Buffett’s PacifiCorp faces US$30bil claim demand
Berkshire Hathaway Inc’s PacifiCorp is facing a demand for US$30bil from victims of Oregon’s 2020 Labour Day wildfires, an escalation…
Apollo accused of illegal life policy scheme
Apollo Global Management Inc bet on the longevity of senior citizens by acquiring illegal life insurance policies and funnelling the…
Coles posts third-quarter revenue rise
Australia’s Coles flagged deflation in its fresh produce and meat products, with a moderation in price rises across its broader…
Singapore retrenchments fall for second straight quarter
Retrenchments in Singapore fell for the second straight quarter while the hiring outlook improved, according to preliminary first-quarter labour market…
Challenges in meeting renewable power target
Indonesia is expected to make more commitments to the adoption of renewable energy (RE) following discussions about the new electricity…
Industrial output falls by most in four years in March
South Korea’s industrial output logged the sharpest fall in about four years after four months of monthly gains in March…
AIA Singapore on the trail of the rich with new wealth team and centre
AIA Singapore is spreading its wings with a more than S$20mil investment, so it can swoop in on a burgeoning…
Samsung first-quarter operating profit soars
Samsung Electronics Co says its operating profit shot up more than 10-fold in the first quarter, with its chip business…
New Zealand business confidence drops to seven-month low
New Zealand business confidence dropped to a seven-month low in April as high interest rates and a sluggish economy curbed…