Faulty Takata air bag kills sixth person in Malaysia

The driver was killed when the 2004 Honda City car crashed on New Year’s Day in central Selangor state, Honda Malaysia said in a statement yesterday.

China ousted as Asia’s top buyer of US commercial property

Singapore ousted China to become the biggest Asian investor in U.S. commercial property last year. It was the first time since 2012 that the

Google bets USD1.1b more brains can help take on Apple

Google officially closed its USD1.1 billion deal with HTC Corp., adding more than 2,000 smartphone specialists in Taiwan to help the search giant chase Apple

Corporate Bits | Wynn unveils festive gourmet selection for CNY

The dining establishments at Wynn Macau and Wynn Palace Cotai will feature an exquisite selection of gourmet offerings to assist guests in celebrating and welcoming the

German automakers face heat over tests on monkeys, humans

Public criticism of the German auto industry has escalated on reports that diesel exhaust tests were carried out on both monkeys and humans. The

HK seeks to cash in on frenzy for Chinese biotech

Chinese drug companies have been on a tear in the U.S. stock market. Now, entrepreneurs and investors betting on the Asian country’s fledgling biotechnology industry see

Corporate Bits | Sands China announces pay rise, discretionary bonus

Sands China is increasing the salaries of team members of “eligible grades” effective March 1, the company announced in a statement, “benefitting roughly 99 percent of

IKEA says founder Ingvar Kamprad has died at 91

Ingvar Kamprad, the IKEA founder who turned a small- scale mail order business into a global furniture empire, has died at 91, the company said yesterday.

Real Estate Matters | Basic real estate measurements

When are analysing investment opportunities, it is important to know the relevant terminology and the acceptable benchmarks to make good decisions. Below are some basic financial measures and benchmarks

A Chinese car built in Western Europe? Geely could be first

China may be poised to build its first car in Western Europe, with the help of Sweden’s Volvo Car Group. The iconic brand

Hong Kong | Warning signs go overlooked in hot stock market

As Hong Kong’s booming equity market smashes one record after another, signs of overheating are popping up everywhere. But good luck finding anyone who’s

Corporate Bits | 200 students graduate from Sands internship program

Close to 200 students graduated from Sands China’s Integrated Resort Internship Program in 2017, with 20 percent of them taking full-time positions with the company upon

How Asian giants can counter Trump’s washing machine tariff

U.S. President Donald Trump’s tariffs on imported washing machines, aimed at stemming the flow of cheap appliances from South Korean and Chinese companies into the

MetLife said to join MassMutual in seeking HK sale

MetLife Inc. is seeking a sale of its Hong Kong insurance unit, joining international rivals including Axa SA and MassMutual that have pursued divestments in the Chinese

Budget airline pioneer says AirAsia may buy more jets

AirAsia Bhd., the budget airline that has grown to become one of the biggest customers of Airbus SE planes, could consider buying more aircraft as

China Inc.’s debt bills could be worse than thought in 2018

This was supposed to be the year when Chinese companies caught a break, with the amount of local bonds coming due dropping to the least since 2014. But

HK most expensive housing for 8th year

Hong Kong was named the least affordable housing market for the eighth year in a study that put Sydney in the No. 2 slot and Vancouver

Corporate Bits | Wynn ranks highest on fortune’s most admired list

Wynn Resorts ranked first overall in the category of Quality of Products/Services among all international hotel companies. The company also received high marks for Innovation, People

Real Estate Matters | Annual Property Operating Data

When you invest in property, you expect to collect money, mostly in the form of rent, and spend money to pay for the operating expenses and the loans

World’s top jeweler diversifies with new brands for niches

Chow Tai Fook Jewellery Group Ltd. plans to embark on its biggest effort in decades to add new brands as the world’s largest jeweler seeks

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