SingPost is shifting its business focus from traditional mail services to e-commerce logistics.

Singapore Post

Postal services group takes majority stake in U.S. company to expand in e-commerce logistics

SINGAPORE -- Singapore Post announced on Friday it will acquire a 71.1% stake in U.S.-based e-commerce logistics provider Jagged Peak for $15.8 million, expanding its footprint into America. The acquisition will be made through a newly-formed sub...

Accounting scandal

Ready to swing the ax?: Toshiba chief hints at job cuts in laggard segments

TOKYO -- Toshiba may resort to layoffs in its personal computer, appliance and other slump...

Asean Business File

Total's new plant: Singapore becomes lubricant hub

SINGAPORE -- Total, the French oil and gas conglomerate, on Friday opened a lubricant oils...


Huge inflow on the way: Norway's oil fund to invest in real estate in Japan

TOKYO -- Norway's sovereign wealth fund will start investing in Japanese real estate, aimi...