Why being profitable does not always create shareholder value

Why small quakes in Malaysia’s Sabah could be sounding seismic alarms

A series of small earthquakes beneath Keningau, an inland district of Sabah in Malaysian Borneo, is drawing attention to a part of the state where scientists say the faults are poorly understood and the consequences of a larger quake could be devastating. The latest, a magnitude-3.4 tremor on September 3, was felt in several parts of Keningau, prompting staff at the district office to suspend a meeting and move to a designated safe area. No serious damage was reported. The tremor was one of...

BIZ BUZZ: Time’s up for Casanova banker

MANILA, Philippines — What’s hotter than the unnerving foreign exchange and bond price swings in the dealing room these days? It’s the chatter about this high-ranking treasury veteran who’s about to leave (or lose?) his post at a local bank. On one hand, the guy has told some people that he’s quitting because he will never

Fissures over US investments stall plans for Chinese business leaders to join Xi visit

Differences between Washington and Beijing over potential investment announcements have created roadblocks for a Chinese business delegation expected to accompany President Xi Jinping’s state visit to the US, according to sources. The window for travel is narrowing by the hour for these Chinese business leaders, with Xi expected to arrive in Washington by Wednesday. A source familiar with the discussions said Washington and Beijing have yet to resolve their disagreements over the Board of...

China launches its first commercial radio-tracking satellites in electronic warfare leap

China has just taken a quiet but critical step in space-based electronic warfare. A Lijian-1 Y18 rocket lifted off from the Jiuquan Satellite Launch Centre in northern China at noon on Sunday, carrying nine satellites. Among them were three Diting-01 satellites, which successfully entered their planned orbit. The trio is named after Diting, a beast from Chinese mythology that crouches beneath the desk of Ksitigarbha, the bodhisattva of the underworld, and can identify all things simply by...

Apax Leaders English school boss accused of $295M fraud

Nguyen Ngoc Thuy, who ran English language school Apax Leaders, is accused of appropriating VND7.677 trillion (US$295 million) from more than 10,000 people and bribing a business partner to fake his company's revenue.

South Korea’s leader is seeking a new approach to North Korea.

LIVE UPDATES: Impeachment trial of Vice President Sara Duterte

Bookmark this page for Rappler's comprehensive coverage of Vice President Sara Duterte's impeachment trial at the Senate

Singapore's top university loses chemistry chief to year-old Chinese school

Lu Yixin, head of chemistry at the National University of Singapore, will join China's Eastern Institute of Technology in January 2027, the second senior academic to leave Singapore for the school in six weeks.

Vietnam top leader highlights Vietnam-US relations in policy speech at Foreign Policy Association

Vietnam's Party General Secretary and President To Lam delivered a policy speech at the Foreign Policy Association (FPA) in New York on Tuesday morning (local time).

Trump threatens to annihilate Iran as diplomats push for deal at UN

The ongoing conflict has implications for global oil markets and regional security, with Gulf states seeking a security framework involving Iran, amid rising energy costs and political pressures in the US

N Sembilan crisis: AGC rejects state secretary suspension; rival ruler to hold an audience

MB and the state cabinet don't have the authority, it says.

China’s cancer breakthrough on CAR-T cell therapy shows progress

In June, Chinese regulators approved the world’s first CAR-T cell therapy for solid tumour cancers, developed by a drug company based in Shanghai. One month later, at a hospital in the city, a New Zealander with advanced cancer of the stomach and small intestine became the first international patient to receive the breakthrough treatment. Chimeric antigen receptor T-cell therapy, to give it its full name, is a cutting-edge treatment that, until then, had only been approved to treat blood...