Business

U.S. President Donald Trump wants South Korea to pay for the $1 billion Terminal High Altitude Area Defence (THAAD) system.

By James Pearson SEOUL (Reuters) - U.S. President Donald Trump's suggestion that Seoul pay for the THAAD advanced U.S. missile defence system would be an "impossible option," a top foreign policy adviser to South Korean presidential frontrunner Moon Jae-in said on Friday. Trump told Reuters in an interview on Thursday …

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Old Mutual on track to complete its break-up

LONDON (Reuters) - Anglo-South African financial services group Old Mutual is selling its 26 percent stake in an Indian insurance joint venture for 156 million pounds, as part of the group's planned break-up into four parts. Old Mutual sold the stake in Kotak Mahindra Old Mutual Life Insurance to its …

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China is targeting 35 million vehicle sales by 2025

BEIJING/SHANGHAI (Reuters) - China is targeting 35 million vehicle sales by 2025 and wants new energy vehicles (NEVs) to make up at least one-fifth of that total, the industry ministry said on Tuesday. The Ministry of Industry and Information Technology said in a market "road map" that China's urbanization drive …

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Dare to dream and live fearlessly

Johannesburg, 10 November 2016: Entrepreneur Rakesh Wahi; Chairman of CMA Investment Holdings, founder of CNBC Africa and Forbes Africa, Murdoch University Dubai and Lancaster University Ghana this month released his autobiography titled “Be a lion: Dare to dream and live fearlessly”. Yesterday Wahi led a panel discussion featuring the current …

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