Kyunghee Park

Online travel agent Zuji shuts down operations in Singapore, Hong Kong

Uriel Aviation Holdings bought Zuji from Australia’s Webjet in 2016.

AirAsia’s China plans in limbo after deal with local partners fails to take off

AirAsia said a preliminary agreement signed last year for a venture with China Everbright Group and the Henan government has lapsed and won’t be extended.

In driverless public transport race, Singapore builds mini city for testing

There are now more than 10 companies testing vehicles at the facility at Nanyang Technological University in the west of Singapore

Malaysia scraps multibillion-dollar high-speed rail project to Singapore

The decision would deal a setback to construction and rail companies in Asia, including those from China and Japan, that are keen to gain a slice of orders.

Hyundai Heavy Industries plunges by record on $1.2b sale plan

The fundraising plan comes as Hyundai Heavy and other shipyards struggle with declining orders amid overcapacity and weak oil prices, forcing companies to reform and spin off some businesses.

Qatar Airways agrees to buy 9.6% stake in Cathay Pacific for $662m

The purchase is the first by the Middle Eastern airline in an Asian carrier.

China takes lead in Pacific shipping with $6.3b Cosco-Orient deal

China is the new leader of shipping trade to the Americas.

Hyundai Heavy Industries’ $11b four-way split paves way for more deals

It would facilitate a potential sale of some of the businesses.

Korean Air in talks with Delta for JV

The move would give the second-largest US carrier a bigger foothold in Asia.

S Korea’s Doosan Bobcat cuts IPO size by 60% to $872m in revised offering

Doosan Bobcat Inc., a unit of South Korea’s biggest construction equipment maker, cut the size of a proposed share offering by 60 percent to as much as $872 million and reduced the price to boost demand.