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Asian Business Headlines at 6:11 p....

Asian Business Headlines at 6:11 p.m. GMT

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Trump Jr: 'Nonsense' that family's profiting from presidency

Wed, 21 Feb 2018 11:25:39 GMT2018-02-21T11:25:39Z

NEW DELHI (AP) -- Donald Trump Jr. said that any talk of his family profiting from his father's presidency is "nonsense" as he embarked on a trip to India that has raised ethical concerns about using the name of the American president to promote international business ventures....

New Zealand says Pacific trade deal will boost GDP 1 percent

Wed, 21 Feb 2018 07:54:43 GMT2018-02-21T07:54:43Z

WELLINGTON, New Zealand (AP) -- New Zealand estimates a Pacific trade deal would boost its economy by up to 1 percent as exporters would face reduced tariffs on goods like kiwifruit, wine and beef....

Technology companies, banks lead gains for US stocks

Wed, 21 Feb 2018 18:11:31 GMT2018-02-21T18:11:31Z

Gains in technology, banks and industrial companies drove U.S. stocks higher Wednesday as investors sized up the latest company earnings news. Consumer goods companies lagged the most. The latest gains put the market on track to recoup some of its losses from a day earlier....

New Wynn Resorts CEO denies knowing of claims against mogul

Tue, 20 Feb 2018 18:17:36 GMT2018-02-20T18:17:36Z

LAS VEGAS (AP) -- The new CEO of Las Vegas-based Wynn Resorts said he was not aware of any of the sexual misconduct accusations against casino mogul Steve Wynn before they surfaced last month....

Asian retailer Lotte accepts resignation from jailed co-CEO

Wed, 21 Feb 2018 10:36:55 GMT2018-02-21T10:36:55Z

SEOUL, South Korea (AP) -- Asian retail and chewing gum giant Lotte has accepted the resignation of its co-CEO after he was convicted of bribery and embezzlement in a wide-ranging corruption scandal that brought down South Korea's president....

India arrests 11 suspects in $1.8 billion bank fraud case

Tue, 20 Feb 2018 18:35:02 GMT2018-02-20T18:35:02Z

NEW DELHI (AP) -- India's federal investigating agency on Tuesday arrested another five executives as it swooped down on companies run by two main suspects in an alleged $1.8 billion bank fraud case that continued for six years....

Forget tourism: Pyeongchang's legacy probably debt and anger

Tue, 20 Feb 2018 05:54:58 GMT2018-02-20T05:54:58Z

PYEONGCHANG, South Korea (AP) -- The equation was supposed to be simple. To build a world-class ski destination, simply add the Olympics and wait....

HSBC annual profit rises as Asian growth drives earnings

Tue, 20 Feb 2018 06:28:59 GMT2018-02-20T06:28:59Z

HONG KONG (AP) -- HSBC said Tuesday that profits rose on strong earnings from Asia, in the latest sign that the London-based global bank's restructuring to focus even more on the region is paying off....

Thai protesters win agreement for new reviews of coal plants

Tue, 20 Feb 2018 08:29:01 GMT2018-02-20T08:29:01Z

BANGKOK (AP) -- Thailand's energy minister told protesters Tuesday that the health and environmental impacts of two planned coal-fired power plants in the south will be reassessed impartially, an announcement the group termed a victory....

Pacific cruise liner brawl sends guests fleeing to cabins

Sun, 18 Feb 2018 05:13:16 GMT2018-02-18T05:13:16Z

MELBOURNE, Australia (AP) -- A South Pacific cruise was interrupted by brawls apparently caused by a 23-member family who threw punches at other passengers, some of whom said they locked themselves in cabins to escape three days of violence....