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December, 6, 2016

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Business > Asia
India tries to stem panic after notes withdrawn
India's government tried to quell the panic Wednesday caused by a bombshell decision to withdraw 500 and 1,000 rupee notes from circulation after cash machines ran dry and shares slid.
 
DBS deal for ANZ set to be a boon for digital banking
DBS Group Holding's acquisition of the Australia & New Zealand Banking Group (ANZ) will allow the firm to strengthen its digital capabilities, DBS CEO Piyush Gupta said at a press event in Taipei Tuesday.
 
EVA aims for 100 North America flights a week
With the launch of new direct flights between Taipei and Chicago, EVA Air has moved closer toward its goal of introducing 100 weekly flights between Taipei to North America by 2018.
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Laos notifies neighbors of plans to move ahead with contentious third dam on Mekong River
Laos has notified its Southeast Asian neighbors that it's moving ahead with a third contentious hydro dam on the Mekong River's mainstream.
 
New Zealand's competition watchdog indicated Tuesday it will reject a proposed merger between the country's two largest media companies, saying the plan would reduce competition and stifle news coverage.
 
Head and shoulders above the rest
An employee waits for customers at a hijab shop in Kuala Lumpur on Monday, Nov. 8.
 
May lays groundwork for post-Brexit India pact
Prime Minister Theresa May said Britain would become the ultimate free trade champion as she laid the groundwork Monday for a potential post-Brexit deal with India, the world's fastest growing major economy.
 
Japan firm raided after overwork suicide
Japanese authorities raided the country's top advertising agency Dentsu on Monday as they launched a criminal investigation into the suicide of a 24-year-old employee due to overwork on suspicion of systematic illegal overtime at the company.
 
A handful of Singapore companies are taking steps to help manufacturers around the world build factories of the future.
 
Indonesia slowing
Workers construct a busway line in Jakarta on Monday, Nov. 7. Indonesia's growth slowed in the third quarter as government spending and exports fell, dimming hopes that Southeast Asia's top economy will hit its GDP target this year.
 
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