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Hyatt to buy resort manager Apple Leisure for $2.7 billion

Hyatt Hotels will buy resort-management company Apple Leisure Group from two private equity firms for...

Apartment Price Bubble Keeps Inflating

The housing market is growing volatile as the average apartment price in Seoul surpassed W1.1...

Won Plunges on Global Uncertainties

The Korean won has fallen to the lowest level against the U.S. dollar in almost...

EV startups hunt for low-cost roads to mass production

Electric car and van startups racing to become the next Tesla Inc all want to...

BT names Crozier as next chairman

BT named Adam Crozier as its next chairman on Tuesday, saying the experienced operator would...

Official: China's economic growth likely to slow due to virus, floods

China’s economic growth will soften this year due to summer flooding and anti-coronavirus controls, an...

Japan economy rebounds in 2nd quarter despite virus surge

Japan's economy grew slightly in the second quarter, recovering from a slowdown at the start...

Thai Q2 GDP thumps forecasts, but COVID-19 hampers recovery

Thailand's economy unexpectedly grew in the second quarter from the first helped by exports and...

Chinese steel futures fall on subdued economic data

Chinese steel futures declined on Monday (Aug 16), with rebar leading the declines after falling...

China cbank offers more medium-term loan than expected to cushion economic slowdown

China's central bank injected billions of yuan through medium-term loans into the financial system on...

Amanat swings to profit on recovery of healthcare assets

Dubai-listed investment firm Amanat Holdings swung to a net profit in the second quarter on...

Adidas agrees to sell struggling Reebok for $2.5bn to Authentic Brands

German sportswear company Adidas has entered into an agreement to sell its underperforming Reebok business...

Home prices in world’s most expensive market hit record high

Hong Kong’s home prices have jumped to a record high, joining other global real estate...

LinkedIn to pilot initiative for job seekers that links skills to job roles in Singapore

A pilot programme to promote hiring based on skills rather than a candidate’s educational qualifications...

U.S. jobless claims near pandemic low as economy strengthens

The number of Americans seeking unemployment benefits fell for a third straight time last week,...

Hong Kong carrier Cathay Pacific posts $972 mil first-half loss

Struggling Hong Kong carrier Cathay Pacific on Wednesday reported a $972 million net loss in...