Wall Street JournalResults for news from the Wall Street Journal about Asian Business News Page 1 of 439 news found. 1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - NEXT Asian Business News Online Bargain Hunters Push Korean Retailers to Slash Prices South Korean department stores are slashing prices to compete with overseas online retailers like Amazon.com, eBay and the Gap as more consumers hunt for bargains from online vendors abroad. Tue, 23 Dec 2014 15:40:59 EST Asian Business News India's Aditya Birla to Buy Two Cement Plants India’s Aditya Birla Group said it has agreed to buy two cement plants in a deal valued at $852 million, as the conglomerate seeks to tap into an expected increase in cement demand. Tue, 23 Dec 2014 13:51:09 EST Asian Business News Singapore Airlines, Tata Venture to Start Flights in January Singapore Airlines and India’s Tata Sons will start flights of a new joint venture airline in India early next month, a market where high costs and low fares have pushed most carriers into losses. Mon, 22 Dec 2014 23:31:02 EST Asian Business News Telstra Expands in Asia Telstra Corp., Australia’s dominant telecoms provider, has reignited its Asian expansion drive with a $697 million purchase of Pacnet, Asia’s biggest operator of subsea cables. Mon, 22 Dec 2014 21:20:47 EST Asian Business News Spending Aids Deals Down Under The winners and losers of Australian Prime Minister Tony Abbott’s call last year to become an “infrastructure prime minister” are becoming clearer after a raft of deal-making. Mon, 22 Dec 2014 04:38:55 EST Asian Business News Japan Oil Refiner Idemitsu in Talks to Buy Showa Shell Japan’s second-biggest oil refiner and distributor, Idemitsu Kosan, says it is in talks to buy industry peer Showa Shell Sekiyu as falling domestic oil demand pinches the margins of wholesalers. Sat, 20 Dec 2014 05:53:35 EST Asian Business News Flipkart Internet Raises $700 Million Flipkart Internet, India’s largest e-commerce company by sales, said it raised $700 million in a third round of financing this year as global investors seek to get a piece of India’s growing online market. Sat, 20 Dec 2014 03:38:01 EST Asian Business News Indonesian Coffee Co-op Brews Success Indonesia’s Klasik Beans cooperative, which specializes in rare, high-end coffees, is trying to remake the nation’s coffee industry, which some specialty producers say still views the crop as a mass-produced commodity. Fri, 19 Dec 2014 16:33:04 EST Asian Business News Thomas Kwok Found Guilty of Corruption A jury in Hong Kong found Thomas Kwok, the co-chairman of one of Hong Kong’s biggest property developers, guilty in a corruption trial involving the city’s former No. 2 official, but found his brother, Raymond, not guilty. Fri, 19 Dec 2014 07:04:00 EST Asian Business News Chinese Car Maker BYD's Shares Plunge An executive at Warren Buffett-backed BYD Co. said the company’s operations were normal despite shares in the Chinese electric-car maker falling as much as 47% on Thursday. Thu, 18 Dec 2014 10:03:17 EST Asian Business News ANZ Says It Is Ready for Capital Rules The chairman of one of Australia’s largest lenders tentatively welcomed a sweeping review of the financial system that has called for banks to hold additional capital as a buffer against potential financial crises. Thu, 18 Dec 2014 00:29:47 EST Asian Business News Australian State to Proceed with Power-Network Sale Australia’s most populous state will go ahead with the partial privatization of its electricity network, as it attempts to raise funds for new infrastructure. Wed, 17 Dec 2014 20:38:14 EST Asian Business News Leighton Sells Half of Services Arm to Apollo Global Australia’s biggest construction company Leighton has agreed to sell half of its services arm to private-equity firm Apollo Global Management for US$570 million. Wed, 17 Dec 2014 02:56:51 EST Asian Business News India's SpiceJet Halts Flights The cash-strapped Indian airline SpiceJet canceled all of its flights as it doesn’t have the money or the credit to pay for fuel, a company executive said. Wed, 17 Dec 2014 02:17:56 EST Asian Business News India Court Temporarily Allows Xiaomi Imports An Indian court temporarily allowed the import of devices from China’s largest smartphone maker, Xiaomi Inc., after blocking shipments last week on a complaint from Sweden’s Ericsson. Tue, 16 Dec 2014 12:50:00 EST Asian Business News Korean Air Faces Penalties The South Korean government plans to penalize Korean Air Lines after an airline executive delayed a flight last week because she was unhappy about the way she was served macadamia nuts. Tue, 16 Dec 2014 03:14:36 EST Asian Business News Thailand's Wind Energy CEO Steps Down Amid Probe Wind Energy Holding, one of Thailand’s largest renewable-energy companies, said its founder, Nopporn Suppipat, stepped down as co-chief executive after being implicated in a corruption investigation. Tue, 16 Dec 2014 03:00:42 EST Asian Business News Standard Chartered Sells Consumer Finance Units Standard Chartered has sold consumer finance units in Hong Kong and Shenzhen as part of its strategy to dispose of noncore businesses as the Asia-focused lender battles with declining profits and slower growth. Tue, 16 Dec 2014 02:01:27 EST Asian Business News Blackstone, CIMB to Invest in Singapore's Sentosa Project Blackstone and Malaysia’s CIMB Bank are investing in City Developments Ltd.’s Sentosa island project in Singapore, as part of a US$1.1 billion financing. Mon, 15 Dec 2014 20:07:50 EST Asian Business News Xiaomi Invests in Home Appliance Maker Midea Chinese smartphone maker Xiaomi has invested 1.26 billion yuan in local home appliances maker Midea Group Co., in a deal aimed at boosting its presence in the market for Internet-connected home electronics. Sun, 14 Dec 2014 23:48:45 EST Asian Business News Jimmy Lai to Resign as Next Media Chairman Hong Kong media mogul Jimmy Lai said he will resign from his position as chairman and executive director of Next Media, days after his arrest at a pro-democracy protest. Sun, 14 Dec 2014 11:44:26 EST Asian Business News Agile Property Chairman Released From Custody Chinese property-developer Agile Property Holdings said its chairman, Chen Zhuo Lin, who was in the custody of Chinese prosecutors for the past two months, will return to work Monday. Sun, 14 Dec 2014 10:56:00 EST Asian Business News Korean Air Lines Chairman Apologizes The chairman of Korean Air Lines says he will have his daughter, Cho Hyun-ah, removed from all posts at the company’s affiliates after she delayed a flight over the way she was served nuts. Fri, 12 Dec 2014 03:45:03 EST Asian Business News Tesla China Chief to Step Down The chief of Tesla Motors in China, Veronica Wu, will leave the company in “some days,” according to a company official. Fri, 12 Dec 2014 02:54:12 EST Asian Business News Shengjing Bank to Raise Up to $1.4 Billion in IPO The listing will help the bank replenish its capital to meet tough new capital rules, and will be the second Chinese bank listing so far this year in Hong Kong. Thu, 11 Dec 2014 22:56:00 EST Asian Business News Toyota Takes Air-Bag Review Reins Toyota is seizing the leadership in the auto industry’s investigation of potentially defective Takata air bags, spurred by bitter memories of a previous recall crisis. Thu, 11 Dec 2014 13:57:06 EST Asian Business News BHP Turns to Fertilizers in Search for Growth Global mining giant BHP Billiton is likely to raise the profile of fertilizers among its suite of products as it hunts for resources to tap longer-term growth in China. Thu, 11 Dec 2014 06:54:54 EST Asian Business News Shell Looks to Sell Stake in Tongyi Royal Dutch Shell PLC is looking to sell its stake in a Chinese oil lubricants business in a deal that could fetch up to $500 million, as the Anglo-Dutch oil giant sheds assets across the globe amid falling oil prices. Thu, 11 Dec 2014 03:32:00 EST Asian Business News Santos Trims Spending Australia’s Santos said it would slash capital spending by 26% next year and consider asset sales, as it tries to fortify its balance sheet against tumbling oil prices. Wed, 10 Dec 2014 20:45:47 EST Asian Business News BlackRock Leads Financing for South Korean Online Retailer BlackRock is joining a roster of high-profile investors betting on Asia’s fast-growing tech startups by leading financing round for South Korean online retailer Coupang that will value the company at more than $2 billion. Wed, 10 Dec 2014 08:34:07 EST Asian Business News Samsung to Merge Two U.S. Sales Units The sales units for consumer electronics products and mobile devices will be combined into a single entity to enhance efficiency and streamline organization. Wed, 10 Dec 2014 05:39:13 EST Asian Business News RBS to Exit Japanese Bonds The move is part of the U.K. bank’s global strategy to wind down some interest-rates business as increasing regulatory costs weigh on profitability. Wed, 10 Dec 2014 02:47:22 EST Asian Business News Trial of Hong Kong Billionaire Brothers Headed for Jury The bribery trial of the Kwok brothers, Hong Kong billionaires, and the city’s former No. 2 official will soon go to the jury. Tue, 09 Dec 2014 09:30:11 EST Asian Business News India's Car Market Beginning to Recover India’s passenger vehicle sales resumed expanding in November, raising optimism that consumer demand is beginning to recover. Tue, 09 Dec 2014 06:38:39 EST Asian Business News Nuclear Energy Firms Raise Stakes in Projects Nuclear energy companies are increasingly being asked to shoulder some of the cost of building new plants, as governments try to spread the risk involved in developing nuclear power Tue, 09 Dec 2014 03:03:14 EST Asian Business News Qantas Delights With Profit View Shares in Australia’s national flag carrier jumped 14% after it forecast a healthy profit for its fiscal first half after a yearslong efficiency drive bolstered by declining jet fuel prices. Mon, 08 Dec 2014 11:16:25 EST Asian Business News Alliance Sets Plan to Finance Bangladesh Factory Upgrades A year and a half after a Bangladesh factory collapse killed more than 1,100 people, an alliance of international retailers led by Wal-Mart Stores, Gap and VF has come up with a plan to help finance widespread factory upgrades. Mon, 08 Dec 2014 09:36:53 EST Results for news from the Wall Street Journal about Asian Business News Page 1 of 439 news found. 1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 - NEXT |