Date
19 January 2017

BUSINESS

  • Candy giant Mars Inc. agreed to buy animal-hospital chain VCA Inc. for about US$9.1 billion on Monday, marking the biggest ever deal in the pet care industry. Mars has been suffering from slowing demand for packaged...
  • China’s holdings of US Treasuries fell for a sixth straight month in November as the world’s second-largest economy continued to use its reserves to support the yuan. Data released in Washington Wednesday showed China held US$1.05...
  • With the US economy close to full employment and inflation headed toward the Federal Reserve’s 2 percent goal, it “makes sense” for the US central bank to gradually lift interest rates, Reuters reports, citing Fed chair...
  • Nearly 80 rights groups have accused Facebook of “racially biased censorship” and failing to be more transparent about its removal policies and cooperation with law enforcement. This adds to criticism the company has faced in recent...
  • The US dollar index tumbled to a one-month low of 100.37 on Tuesday amid concern about trade protectionism and rising geopolitical risks. As a result, non-dollar currencies recovered. The Japanese yen rallied to 113 against the...
  • The government will continue efforts to boost housing and land supply, Chief Executive Leung Chun-ying said in his policy address on Wednesday. Supply will be increased through initiatives such as the Kai Tak Development Area project,...
  • The Hong Kong government will identify land sites to enable development of new convention and exhibition facilities in the city, Chief Executive Leung Chun-ying said on Wednesday. Authorities need to take steps in view of the...
  • Not many people in China would be aware of mobile phone maker Tecno despite the brand’s heady success in the export market The company has notched an impressive record by grabbing 40 percent of the African...
  • The nearly three-year search to resolve one of history’s biggest aviation mysteries ended on Tuesday the same way it began: with the barest of clues over what happened to missing Malaysia Airlines Flight 370, the Wall...
  • Business expansion is one of the sensitive periods in the business lifecycle. Every change or a decision made during this process has to be based on accurate data and any partnerships have to be made very...

WORLD

  • They were fresh off the boat, the group of refugees I met this time last year. They had fled their homes in Syria, traveled halfway across Turkey, and placed their lives in the hands of a...
  • After having served as secretary general of the United Nations for 10 years, Ban Ki-moon has finally returned to his home country, which has been engulfed by political turmoil in recent months. Will his track record...
  • A South Korean court denied an arrest warrant for Lee Jae-yong, the scion of the Samsung conglomerate, for his alleged involvement in a national corruption scandal, the Wall Street Journal reports. The Seoul Central District Court...
  • Leaders of an ad hoc group of protesters enraged by Republican Donald Trump’s election as president of the United States are vowing to disrupt his inauguration by blocking public access to the event, Reuters reports. The...
  • Business and agricultural groups are lobbying Trump transition officials to salvage the Trans-Pacific Partnership (TPP) in some form despite the US president-elect’s plan to scrap the agreement. The business groups are arguing that the incoming administration...

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