Page 1366 - Reuters%20/undefined

Hyundai's $1.8-bn Daewoo deal may inflate prices; EU opens anti-trust probe

Hyundai is seeking to reinforce its position as the world's biggest shipbuilder partly in response to overcapacity in the industry. The merged company would have a 21% market share

$5 billion leaves Hong Kong funds amid unrest, says Bank of England

The BoE monitors Hong Kong because UK banks such as HSBC and Standard Chartered are also the leading banks in Hong Kong

Gold dealers sell at discount over poor wedding demand, ample supply

The Chinese festival is also expected to improve demand in Singapore, with many retailers offering promotions for bullion, Silver Bullion sales manager Vincent Tie said.

Delivery Hero leaps on $4 billion food app deal to buy South Korea's Woowa

Delivery Hero's Oestberg said he would commit new resources to Woowa to enable it to hold its own and expand

'Victory for nationalism': Why Johnson's win puts UK's future in doubt

Boris Johnson's resounding triumph could spell the break-up of the union that has bound England, Wales, Scotland and Northern Ireland for centuries.

Boris Johnson wins mandate for Brexit divorce, Corbyn's Labour falls behind

Boris Johnson faces the challenge of striking new international trade deals, preserving London's position as a top global financial capital and keeping the United Kingdom together.

Johnson wins UK fight with 'Get Brexit Done' promise, Labour collapses

A landslide Conservative win would mark the ultimate failure of opponents of Brexit

Boeing drops 2019 timeline for 737 MAX return after CEO meets with FAA

In November, Boeing asserted it expected the agency would allow it to begin deliveries again in December.

Nokia, Daimler, others agree to mediation to resolve licensing dispute

Nokia's usual practice is to license its technologies at the car level, whereas Daimler says component makers should also be able to apply for them.

Samsung to invest an extra $8 billion in China chip plant: Chinese media

Those investment phases follow an earlier $10.8 billion investment into a testing and packaging plant in Xi'an.

Apple supplier Japan Display set to receive $830 million from Ichigo

Apple's commitment to financially support Japan Display has reassured potential investors, sources familiar with the deal said

India's fuel demand grows 10.5% in November, hits near two-year high

Consumption of refined fuels, a proxy for oil demand in Asia's third largest economy, totalled 18.77 million tonnes in the month

Hong Kong police report overnight arson and vandalism, arrest 15-year old

Police also said they received reports that five people threw petrol bombs at a Japanese restaurant on the street level of a shopping mall in Cheung Sha Wan

After year of living dangerously, Fed likely to signal time to lay low

The Fed is expected to leave its federal funds rate unchanged at a level between 1.5% and 1.75% when it ends a two-day policy meeting on Wednesday

India's fuel consumption grew 10.5% in November: Oil Ministry data

Sales of gasoline, or petrol, were 9.2 percent higher from a year earlier at 2.53 million tonnes.

'We can't afford it': Country teary-eyed after tenfold rise in onion prices

Onions have hit record high prices of 200 rupees per kilogram in some Indian cities this year after untimely rains damaged crops, sparking a nationwide outcry

Gold firms ahead of Dec 15 US tariffs deadline and central bank decisions

US President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion worth of Chinese goods, scheduled to take effect on Sunday

Credit Suisse cuts profit target as revenue set to fall short amid slowdown

The bank last month appointed new leadership to the division and aims to bolster its M&A activity by adding more bankers to advise deals in growth industries including technology and healthcare.

IATA revises down 2019 airline profits, stability predicted in 2020

Airline net profits are now expected to fall to $25.9 billion from $27.3 billion last year, before recovering to $29.3 billion in 2020

Lending rules for weak shadow banks eased to help them access more funds

The cabinet also approved a pact with Japan to help build high grade steel manufacturing capabilities in the country