Uber CEO Travis Kalanick resigns

CEO and co-founder of Uber Travis Kalanick has resigned from his post amid a number of scandals within the company and growing consumer and investor backlash. 

Jun 22, 2017

Philippines: LT group of companies sees expansion in Southeast Asia

Michaeal Tan, LT Group of companies Director, says it is looking at their beverage business to expand in the ASEAN region.

Jun 21, 2017

Barclays charged with conspiracy to commit fraud over 2008 financial crisis fundraising

The lender and four former executives have all been charged with conspiracy to commit fraud, after a five year investigation into fundraising during the 2008 financial crisis. The charges centre around payments to Qatari investors, during Barclays £11.8bn ($14.9bn) fundraising to avoid being bailed out in 2008.

Jun 20, 2017

After decades of accusations, Bill Cosby awaits verdict in sexual assault case

After decades of accusations, dozens of alleged sex crime victims await Bill Cosbys verdict in the sexual assault case Constand v. Cosby. 

Jun 17, 2017

LGBT men from Chechnya arrested and tortured because of their sexuality

Two men from Chechnya said they were detained by police and subjected to torture and beatings because they were homosexual, which is considered a crime by some in their deeply conservative region of Russia. 

Jun 17, 2017

Amazons Jeff Bezos asked Twitter for philanthropy ideas and Twitter responded

Amazon founder and CEO Jeff Bezos wanted ideas for philanthropy. So he sent a tweet to his more than 220,000 followers, asking for suggestions. Here are some of the most interesting answers.

Jun 17, 2017

Singapore's largest bus maker to foray into Myanmar with $30m facility

Singapore SC Auto will be setting up a $30 million facility in Yangon, Myanmar with the help of International Enterprise (IE) Singapore.

Jun 16, 2017

Tigerair to operate under Scoot brand starting July 25

The integrated Scoot fleet will comprise Boeing 787 Dreamliner and Airbus A320-family aircraft.

Jun 16, 2017

GE CEO Jeff Immelt steps down

General Electrics Jeff Immelt, CEO since 2001, is stepping down. He will be replaced by John Flannery, who is currently the president of GE Healthcare.

Jun 13, 2017

PropNex forms Singapore's largest property agency with DWG

According to the group, the merger will push PropNex's number of salespersons close to 7,000, with 1,071 coming from DWG.

Jun 12, 2017

Malaysia: Boustead Plantations looks ahead of dwindling crude oil prices, aims at boosting efficiency

The group expects a larger CPO production from next month spanning to early next year with the group posting a surge in its revenue.

Jun 13, 2017

Garuda Indonesia soars above challenges, gears up for growth

Antara News quoted Garuda Indonesia President Director, Pahala N Mansury, saying that the airline would focus on performance improvement.

Jun 12, 2017

Malaysia: Sapura Energy earns 'outperform' call following contracts worth RM879m

Sapura Energy was given an "outperform" call with a target price of RM2.08.

Jun 9, 2017

Malaysian palm oil giant suspends CEO and CFO, probe launched over PwC findings

In a statement issued to Bursa Malaysia, the company said it could continue its business as usual.

Jun 6, 2017

CapitaLand acquires Guozheng Center as it ditches Innov Tower in Shanghai

According to CapitaLand President and Group CEO Lim Ming Yan, this goes to show that China continues to be an attractive core market for the group.

Jun 2, 2017