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Archive for the ‘Business’ Category
China blasts ‘absurd’ US charges of cyber espionage

China blasts ‘absurd’ US charges of cyber espionage

Atty. Gen. Eric H. Holder Jr. unveils charges against five Chinese military officers accused of economic espionage and other offenses related to computer hacking. (19 May)   Chinese government officials on Monday strongly rebuked the U.S. over its claims of cyber-spying by five Chinese military officers, saying the Justice... 

GIC increases stake in pinoy hospital opeator

GIC increases stake in pinoy hospital opeator

(16 May)   The private equity arm of Singaporean sovereign wealth fund GIC has agreed to buy a minority stake in the hospital unit of Philippine conglomerate Metro Pacific Investments Corp (MPIC) for P3.7 billion ($85 million). MPIC, in a filing to the stock exchange on Friday, said GIC had agreed to buy 14.4 percent of its... 

Singapore summons Vietnam envoy

Singapore summons Vietnam envoy

(14 May)   Singapore’s Foreign Ministry on Wednesday summoned the Vietnamese envoy to express strong concern over violent protests the previous day at two industrial parks in Vietnam operated by Singapore. “Singapore views this issue very seriously given our close economic cooperation with Vietnam,” the ministry... 



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