San Miguel plans USD34 billion investments, eyes Saigon beer stake

San Miguel Corp. plans to invest USD34 billion in an oil refinery, an integrated steel complex and an ocean-tide power plant as the Philippines’ largest company by

AirAsia plans Vietnam venture on Southeast Asia travel boom

AirAsia Bhd., the low-cost carrier headed by Malaysian tycoon Tony Fernandes, plans to start a Vietnamese carrier in a local partnership, as cheap fares and rising incomes

Corporate bits | Venetian theatre hosts ‘the boss baby’ movie premiere

Sands Resorts Macao hosted a movie premiere and red carpet event for DreamWorks Animation’s latest 3D animated comedy-adventure blockbuster, “The Boss Baby”, at The Venetian Theatre on

Battle with Apple takes a toll on Chinese phone giant Huawei

Huawei Technologies Co.’s earnings grew at their slowest pace in five years, as China’s biggest maker of telecommunications gear sank money into research and a marketing blitz

New economic zone to be established near Beijing 

China announced Saturday that it is going to establish a special economic area in a province neighboring Beijing as part of a plan to integrate the capital with

Professor detained in China returns to Australia

The lawyer for a Sydney-based professor who was prevented from leaving China said yesterday that his client has been allowed to return to Australia, apparently bringing closure to

Dalai Lama recalls flight to India ahead of northeast trip

Exiled Tibetan spiritual leader the Dalai Lama on Saturday recalled his 1959 flight to India from Tibet ahead of a visit to northeast India’s Arunachal Pradesh state

Hong Kong warns on home loan risks as prices soar

The Hong Kong Monetary Authority has warned banks in the city over the rising risks of property lending, according to the Oriental Daily, just as home prices

Two activists who supported ‘Occupy Central’ convicted

Two Chinese rights activists who were detained after they supported pro-democracy protests in Hong Kong in 2014 were convicted and sentenced Friday on charges of inciting subversion of state power,

Visa issues keep thousands of Chinese tourists from Hawaii

Rejected visa applications are keeping thousands of Chinese tourists from visiting Hawaii. More than 2,000 of the 6,000 Nu Skin distributors in China and Hong Kong that were planning to attend

Indonesia | 81 foreign ships destroyed for illegal fishing 

Indonesian authorities destroyed 81 foreign ships over the weekend after seizing the vessels for fishing illegally in the country’s waters. The world’s largest archipelago nation has

Thailand | Thaksin not interested in reconciliation process

Former Thai Prime Minister Thaksin Shinawatra, ousted by a military coup in 2006 and still the object of political passions, declared Friday he doesn’t want to be

Iconic New Delhi movie theater shuts down after 85 years

From Bollywood superstars to political heavyweights, the Regal theater hosted some of India’s biggest names over more than eight decades. But with nostalgic theater-goers singing their way to the

Serbia’s powerful PM favored to win presidential election

Serbs voted yesterday in a presidential election that was a test of their powerful leader’s authoritarian rule amid growing Russian influence in the Balkan region. Prime

Venezuela walks back move to strip congress’ power

Venezuela’s president and Supreme Court backed down Saturday from an unprecedented move to strip congress of its legislative powers that had sparked widespread charges that the South American

This Day in History | 1987 – Windsor gems fetch record price

The late Duchess of Windsor’s jewelry has been sold for £31m (USD50m) - six times the expected figure during an auction in Switzerland. About 1,000

Offbeat | Russian Foreign Ministry poked fun at hacker scandal 

Need some election interference? The Russian Foreign Ministry is ready to help — or so it says on April Fools’ Day. On Saturday, the ministry posted

More frustration for Man United in 0-0 draw vs West Brom

  Manchester United endured familiar frustration at Old Trafford by drawing with West Bromwich Albion 0-0 in the English Premier League on Saturday, a damaging

LA, Paris head to 2024 Olympics event unsure of IOC’s goal 

As the IOC moves the goalposts in the 2024 Olympic contest, bid leaders from Los Angeles and Paris head to a campaign event in Denmark tomorrow

World briefs

CHINA’s factory activity ticked up again last month to its highest level in five years, according to an official survey released Friday, in a fresh sign that the world’s

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