Sunday, 17 February 2019

Oil prices slip, but tightening supply outlook supports

SINGAPORE Crude oil prices slipped on Monday after gains of about 3 percent in the previous session, but they were buoyed by expectations of...

China’s services sector moderates in January but still solid: Caixin PMI

BEIJING China’s sprawling services sector maintained a solid pace of expansion in January even though growth moderated slightly, a private survey showed on Sunday, offering...

South Korea to combine world’s two biggest shipbuilders in $2 billion deal

SEOUL Hyundai Heavy Industries, the world’s biggest shipbuilding group, has announced a share swap deal worth 2.1 trillion won ($1.98 billion) to take over second-ranked...

Microsoft’s Azure revenue growth slows, shares fall

Microsoft Corp on Thursday met Wall Street’s targets for its quarterly results and forecast, though Azure cloud computing sales grew more slowly than a...

Google disables iPhone app that studied users’ digital habits

SAN FRANCISCO Alphabet Inc’s Google said on Wednesday it disabled an iPhone app that it had paid some users to install to study their digital...

Tesla CFO leaves as automaker promises profits and cheaper cars

Tesla Inc warned on Wednesday it will need to begin building cars in China and lower the price of its Model 3 sedan to...

Japan’s 10-day holiday stirs concern in traders and investors

TOKYO To mark the ascension of Japan’s new emperor, the government has declared an unprecedented 10-day holiday from late April to early May, worrying investors,...

Apple services business grows, CEO Cook sees China tensions ease

Apple Inc reported sharp growth in its services business and Chief Executive Tim Cook said trade tensions between the United States and China were...

Apple to patch privacy bug in video calling feature

Apple Inc said on Monday it will issue a software patch later this week for a bug that lets iPhone users hear audio from...

Facebook’s Instagram is down for some users

Facebook Inc’s photo-sharing social network Instagram on Monday said its network was down for some users. “We’re aware of an issue causing Instagram to be...

Suu Kyi to investors: Myanmar is open for business

NAYPYITAW Myanmar leader Aung San Suu Kyi on Monday urged global investors to put their money into Myanmar, seeking to offset the negative impact of...

Asian stocks advance after U.S. government reopens for now

TOKYO Asian stocks advanced on Monday as Wall Street rallied after a deal was announced to reopen the U.S. government following a prolonged shutdown that...
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