Malaysia defends move to extend licence for rare earth firm Lynas
Malaysia’s government said on Wednesday its decision last month to extend a licence for Australia’s Lynas Corp for processing rare earth minerals aimed to show...
Confirmation of U.S.-China trade talks buoys shares, investor spirits
Asian shares extended gains on Thursday and U.S. stock futures jumped after China said it will hold trade talks with the United States in early...
Nissan CEO Saikawa admits receiving improper payment: Jiji
Nissan Motor Co Chief Executive Hiroto Saikawa admitted to improperly receiving stock-related compensation, Jiji news agency reported, in the latest case of financial misconduct among...
Cathay shares fall more than 2% after chairman resigns
Shares in Cathay Pacific Airways Ltd fell more than 2% in early trade on Thursday following the resignation of its chairman after the market closed...
Asian shares up as Brexit, Hong Kong progress lifts mood
Asian stocks perked up on Thursday, as apparent progress in the political crises in Britain and Hong Kong gave investor confidence a shot in the...
Exclusive: In U-turn, Ford ditches plan to unify China sales system after partners push back
Ford Motor Co has scrapped a plan to create a unified national sales company for China that stoked mistrust of the automaker at its joint...
Slack forecasts bigger third-quarter loss, slowing revenue growth; shares tumble
Slack Technologies Inc forecast slowing revenue growth in the second half and a bigger-than-expected third-quarter loss in its first report as a public company on...
U.S. biodiesel industry leaders urge Trump’s EPA to lift biodiesel mandate
U.S. biodiesel industry leaders told an Environmental Protection Agency regional administrator in Houston on Wednesday that they want the Trump administration to boost the volume...
Nissan CEO Saikawa admits to misconduct in compensation: Jiji
Nissan Motor Co Chief Executive Hiroto Saikawa admitted to misconduct involving stock-related compensation and said he planned to return the portion he had wrongfully received,...
Big investment banks have worst start to year since 2006
The world’s largest investment banks have had their worst start to a year since 2006, according to the latest data published by industry analyst Coalition...