Friday, August 31, 2018

Malaysia#39;s AirAsia drops joint venture plan to set up base in China

Malaysia#39;s AirAsia drops joint venture plan to set up base in China The Malaysian airline had signed a preliminary agreement last year with Chinese state-backed financial firm Everbright Group and Henan province to set up a low-cost aviation base in Zhengzhou.

from Moneycontrol Business News https://ift.tt/2ooSelP

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Global Market Today: Asian stocks hit record highs, oil heads for weekly loss

Asian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflatio...