Business

Silver Traders Brave Red Tape to Capture Indian Premiums

Shipments of silver into India are picking up despite administrative hurdles, as traders seek to capitalize on attractive premiums after a new licensing regime disrupted imports.

Restaurant chain operator Ootoya plans to accelerate expansion overseas

The company currently operates about 140 Japanese restaurants across eight countries and regions, including Thailand, Taiwan and the United States.

Ferrari's first ever electric car sold for record $40m at auction

The Luce's launch drew backlash from some commentators who said it broke from the brand's signature dramatic styling.

Copper Heads Toward Record High on LME as Supply Tensions Build

Copper extended a seven-week rally to head toward a record, with a key price spread on the London Metal Exchange widening to unusual levels in a clear sign of rising competition for short-term supply.

First Philippine rejects KKR proposal to buy stake in power generation unit

Sri Lanka Inflation and Growth to Both Slow Over Rest of Year

Sri Lanka’s inflation is expected to slow back toward the central bank’s target of 5% over the second half of this year and into next year, according to Governor Nandalal Weerasinghe.

SUNU moves to rejig board, accelerates growth

SUNU Assurances Nigeria Plc seeks shareholder approval for board and audit changes, including new directors and auditors, to accelerate growth in Nigeria’s Read More: https://punchng.com/sunu-moves-to-rejig-board-accelerates-growth/

How has John Lee’s promise of a ‘new chapter’ for Hong Kong held up?

It made perfect sense for Hong Kong Chief Executive John Lee Ka-chiu to hold public consultations on both the city’s first five-year plan and the last policy address of his current term at the same time. Many have been putting forward…

Cebu port mulls hiking cargo handling fees

CEBU CITY, Philippines – Due to the surge in fuel prices, there is a plan to increase fees for handling domestic cargo. The Cebu Port Authority (CPA) on Aug. 14 conducted a public consultation on the proposal to impose a 25 percent…

Olympus boss tries to beat buyout firms at their own game

Bob White adopts private equity-style tactics to deflect takeover interest and boost share price

Trump Says He’s Curtailing Drills With South Korea

President Donald Trump said he told the Pentagon to “substantially reduce” joint military exercises with South Korea, citing the cost of the drills and the signal they send to North Korea. Bloomberg's John Herskovitz breaks down the…

CXMT’s Rise to China’s Most Valuable Firm Heralds New Tech Era

CXMT Corp.’s ascent to the pinnacle of Chinese markets heralds a potentially consequential shift away from private-sector giants toward a new generation of hardware companies more closely aligned with Beijing’s strategic ambitions.