More From M Rochan
Oil prices rise as Libyan conflict could lower supply glut
Armed factions in Libya are battling for control of the Opec member.
Dec 29, 2014
AirAsia Flight QZ8501: Allianz is lead reinsurer to missing jet
German insurer is also the lead liability insurer for Malaysian Airlines, which lost two aircraft earlier this year.
Dec 29, 2014
Japan approves $29bn stimulus package to pull country out of recession
Stimulus package for country's regions aims to pull Japanese economy out of recession.
Dec 27, 2014
Crude oil prices log their fifth straight weekly loss
Supply glut, fuelled by US shale production and weak global demand, hits prices hard.
Dec 27, 2014
Gold price outlook: 2015 could end on a strong note
Gold prices could struggle in the short term and could even break below the 2014 lows in the coming months.
Dec 27, 2014
China's moves challenge India's polished diamond throne
China has dodged a time-honoured trade route by sourcing diamonds directly from African mines.
Dec 26, 2014
China's Dalian Wanda acquires online payments firm 99Bill
Chinese firm 99Bill caters to over two million registered merchants and handles over two million transactions a day.
Dec 26, 2014
Brent pares early gains on rising supply glut and weak demand
US crude oil inventories surprisingly rose by 7.3 million barrels last week, to their highest December level on record.
Dec 26, 2014
China seen adding 13 million jobs in 2014 despite slowdown
China added 10.82 million new jobs in the first nine months of 2014, meeting Beijing's target.
Dec 25, 2014
Kellogg and Abraaj raise pitch for takeover of Egypt's BiscoMisr
Kellogg's bid, for 89.86 Egyptian pounds ($12.6) per share, follows an 88.09 pounds offer by Abraaj Asset Management.
Dec 25, 2014
Japan benefits greatly from oil price fall: BoJ's Haruhiko Kuroda
BOJ chief says oil price fall will help boost corporate profits and allow firms to raise wages.
Dec 25, 2014
India: Modi orders insurance, coal reforms despite political opposition
The orders have to be approved by the parliament within six weeks of the opening of the next session.
Dec 24, 2014
BAE Systems bags US Army contract worth up to $1.2bn
BAE to build a limited number of the armoured vehicles initially to replace the Vietnam War-era M113 APCs.
Dec 24, 2014
Uber CEO Travis Kalanick indicted in South Korea, China city vows crack down
China's Chongqing city to "strike harder" at those who operate illegal transportation services using the Uber app.
Dec 24, 2014
SMBC to buy Citi's Japan retail business for about $332m
Citi's Japanese consumer banking arm has been hit by weak loan demand and falling interest margins.
Dec 24, 2014
India: Government slashes health budget by $947m
The reduction could derail a planned $25bn universal healthcare programme slated for an April 2015 roll out.
Dec 23, 2014
Dalian Wanda float: Asia's largest IPO slips on debut
The Dalian Wanda Commercial Properties IPO is Asia's largest listing for 2014.
Dec 23, 2014
Arab Opec producers see oil prices above $70 by end-2015
Opec producers banking on slowdown in US shale boom and rising demand fuelled by low prices.
Dec 23, 2014
Chinese billionaire Sun Xishuang buys Australia's Hoyts Group
Sun, behind Chinese property group Dalian Yifang, buys Hoyts through his company ID Leisure.
Dec 23, 2014
Dalian Wanda float: Asia's largest IPO may struggle on debut
Markets do not expect a blockbuster first appearance for Dalian Wanda Commercial Properties on Tuesday.
Dec 22, 2014
Uber's business model under attack in China and Taiwan
The Uber app bridges a passenger and a driver, who does not necessarily have a taxi licence.
Dec 22, 2014
Xiaomi raising over $1bn from investors including Singapore's GIC
Funding round led by tech fund All-Stars Investment and includes Russia's DST Global and PE firm Yunfeng Capital.
Dec 22, 2014
Circus giant Cirque du Soleil hires Goldman Sachs to scout for partner
Montreal-based Cirque du Soleil's revenue dropped to $850m in 2013 from $1bn in 2012.
Dec 20, 2014
Crude oil prices log their fourth straight weekly loss
Crude oil prices have dropped some 50% since their peak in June: their steepest fall since the 2008 financial crisis.
Dec 20, 2014
Gold Outlook 2015: Prices could drop to $1,000 an ounce
Gold prices could destabilise over the holidays if the Russian economy deteriorated further.
Dec 20, 2014
European stocks could post strongest week in a year
Benchmark Stoxx Europe 600 poised for a weekly rise of 3%, its strongest advance since late December 2013.
Dec 19, 2014
Thai Union to buy America's Bumble Bee Seafoods for $1.5bn
Deal gives Thai Union, behind Chicken of the Sea tuna, ownership of Bumble Bee, Brunswick and Sweet Sue seafood brands.
Dec 19, 2014
China: Data revision lifts 2013 GDP by $305bn
Revision adds output almost equal to Malaysian economy for 2013.
Dec 19, 2014
Alcatel-Lucent's stock jumps on Nokia merger rumours
But French lawmakers could block any deal as it could trigger some 15,000 job cuts at Alcatel.
Dec 18, 2014
Oil rout threatens projects worth $1tn globally
Analysts say oil price of $65 a barrel in 2015 will trigger the biggest drop in project finance in decades.
Dec 18, 2014
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