Wed02212018

LAST_UPDATEWed, 21 Feb 2018 12am

Google's Parent Company Announces Resignation Of Its Chairman

Eric Schmidt.

SAN FRANCISCO -- Alphabet, the parent company of US tech giant Google, announced Thursday that Eric Schmidt is stepping down as executive chairman of the board of directors in Jan 2018.

Read more: Google's Parent Company Announces Resignation Of Its Chairman

Samsung, KT Launch LTE-R Network For New Bullet Train Line

SEOUL -- Samsung Electronics Co said Thursday it has joined hands with No. 2 mobile carrier KT Corp to provide a next-generation communications network for a new bullet train line that serves a key Olympic venue, South Korea’s Yonhap news agency reported.

Read more: Samsung, KT Launch LTE-R Network For New Bullet Train Line

Short-Term Rates To Remain Stable On BNM's Intervention

KUALA LUMPUR -- Short-term rates are expected to remain stable today with Bank Negara Malaysia (BNM) intervening to absorb excess liquidity from the financial system.

Read more: Short-Term Rates To Remain Stable On BNM's Intervention

Louis Vuitton Opens Airport Boutique In Singapore, The First In Southeast Asia

Pic: Shutterstock

Iconic fashion house Louis Vuitton has opened the doors to its first ever airport store in Southeast Asia in Singapore’s Changi airport.

Read more: Louis Vuitton Opens Airport Boutique In Singapore, The First In Southeast Asia

Upbeat U.S. Data Lifts Stocks, Euro Slips On Catalan Vote

TOKYO: Asian stocks edged up on Friday on new data pointing to steady growth in the U.S. economy, while the euro slipped after a vote in Catalonia favored separatists wanting to break away from Spain.

Read more: Upbeat U.S. Data Lifts Stocks, Euro Slips On Catalan Vote

Facebook, Universal Music Strike Multi-Year Licensing Deal

Pic: ReutersFacebook Inc and Universal Music Group on Thursday announced a global agreement that will enable users to upload videos featuring music from Universal’s library across the social media network as well as Instagram and Oculus.

Read more: Facebook, Universal Music Strike Multi-Year Licensing Deal

Bleak Outlook For Airbus A380

Pic: NST

KUALA LUMPUR: The future of the world’s largest commercial airplane, the Airbus A380, continues to look bleak in just 10 years of being in service.

Read more: Bleak Outlook For Airbus A380

Japan-EU Trade Deal Seen Boosting Japan's GDP By 1 Percent Per Year Over Time

Pic: Reuters

TOKYO - A free trade deal with the European Union would boost Japan’s gross domestic product (GDP) by 1 percent annually once the benefits fully kick in over 10-20 years, a government estimate showed on Thursday.

Read more: Japan-EU Trade Deal Seen Boosting Japan's GDP By 1 Percent Per Year Over Time

Citi's Asia Pacific Clients Prefer Mobile Banking In 2017

KUALA LUMPUR: Mobile Banking overtook other digital channels in 2017 to become the preferred channel used by Citi’s Asia Pacific clients.

Read more: Citi's Asia Pacific Clients Prefer Mobile Banking In 2017

Honda, Nissan Developing Solid-State Batteries For EVs - Report

Pic: ReutersTOKYO: Japan’s Honda Motor Co and Nissan Motor Co are developing all solid-state batteries for electric vehicles (EVs), Kyodo News reported on Thursday.

Read more: Honda, Nissan Developing Solid-State Batteries For EVs - Report