Tag: World news
China's Baosteel to buy out Nippon Steel's 50% stake in auto steel venture
BANGKOK -- China’s Baosteel said Tuesday that it will acquire Nippon Steel’s 50% stake in their auto steel joint venture for about $242...
India's Modi focuses on jobs creation in first budget after winning polls
NEW DELHI -- Indian Prime Minister Narendra Modi’s newly formed government presented an annual budget to Parliament that raises spending to generate more...
Stock market today: Asian shares are mixed after Wall Street breaks losing streak
BANGKOK -- Shares were mixed Tuesday in Asia after U.S. stocks closed broadly higher, as Big Tech stocks took back some of their...
South Korean tech giant Kakao's founder arrested in stock price manipulation case
SEOUL, South Korea -- South Korean prosecutors said Tuesday they have arrested the founder of technology giant Kakao Corp. for alleged stock price...
Billion-dollar Mitsubishi chemical plant economically questionable, energy group says
NEW ORLEANS -- A $1.3 billion chemical production facility to be built in Louisiana by Japanese conglomerate Mitsubishi is economically questionable and unnecessarily...
Lawmakers in Nigeria try to resolve rift between authorities and Africa's richest man
ABUJA, Nigeria -- Nigerian legislators on Monday began an investigation into the alleged importation of contaminated fuel into the country, part of efforts...