Grab to Invest $100 Million in Myanmar as Smartphone Use Surges

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Grab to Invest $100 Million in Myanmar as Smartphone Use Surges

Start your day with what's moving markets in Asia. Sign up here to receive our newsletter. Grab, Southeast Asia's biggest ride-hailing app, plans to
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SoftBank and Fund to Invest $4.4 Billion in WeWork

SoftBank's founder, Masayoshi Son, has been able to raise tens of billions of dollars from the likes of Saudi Arabia and Apple for its Vision Fund.
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Draghi Has Reason to Tone Down the Drama in Jackson Hole Sequel

When Mario Draghi steps up to the podium at Jackson Hole on Friday, he could be forgiven for expressing some satisfaction. It was during his previous appearance at the U.S.
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Samsung heir handed 5-year jail sentence for bribery

Samsung vice chairman and the company's heir apparent Jay Y. Lee is headed to jail after a court in Korean ruled that he is guilty of bribery, embezzlement, capital flight and perjury charges.
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Hurricane Harvey Has All the Ingredients to Become a Monster

Tropical Storm Harvey, which is now a hurricane in the Gulf of Mexico on Aug. 24, 2017. Source: NOAA via EPA. Washington (AP) — Hurricane Harvey
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