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Asia Pacific

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China’s Lenovo profit plunges 64%, misses estimates sharply
China's Lenovo posts quarterly profit, short of estimates, shares slip

BEIJING, China: China's Lenovo reported a steep 64 percent drop in fourth-quarter profit, falling significantly short of analyst expectations...

Remembering kids that have vanished in Australia over many years
The very young Australians who go missing each year, remembered

Leela found joy in dancing. Megan loved the freedom of ice skating. Ronya was always singing along to pop songs. Cherie's favourite...

Aussie firms upbeat on China outlook despite trade tensions
Australian exporters keen on doing business in China despite trade war

SYDNEY, Australia: Australian businesses are feeling optimistic about their prospects in China despite escalating global trade tensions,...

Police seize Sydney pharmacist's assets as part of fraud probe
Sydney pharmacist has luxury mansion, cars frozen by AFP

SYDNEY, Australia - A pharmacist has been charged after allegedly defrauding the Pharmaceutical Benefits Scheme (PBS) of more than...

Honda pivots to hybrids amid slowing EV demand

TOKYO, Japan: Honda is shifting gears on its electric vehicle (EV) strategy, opting to prioritize hybrids as demand for full battery-powered...

Declining popularity of karaoke among youth reveals China's evolving social soundtrack
Declining popularity of karaoke among youth reveals China's evolving social soundtrack

BEIJING, May 28 (Xinhua) -- The neon-lit karaoke parlors that dot Chinese cities were once a top choice among the country's exuberant...

Business

Section
China’s Lenovo profit plunges 64%, misses estimates sharply
China's Lenovo posts quarterly profit, short of estimates, shares slip

BEIJING, China: China's Lenovo reported a steep 64 percent drop in fourth-quarter profit, falling significantly short of analyst expectations...

Economic data gives welcome relief to Wall Street
Dow Jones soars 741 points on robust consumer confidence

NEW YORK, New York - Strong economic data jump-started U.S. stocks and the dollar Tuesday, a welcome reprieve after weeks of pressure...

PepsiCo cleared in FTC case over Walmart discounts
FTC drops price bias lawsuit against PepsiCo

NEW YORK CITY, New York: This week, the U.S. Federal Trade Commission (FTC) dropped its lawsuit against PepsiCo, which had accused...

Builder discounts drive sales spike, but housing outlook wary
April US new home sales hit 3-year high amid price cuts

WASHINGTON, D.C.: New single-family home sales in the U.S. rose sharply in April to their highest level in over three years as builders...

CEO says health push weakened Nestle, vows return to F&B roots
Nestle refocuses on core food business after diversification misstep

VEVEY, Switzerland: Nestle is realigning its focus on its core food and beverage operations after expanding into areas like health...

Ford sues California law firms over alleged Lemon Law fee fraud
Ford accuses law firms of fraud, including billing 57-1/2 hour workday

DEARBORN, Michigan: Ford Motor Company has filed a lawsuit against several California lawyers and law firms, accusing them of cheating...

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