Subscribe: Channel NewsAsia Business News
Added By: Feedage Forager Feedage Grade A rated
Language: English
banks  billion  business  buy  cash  companies  deal  financial crisis  financial  government  industry  market  new  time warner  time  warner 
Rate this Feed
Rate this feedRate this feedRate this feedRate this feedRate this feed
Rate this feed 1 starRate this feed 2 starRate this feed 3 starRate this feed 4 starRate this feed 5 star

Comments (0)

Feed Details and Statistics Feed Statistics
Preview: Channel NewsAsia Business News

Channel NewsAsia Business News

Latest Channel NewsAsia Business News


Italy's Monte dei Paschi set to approve business plan

Mon, 24 Oct 2016 10:05:13 GMT

Italy's Monte dei Paschi di Siena prepared to unveil a capital-boosting and business plan on Monday under new chief Marco Morelli, as its shares extended a week-long rally buoyed by the prospect of an alternative rescue scheme.

Star Entertainment CEO cancels Macau trip after Crown arrests in China

Mon, 24 Oct 2016 09:50:27 GMT

Australia's second-largest casino company, Star Entertainment Group Ltd , said its CEO canceled a trip to Hong Kong and Macau last week after employees of peer Crown Resorts Ltd were held in China for suspected "gambling crimes".

Companies supporting Bersih rally to be blacklisted from govt contracts: Malaysian minister

Mon, 24 Oct 2016 09:50:39 GMT

Mr Abdul Rahman Dahlan said he will instruct the Economic Planning Unit and those in charge of Public Private Partnership to vet backgrounds of companies applying for government contracts and blacklist those that support the rallies.  

UK banks fear public, politicians set against them on Brexit

Mon, 24 Oct 2016 08:40:31 GMT

For decades, Britain's bankers have relied on their industry's outsized status in the economy to find a receptive ear in government.

US government, MetLife set for rematch over 'too big to fail'

Mon, 24 Oct 2016 05:40:17 GMT

The U.S. government and the country's largest life insurer are set for a rematch in a U.S. appeals court on Monday over how federal regulators decide a company is "too big to fail," one of the most significant reforms to come out of the financial crisis.

Boeing takes on peers, partners in bid for replacement parts business

Mon, 24 Oct 2016 05:30:14 GMT

In search of higher profits margins, Boeing Co is aiming to win more of the lucrative market for replacement parts and repair services, pitting the plane maker against major suppliers who view that growing US$62 billion a year market as their turf.

Regulators taking another look at costs of Wall Street safety rule

Mon, 24 Oct 2016 05:25:13 GMT

Just as memories of the financial crisis are fading and tough new banking regulations are beginning to bite, some current and former regulators wonder whether one of the rules is too much of a burden for markets and taxpayers.

Consumer prices fall for 23rd straight month in September, but pace still slowing

Mon, 24 Oct 2016 05:10:38 GMT

Consumer price index (CPI) fell 0.2 per cent last month, compared to 0.3 per cent the month before, which mainly reflected the smaller decline in private road transport costs and, to a lesser extent, higher food inflation. 

Pavilion Gas, Shell appointed as new LNG importers for Singapore

Mon, 24 Oct 2016 02:50:47 GMT

The two companies were selected as they offered reliable, flexible and competitively priced liquefied natural gas supplies, says Trade and Industry Minister (Industry) S Iswaran.

Changi Airport passenger traffic in September lowest this year

Mon, 24 Oct 2016 02:50:38 GMT

Changi Airport saw 4.58 million passengers pass through its gates last month, which is a 3.7 per cent increase from the previous year. 

Oceanwide to buy US insurer Genworth for US$2.7 billion, extends Chinese M&A push

Mon, 24 Oct 2016 05:20:17 GMT

China Oceanwide Holdings Group Co has agreed to buy U.S. insurer Genworth Financial Inc for US$2.7 billion in cash, the latest in a series of moves by Chinese firms to buy overseas assets as their domestic economy slows and the yuan weakens.

Companies urged to use multiple vendors in wake of cyber attack

Mon, 24 Oct 2016 01:45:13 GMT

Companies can reduce the risk from the type of cyber attack that took out major websites on Friday by using multiple vendors for the critical internet service known as a domain name service, or DNS, companies and security experts said on Sunday.

Spain leads Europe higher on breakthrough for PM Rajoy

Mon, 24 Oct 2016 09:40:31 GMT

Stock markets rose on Monday, led in Europe by a surge for Spain's IBEX index on signs of an end to 10 months of political deadlock that has paralyzed government in one of the countries worst-hit by the euro zone's debt crisis.

Wells Fargo's corporate responsibility chair resigns from private equity firm

Mon, 24 Oct 2016 00:15:12 GMT

Federico Pena, a member of Wells Fargo’s board of directors and chairman of its corporate responsibility committee, has resigned from an advisory position with Vestar Capital Partners, a private equity firm.

US options market not very 'Trumped up' ahead of vote

Mon, 24 Oct 2016 00:10:18 GMT

Prospects that the presidential election will inject a hefty dose of volatility into U.S. stock markets are fading fast as Republican Donald Trump's victory odds lengthen.

TD Ameritrade to buy Scottrade Financial in US$4 billion deal

Mon, 24 Oct 2016 10:20:25 GMT

TD Ameritrade Holding Corp said on Monday it would buy privately held Scottrade Financial Services Inc in a cash-and-stock deal valued at US$4 billion.

For AT&T, Time Warner was always on the menu

Sun, 23 Oct 2016 22:20:15 GMT

When Time Warner Inc's Jeff Bewkes welcomed AT&T Inc's Randall Stephenson for lunch at Time Warner Center in New York in late August, their meeting was supposed to be one of the catch-ups the two chief executives have had over the years.

Swiss billionaire fined US$4m over undeclared artwork

Sun, 23 Oct 2016 17:41:13 GMT

Swiss customs authorities have slapped a billionaire with a US$4 million fine for failing to properly declare some 200 artworks imported into Switzerland, according to media reports confirmed by officials on Sunday.

Rockwell broadens its reach with US$6.4 billion purchase of B/E Aerospace

Sun, 23 Oct 2016 22:25:19 GMT

After two years of looking to expand, aircraft component maker Rockwell Collins Inc has struck a deal to buy aircraft interior maker B/E Aerospace Inc for US$62 a share in cash and stock, the companies said on Sunday.

Banks readying to leave Brexit Britain: Lobby group

Sun, 23 Oct 2016 16:00:00 GMT

International banks based in Britain are readying to relocate some operations outside of the country in 2017, fearing post-Brexit uncertainty, the director of a powerful banking lobby said on Sunday.

AT&T-Time Warner deal sparks calls for scrutiny in Washington

Mon, 24 Oct 2016 00:10:11 GMT

AT&T Inc's proposed US$85 billion takeover of Time Warner Inc generated skepticism among both Democrats and Republicans on Sunday, making it more likely that regulators will closely scrutinize the effort to create a new telecommunications and media giant.

Oil price down cycle 'nearing end': Saudi minister

Sun, 23 Oct 2016 15:30:00 GMT

Saudi Oil Minister Khalid al-Falih said Sunday that the current down cycle of crude prices is close to an end as market fundamentals improve.

Senate committee on antitrust to 'carefully examine' AT&T-Time Warner deal

Sun, 23 Oct 2016 15:00:35 GMT

An acquisition of Time Warner Inc by AT&T Inc. could raise significant antitrust issues that the U.S. Senate committee on antitrust would carefully examine, the chairman and ranking member of the committee said Sunday.

GM to add SUV production line at China JV in 2017: Xinhua

Sun, 23 Oct 2016 14:50:13 GMT

General Motors Co plans to launch a new SUV production line at its joint venture factory in the Chinese central city of Wuhan during the first half of 2017, the official Xinhua News Agency reported on Sunday, citing company sources.

Italy's front line in fight to save banks: a storage room

Sun, 23 Oct 2016 12:55:17 GMT

Storage rooms crammed with loan documents have emerged as a hidden front line in Italy's battle to save its banks from the threat of financial crisis.

AT&T-Time Warner may signal start of new media industry consolidation

Sun, 23 Oct 2016 21:40:13 GMT

The tie-up of AT&T Inc and Time Warner Inc , bringing together one of the country's largest wireless and pay TV providers and cable networks like HBO, CNN and TBS, could kick off a new round of industry consolidation amid massive changes in how people watch TV.

In insurance Big Data could lower rates for optimistic tweeters

Sun, 23 Oct 2016 08:20:17 GMT

When people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing their monthly insurance bill is probably the last thing on their mind.

Vietnam to list beer companies in quest for cash

Sun, 23 Oct 2016 06:26:49 GMT

Sloshed back at rowdy open-air establishments day and night, beer is Vietnam's tipple of choice and now its cash-strapped government is drawing on the nation's penchant for lager to raise billions of dollars by selling stakes in state-owned brewers.

Canada-EU failure signals more bad news for free trade deals

Sun, 23 Oct 2016 05:19:28 GMT

The collapse of free trade talks between Canada and the European Union is yet another sign of increasingly stiff resistance to economic globalization.

Indonesian nationalism takes a bite out of Apple

Sun, 23 Oct 2016 04:48:23 GMT

Apple is battling to gain a foothold in Indonesia after nationalistic regulations hit the US tech giant's efforts to compete in the booming emerging market against Samsung and other rivals.