Thailand’s Siam Cement profits from Southeast Asia demand
BANGKOK: Siam Cement Pcl, Thailand’s largest industrial conglomerate, is finally catching up with the capacity it overbuilt before the Asian…
Browsing: Business
US economy loses step in Q2, expects to regain momentum
WASHINGTON: US economic growth likely slowed sharply in the second quarter, but it is poised to regain momentum as the…
Germany’s Siemens to settle leadership uncertainties
BERLIN: German engineering giant Siemens is due to dramatically oust its chief executive and immediately replace him to help restore…
Facebook stock almost hits IPO price, 14 months after rocky 2012 debut
SAN FRANCISCO: Facebook Inc’s stock came within a hair of reclaiming its US$38 debut price for the first time since…
Nintendo swings back to profit of $88 mn
Japan’s Nintendo said Wednesday it swung to a net profit of $88 million in the three months to June as…
Chinese workers strike over takeover of US tyre maker
BEIJING: More than 5,000 Chinese workers at a Sino-US joint venture tyre manufacturer have gone on strike against the American…
Toshiba swings to quarterly profit
Japan’s Toshiba on Wednesday reported $54 million in net profit for the April-June quarter, reversing a quarterly loss a year…
India’s central bank governor set to ‘move on’, seeks successor
MUMBAI: India’s central bank governor has decided to ‘move on’ and a hunt for his successor is underway, the country’s…