Thursday, August 21, 2014
BHP Billiton's shares closed almost four percent lower in Australia Wednesday, as investors fled over the lack of a stock buyback and the global mining giant's demerger plans.
New York State's banking regulator hit Standard Chartered Bank with a US$300 million fine and restrictions on its dollar-clearing business Tuesday for not detecting possible money laundering.
Citigroup is eyeing the sale of its Japanese retail banking operations, reports said Wednesday, more than a century after setting up shop in the Asian nation.
Freshly split Apple shares closed at a high on Tuesday, with investors evidently betting the California company will debut popular new gadgets, perhaps a smart watch and an iPhone 6.
Wednesday, August 20, 2014
Taiwanese smartphone maker HTC Corp. (宏達電) has said it is ready to take on the challenge from Apple Inc.'s anticipated iPhone 6 in the Taiwanese market with the newest member of its popular Butterfly family that was launched Tuesday.
The nation's top dollar store chains are betting big that their once-thriving business will make a comeback if they band together.
Global mining giant BHP Billiton posted a 23.2 percent jump in annual net profit Tuesday and said it will create a new independent company by spinning off non-core assets to reduce costs and boost productivity.
Cairn Energy reduced group losses in the first half on lower costs, the British oil and gas explorer revealed on Tuesday as it seeks to settle a tax dispute in India.
Shares in Skymark Airlines surged Tuesday after a report that Malaysia's AirAsia may buy the struggling Japanese carrier, which was left reeling after a collapsed jet order with Airbus last month.
U.S. energy giant Chevron is interested in taking a stake in Ukraine's natural gas pipeline network, which the country is opening to Western investors, Russian media reported Monday.