Foreign Business

Credit to Author: AGENCE FRANCE-PRESSE| Date: Wed, 27 Mar 2019 16:32:40 +0000

SEOUL: The head of South Korea’s flag carrier Korean Air — whose family have been embroiled in multiple scandals including one involving a “nut rage” tantrum — lost his board seat…READ

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Credit to Author: AGENCE FRANCE-PRESSE| Date: Fri, 11 Jan 2019 16:35:18 +0000

TOKYO: Tokyo prosecutors on Friday filed two new charges of financial misconduct against former Nissan chief Carlos Ghosn, meaning the auto tycoon is unlikely to be leaving his jail cell…READ

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Credit to Author: AGENCE FRANCE-PRESSE| Date: Fri, 11 Jan 2019 16:33:40 +0000

HONG KONG: The upbeat tone that characterised this week helped Asian markets to fresh gains on Friday, with Hong Kong chalking up a sixth straight day of rises. Investors globally…READ

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Credit to Author: AGENCE FRANCE-PRESSE| Date: Fri, 11 Jan 2019 16:32:00 +0000

TOKYO: Japan said Friday it will have to amend its upcoming budget to fund compensation for people whose benefits were underpaid for years because of a scandal involving erroneous labour…READ

The post Japan forced to amend budget over faulty data appeared first on The Manila Times Online.

Credit to Author: AGENCE FRANCE-PRESSE| Date: Fri, 11 Jan 2019 16:30:10 +0000

WASHINGTON, D.C.: Already-jittery US stock markets temporarily shot lower on Thursday following another remark from Federal Reserve Chairman Jerome Powell. The central bank chief has been unusually outspoken in recent…READ

The post Fed’s Powell unsettles markets again – briefly appeared first on The Manila Times Online.

Credit to Author: AGENCE FRANCE-PRESSE| Date: Fri, 11 Jan 2019 16:28:55 +0000

PARIS: Ride-hailing giant Uber has lost an appeal in France brought by a former driver who wanted his terms of employment recognized as a fully-fledged work contract. Fabien Masson, a…READ

The post French court rules against Uber in employment case appeared first on The Manila Times Online.

Credit to Author: AGENCE FRANCE-PRESSE| Date: Sun, 30 Dec 2018 16:11:46 +0000

WASHINGTON, D.C.: Both the US and China spoke of progress Saturday after telephone talks between their leaders over a trade war that has rattled global markets. “Just had a long…READ

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Credit to Author: AGENCE FRANCE-PRESSE| Date: Fri, 07 Dec 2018 17:46:13 +0000

TOKYO: Nissan on Friday announced plans to recall approximately 150,000 vehicles owing to improper tests on new units, dealing a fresh blow to the Japanese car giant following the shock…READ

The post Nissan to recall 150,000 cars due to improper tests appeared first on The Manila Times Online.

Credit to Author: AGENCE FRANCE-PRESSE| Date: Fri, 07 Dec 2018 17:45:07 +0000

BEIJING: Chinese state-run media on Friday condemned the arrest in Canada of a top executive of telecommunications giant Huawei on a US extradition request as a “despicable rogue’s approach” to…READ

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Credit to Author: AGENCE FRANCE-PRESSE| Date: Fri, 07 Dec 2018 17:43:13 +0000

SAO PAULO: A Brazilian federal court on Thursday suspended a proposed $4.75-billion tie-up between US aerospace giant Boeing and the civilian business of Brazilian plane-maker Embraer pending the government of…READ

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