Reuters
Infrastructure
Malaysia's Petronas sets up $350 mn venture capital fund
Malaysia's state energy firm Petronas said on Friday it had set up a $350 million venture capital arm for industrial ......
Finance
HSBC may cut up to 10,000 jobs to slash costs
HSBC Holdings Plc is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce ......
TMT
SoftBank-backed Oyo faces backlash as some hotels cry foul and check out
India's Oyo Hotels and Homes shot out of nowhere to become one of the world's largest hotel chains with a ......
Economy
RBI cuts rates for fifth time in a row, slashes growth forecast
The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, ......
Economy
India's services sector contracts in September on weak demand
India’s dominant services sector slipped into contraction in September as new business orders fell for the first time since early ......
Finance
Goldman Sachs rejigs Asia M&A leadership, names Raghav Maliah co-head
Tech specialists Raghav Maliah and Jung Min have been appointed co-heads of Goldman Sachs' mergers and acquisitions in Asia Pacific ......
Finance
WeWork woes hit Softbank's plans for second Vision Fund
Softbank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in ......
Finance
HDIL chairman Rakesh Wadhawan, son arrested in PMC Bank scam
India arrested the head of a bankrupt realty company on Thursday after lender Punjab and Maharashtra Co-operative Bank (PMC) accused ......
Markets
Sensex slips amid global slowdown worries; banks, metals slide
Indian shares fell on Thursday, dragged lower by banking and metals stocks, as the United States said it would slap ......
Markets
India stock markets priciest in Asia as valuations jump after corporate tax cut
India and Malaysian equities were the most expensive in Asia on Oct. 2, based on their price-to-earnings valuation metrics, according ......
