Corporate News

Global stocks mostly rise amid upbeat corporate earnings

Apr 24, 2018

Global stocks are mostly higher as company earnings reports continue to largely beat expectations, suggesting the economy remains strong despite concerns about trade

Chipmaker SK Hynix reports 64 percent jump in 1Q earnings

Apr 24, 2018

SK Hynix Inc. says its first-quarter net profit has surged 64 percent over a year earlier thanks to robust memory chip prices

US brands suffer collateral damage in Chinese corporate war

Apr 23, 2018

Executives tell AP their companies were punished by Alibaba after they refused to enter exclusive partnerships with the Chinese e-commerce giant, which denies wrongdoing

GM, Korean union reach tentative agreement on wages, workers

Apr 23, 2018

GM, SKorean union reach tentative agreement on cost cutting, new car models for GM Korea factories

Korean Air heiresses to resign as smuggle probe widens

Apr 23, 2018

Korean Air Lines says daughters of chairman to resign over smuggling probe, scandals

At war with Alibaba: Top brands fight China e-commerce giant

Apr 23, 2018

Executives tell AP their companies were punished by Alibaba after they refused to enter exclusive partnerships with the Chinese e-commerce giant, which denies wrongdoing

China auto show highlights industry's electric ambitions

Apr 22, 2018

Global automakers are showcasing their efforts to create electric cars for China's fast-growing but crowded market at their industry's biggest show of the year

Thai court acquits northeastern gold mine protesters

Apr 19, 2018

A court in Thailand has found seven environmental activists not guilty of violating a law on public gatherings that imposes severe penalties for actions that disrupt public services

Japan finance official denies sexual misconduct allegation

Apr 19, 2018

Japan's vice finance minister has denied sexual misconduct allegations against him and challenged a TV station's report that its employee was a victim

China: Qualcomm plan 'has difficulty' resolving concerns

Apr 19, 2018

The Chinese government says Qualcomm Inc.'s plan for its $44 billion acquisition of NXP Semiconductors 'has difficulty' resolving concerns of anti-monopoly regulators