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Qualcomm says open to more deal talks with Broadcom following meeting

NEW YORK, Feb 17 ― Qualcomm Inc yesterday called a meeting with Broadcom Ltd to discuss the latter’s US$121 billion (RM471 billion) bid constructive and opened the door to more talks, but continued to reject the proposed deal between the…


What inflation fears? Asia bond markets bet on regional rates staying low

HONG KONG, Feb 15 — Asia’s relatively stable bonds and money markets seem immune to the inflation fears that convulsed global equities recently, as investors bet the continent’s major economies will keep interest rates low as price pressures…


Qualcomm, Broadcom set for takeover talk Feb 14, say sources

SAN DIEGO, Feb 12 — Qualcomm Inc and Broadcom Ltd plan to meet on Wednesday to talk about the latter’s US$121 billion (RM478 billion) acquisition offer, the first time the semiconductor companies will discuss the potential deal, people familiar…


Amazon eyes new warehouse in Brazil e-commerce push: sources

SAO PAULO, Feb 10 — Amazon.com Inc is looking to lease a 50,000-square-meter warehouse just outside Sao Paulo, people familiar with the matter told Reuters, as it steps up its push into Latin America’s biggest retail market, Brazil. The…


Oil extends slide as record US output sparks supply glut fears

NEW YORK, Feb 8 — US shale is once again threatening to derail oil’s recovery, with futures on course for their longest run of declines in nine months after American output hit new highs. Futures fell as much as 0.7 per cent in New York,…


Get-out-of-jail win for Samsung’s Lee hits reform campaign

SEOUL, Feb 6 — Jay Y. Lee is once again a free man following a surprise ruling yesterday from a Seoul court that suspended a prison sentence for bribery. Yet, for many in South Korea the Samsung heir’s victory is a setback to President Moon…


Grab, Samsung collaborate to ease South-east Asia transportation

KUALA LUMPUR, Feb 2 — Grab, an e-hailing transportation and mobile payment platform in South-east Asia (SEA), and Samsung Electronics are collaborating via a multi-year memorandum of understanding to drive digital inclusion in the region. Grab…


Samsung profit climbs on memory chips, smartphone displays

SEOUL, Jan 31 — Samsung Electronics Co. posted record earnings on robust demand for memory chips and sales of high-end displays for the iPhone X. Net income rose to a record 12 trillion won (RM43.6 billion) in the three months ended December,…


Asia fears US tariffs on washing machines, solar panels just the start

SEOUL/BEIJING: South Korea and China protested against US President Donald Trump slapping steep import tariffs on washing machines and solar panels in a move that stirred fears in Asia of more protectionist measures coming out of Washington. For all his rhetoric to win votes, Trump’s actions on trade during his first year had been less […]


Asia protests at US solar, washer tariffs, fears more to come

SEOUL, Jan 24 — China and South Korea condemned steep import tariffs on washing machines and solar panels imposed by US President Donald Trump, with Seoul set to complain to the World Trade Organisation (WTO) over the “excessive” move….