BUSINESS

US, Chinese Defence Chiefs Set To Meet In Singapore

The annual Shangri-La Dialogue summit in Singapore has become a barometer of US-China relations in recent years
The US and Chinese defence chiefs were in Singapore on Friday for a major security forum where they are set to hold rare direct talks, with Taiwan and other flashpoint disputes expected to dominate the three-day event.
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Google's investment comes after Microsoft said it would pump billions into Malaysia and other countries in Southeast Asia

Google To Invest $2 Bn In Malaysia: Government

Google will invest $2 billion in Malaysia to house the firm's first data centre in the country, the government said Thursday, making it the latest tech titan to pump cash into the region in search of growth opportunities.
Pharma firm Gilead has been called on to allow for generic versions of its new HIV drug

Pharma Firm Urged To Share New 'Game-changer' HIV Drug

More than 300 politicians, health experts and celebrities on Thursday called for US pharmaceutical giant Gilead to allow cheap, generic versions of a promising new HIV drug to be produced so it can reach people in developing countries most affected by the deadly disease.
Dick Schoof is set to replace Mark Rutte as prime minister of the Netherland's right-wing government

Dick Schoof: Ex-security Boss Tapped For Dutch PM

Dick Schoof is a veteran spy chief known for running tight ships within the Netherlands' immigration and secret service communities -- roles that now landed him the nomination for the country's top job.
Former state monopoly Royal Mail was privatised in 2013.

Royal Mail Owner Accepts Czech Billionaire's Takeover

Former state monopoly Royal Mail was privatized in 2013 and has since seen its core letters business ravaged as consumers increasingly communicate online, which has conversely helped its international parcels business, GLS.
The ANC remains on course to once again become the biggest single party, but three decades after it led South Africa out of apartheid its absolute majority is at risk

South Africans Vote With ANC Rule In Balance

South African voters turned out for a landmark general election on Wednesday, with the ruling ANC's exclusive grip on power in doubt three decades after the advent of democracy.
Samsung is being faced with the first-ever walkout in company history

Samsung Electronics Union Announces First-ever Strike

A major union representing tens of thousands of people at South Korean tech giant Samsung Electronics said Wednesday that workers will go on strike for the first time ever, potentially threatening key global semiconductor supply chains.

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