There has been a steep clump in the deal making market in Asia and this has forced the Goldman Sachs Group Inc. to plan job cuts in the regions, except Japan, to the tune of about 25 percent of the workforce in the investment-banking jobs there, sources in the market with knowledge of the matter...

Yahoo believes that a state-sponsored actor conducted a theft that appeared to be the world's biggest known cyber breach by far resulting in hacking of at least 500 million of its accounts in 2014, the company said.   The company said that names, email addresses, telephone numbers, dates of...

Technology news site Recode reported on Thursday, citing unnamed sources familiar with Yahoo’s plans that the tech company this week will disclose a data breach that compromised the details of several hundred million users.   Yahoo plans to sell its email service and other core internet...

With aim of securing its place at the heart of the burgeoning driverless vehicles industry, a new processor chip that is aimed to be used for driverless cars, was launched on Tuesday by  ARM, the British chip designer that is powering the global mobile phone industry with its chips.  ...

If Alphabet Inc's Google is found to have avoided payments, the search giant could face a bill of more than $400 million for 2015 alone in Indonesia as the government there plans to pursue the company for five years of back taxes, reports Reuters citing a senior tax official.   Its...

The $14 billion bill demand, a shock bill that raises questions about the future of Germany's largest lender would be fought by Deutsche Bank, the bank said. The demand for the fine was made  from the U.S. Department of Justice to settle claims the bank missold mortgage-backed securities....

Brandishing their purchases, flanked by applauding sales staff, the first customers worldwide to snap the new iPhone 7 off the shelves, cheered as they left stores as Apple Inc fans from Sydney to Shanghai joined in the fanfare.   However the crowds of enthusiasts and overnight campers were...

Quoting a senior finance ministry official of Indonesia on Thursday, media reports indicated that for suspected unpaid taxes from billions of dollars worth of advertising revenue, Indonesia's tax office will investigate Alphabet Inc's Google.   Suspicions were raised about Google after the...

As Apple Inc prepares to roll out its new gadget in stores, initial quantities of the iPhone 7 Plus have sold out globally, the company said Wednesday.   While the smaller iPhone 7 has also sold out in the new jet black color, the company said that supplies of the larger size of Apple's new...

The main supplier of batteries for Samsung Electronics Co Ltd's Galaxy Note 7 phones would be China's Amperex Technology Limited (ATL), reported Reuters quoting a person with knowledge of the plans.   After Samsung told customers to switch off and return their new Galaxy Note 7 smartphones...

Among the likely victims of the collapse of South Korean container shipper Hanjin Shipping were Christmas shoppers and Korean correspondents.   Industry data provider Alphaliner placed Hanjin at the seventh largest globally, with 98 ships and a 2.9 percent market share and hence the...