UAW president being investigated by US Federal Court monitor
United Auto Workers (UAW) president Shawn Fain is under investigation by the union’s federal corruption watchdog, posing a serious threat…
LVMH unit under court administration in Italy
An Italian subsidiary of French luxury giant LVMH that makes Dior-branded handbags has been placed under court administration after a…
Philippines seeks more deals with Japan and US
The Philippines wants top market Japan to cut tariffs on its banana exports as Manila pushes for deeper economic ties…
China’s battery makers decry US protectionism, false accusations
Any attempt at protectionism or false accusations will not hinder Chinese electric vehicle (EV) battery makers from going global, as…
Tan Sri Chan Ah Chye of Talam dies
Property tycoon Tan Sri Chan Ah Chye, the single-largest shareholder of Talam Transform Bhd, died at the age of 78.
Ringgit ends firmer against greenback
The ringgit ended higher against the US dollar ahead of the two-day US Federal Open Market Committee (FOMC) meeting, says…
Bapcor confirms receipt of US$1.2bil offer from Bain
Australia’s Bapcor Ltd confirmed yesterday that it had received a proposal from private equity firm Bain Capital to buy the…
HLB issues RM1bil Tier-2 sub-notes
Hong Leong Bank Bhd (HLB) has issued RM1bil in nominal value of Tier-2 subordinated notes (HLB Sub-Notes), pursuant to its…
Canadian investor inspired by Warren Buffett sinks
Canadian holding company Tiny Ltd plunged 16% on Monday after its founders stepped down as co-chief executive officers and one…