi Political Leaders Clash
Iraq's president appointed a candidate to replace Prime Minister Nouri al-Maliki but the longtime leader refused to step aside, setting up a confrontation as the government struggles to combat a rapidly advancing Sunni insurgency.
Russia Joins Aid Bid As Kiev Closes In on Donetsk Separatists
Ukraine agreed to dispatch humanitarian aid, including supplies from Russia, to a separatist stronghold that has been blasted by fighting in recent weeks, as it pressed its offensive against pro-Russia separatists.
Owner of Myanmar Hotel Where Kerry Stayed Is on U.S. Blacklist
A U.S. delegation including Secretary of State John Kerry stayed over the weekend at a hotel owned by a businessman on a U.S. blacklist of cronies of the former military regime, showing the difficulties of navigating a country still wrestling with a legacy of American sanctions.
Robin Williams, Actor, Dies at 63
Oscar-winning actor and comedian Robin Williams was found dead in his Northern California home on Monday, authorities said.
Alibaba IPO Poses Challenge for Bankers
While all big IPOs are tough to pull off, e-commerce company Alibaba faces some unusual hurdles as bankers seek to drum up fervor.
GM Overhauls International Business
General Motors is overhauling its international business model by changing the way it makes cars overseas in a bid to stem losses in key emerging markets, including India and Southeast Asia, a top executive said.
Asian Exchanges Eye Hong Kong-Shanghai Trading Link
Exchanges in Asia are nervously eyeing a new trading link between Hong Kong and Shanghai, concerned it will soak up funds from global money managers.
Japanese Stocks Extend Gains
Asian stocks moved higher, as easing geopolitical concerns allowed Japan to extend its recovery from sharp falls at the end of last week.
Deutsche Bank Sues Former Executive
Deutsche Bank AG filed suit against Lee Zhang, a former top executive in its Asian operations, for $3.9 million it claims was transferred from the bank to a company's account at a Chinese bank.
Bank Profits Near Record Levels
U.S. banks in the second quarter reported the industry's second-highest profit in 23 years, despite stiff headwinds, thanks largely to improved credit quality.
Mon, 11 Aug 2014 19:55:18 EDT
Tax Bills Lurk in Kinder Morgan Deal
Investors in Kinder Morgan's master limited partnerships could be left with big, unexpected tax bills as the pipeline company restructures. But Wall Street expects the $44 billion deal will open the door to acquisitions.
China's Wanda Invests in Australia
Chinese conglomerate Wanda Commercial Properties is investing up to $271 million in a project in Gold Coast, Australia, marking its latest venture abroad and its first investment Down Under.