Deutsche Telekom slightly raises 2023 profit outlook
BERLIN Deutsche Telekom slightly raised its full-year operating profit target on Thursday after reporting a small bump in
1970-01-01 08:00
South Korea think tank cuts 2023 growth forecast due to poor exports
SEOUL South Korea's top government research body has cut its economic growth forecast for this year to 1.5%
1970-01-01 08:00
Tencent, TSMC Shares Shunned by $3.2 Billion Fund on Valuations
A $3.2 billion fund focused on Asian equities is avoiding the region’s two biggest stocks, saying their valuations
1970-01-01 08:00
Tishman Speyer Forms Real Estate Fund With Raffles Family Office
Tishman Speyer, a US property developer and investor, is partnering with an Asian multi-family office to start a
1970-01-01 08:00
Junk Bond Funds in Korea May Have Just Gotten a $2 Billion Boost
South Korea has come up with a novel way of ensuring that weaker companies get cash during economic
1970-01-01 08:00
Coupang’s Sales Beat Estimates After Big Spending Pays Off
Coupang Inc., the South Korean e-commerce giant backed by SoftBank Group Corp., reported better-than-expected revenue growth after spending
1970-01-01 08:00
Nikola to pause truck production after posting bigger quarterly loss
Nikola Corp on Tuesday reported a bigger quarterly loss and said it would pause production to streamline the
1970-01-01 08:00
Credit Suisse CEO Ulrich Körner to join UBS board
UBS Group said on Tuesday that Credit Suisse CEO Ulrich Körner will stay on after the takeover of its Swiss rival as part of a new leadership team of the combined group.
1970-01-01 08:00
Iveco Group, Nikola reshuffle Joint Venture on electric, hybrid trucks
MILAN Italy's Iveco Group has agreed to buy the full ownership of its joint venture with U.S. start-up
1970-01-01 08:00
China condemns U.S. report calling for sanctions against Hong Kong security judges
By Jessie Pang HONG KONG China on Friday condemned a U.S. congressional report that called for sanctions against
1970-01-01 08:00
Kepco CEO to Resign as Utility Pledges Financial Overhaul
Korea Electric Power Corp.’s Chief Executive Officer Cheong Seung-il offered to resign as the state-run utility announced a
1970-01-01 08:00
South Korea-Japan Deal Helps Counter Pyongyang, Adviser Says
A deal between South Korea and Japan to remedy a long-running impasse can help work with their US
1970-01-01 08:00