philips trims losses stops selling sleep devices in us

Philips trims losses, stops selling sleep devices in US

Under-fire Dutch medical device maker Philips said Monday it would halt new sales of sleep machines in the US after a series of recalls that continued to weigh on results.
global stocks mixed amid varied wall street earnings results

Global stocks mixed amid varied Wall Street earnings results

Global stock markets treaded water on Tuesday as investors eyed a raft of corporate earnings for clues as to whether growing optimism for the US economy this year is warranted.
vng withdraws its filing for us ipo

VNG withdraws its filing for US IPO

Vietnam's digital stalwart VNG has withdrawn its initial public offering (IPO) registration in the United States, according to a regulatory filling to the US Securities and Exchange Commission.
us fed official says premature to expect rate cuts soon

US Fed official says 'premature' to expect rate cuts soon

The US Federal Reserve's fight against inflation is far from over and it is "premature" to expect rate cuts around the corner, a senior US central bank official said Friday.
us fed rate cuts could come before third quarter official

US Fed rate cuts could come before third quarter: official

The US Federal Reserve could begin cutting interest rates "sooner than the third quarter" of this year, a voting member of the central bank's rate-setting committee said Thursday.
us fed within striking distance of inflation target official

US Fed 'within striking distance' of inflation target: official

The US Federal Reserve is "within striking distance" of reaching its long-term inflation target and could begin cutting interest rates this year, a senior official said Tuesday.
the us ecolab opens new manufacturing plant in vietnam

The US' Ecolab opens new manufacturing plant in Vietnam

On January 12, Ecolab, an American-listed company offering water, hygiene, and infection prevention solutions, announced the grand opening of its new cutting-edge manufacturing plant in Ho Nai Industrial Park in the southern province of Dong Nai.
exchange rate fluctuations set to carry on this year

Exchange rate fluctuations set to carry on this year

While the most difficult times for exchange rates may be in the rearview mirror, the recovery path is uneven and caution is required.
boeing hit by new headwinds in recent mid flight scare

Boeing hit by new headwinds in recent mid-flight scare

A mid-air emergency in which a piece of fuselage came off a Boeing 737 MAX 9 jetliner as it flew over the US west coast dealt a new blow to the oft-beleaguered manufacturer.
boeing shares lower as it urges 737 max inspections

Boeing shares lower as it urges 737 MAX inspections

Boeing shares fell Thursday after the US aviation giant said its 737 MAX aircraft should be inspected to check for loose hardware on plane rudder control systems.
apple wins watch ban pause in us patent feud

Apple wins watch ban pause in US patent feud

A federal court handed Apple a victory on Wednesday by suspending a ban on the US sale of its latest watch models in a feud over patents with health company Masimo.
asian stocks trade higher on fed rate hopes

Asian stocks trade higher on Fed rate hopes

Asian stocks were largely higher on Thursday, with Hong Kong leading the gains as investors worked on expectations the US Federal Reserve will cut rates next year.
groundbreaking policies required for telecoms sector

Groundbreaking policies required for telecoms sector

The newly adopted revised Telecommunications Law will create better conditions for businesses to invest in the sector. Vu Tu Thanh, deputy regional managing director for Vietnam at the US-ASEAN Business Council, spoke with VIR’s Bich Thuy about the needs to increase local attractiveness and competitiveness.
vietnam rolls out red carpet for us chip giants investment

Vietnam rolls out red carpet for US chip giant’s investment

Vietnam boasts huge potential to develop semiconductor and AI industries, and pledges to create favourable conditions for NVIDIA corporation, a leading chip producer in the US, Minister of Planning and Investment Nguyen Chi Dung said on December 11.
warburg pincus jeffrey perlman named chairman of us asean business council

Warburg Pincus' Jeffrey Perlman named chairman of US-ASEAN Business Council

On December 8, the US-ASEAN Business Council announced the election of Jeffrey Perlman, president of Warburg Pincus, as the 13th chairman of the Board of Directors.