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Asia: Markets rise as traders cheered by China property plan
EQUITIES rose Monday in Asia, extending a rally in New York that saw the Dow close at a record high, with sentiment boosted by China’s plan to support its...
Japan and Asean plan joint strategy on auto production: Nikkei
JAPAN and the Association of Southeast Asian Nations (Asean) plan to create their first joint strategy on automobile production and sales within the South-east Asian bloc to counter China’s...
Japan and Asean plan joint strategy on auto production: Nikkei
JAPAN and the Association of South-east Asian Nations (Asean) plan to create their first joint strategy on automobile production and sales within the South-east Asian bloc to counter China’s...
Netflix says users of subscription plan with ads hit 40 million
NETFLIX said monthly active users of its advertising-supported subscription plan reached 40 million, and that it will launch an in-house ad technology platform to support this growing part of...
Pertamina, ExxonMobil plan appraisal drilling in carbon capture effort
State energy firm Pertamina and ExxonMobil plan to conduct appraisal drilling for a carbon capture and storage (CCS) hub in Indonesia, with the companies signing an initial storage deal...
Converse to cut jobs as part of Nike’s cost-savings plan
FOOTWEAR brand Converse will cut jobs as part of parent company Nike’s ongoing US$2 billion cost savings plan, a source familiar with the matter said on Tuesday (May 14).Nike...
Nomura seeks to double profit by 2030 in latest growth plan
NOMURA Holdings unveiled a target to almost double pretax profit by the end of the decade, as chief executive officer Kentaro Okuda seeks to build on last year’s earnings...
Tencent’s buyback plan in focus as China tech earnings start
INVESTORS will closely watch for Tencent Holdings’s buyback plan in earnings due on Tuesday (May 14) as the company’s shares rebound.The most valuable Chinese technology company is ramping up...
