(Corrects to par value, not market price, in paragraph 3 of Jan. 10 story)HANOI :South Korean conglomerate SK Group plans to sell about a fifth of its holding in Vietnam’s Vingroup starting from next week, a Vingroup filing showed on Friday.With a 6.05 per cent stake, SK’s group financial vehicle SK Investment Vina II PTE is currently the top foreign investor in the Vietnamese group, whose businesses range from property and shopping malls to electric…

Singapore

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JAKARTA: Japan will give Indonesia two high-speed patrol boats, Prime Minister Shigeru Ishiba said Saturday (Jan 11), as Tokyo seeks to boost regional maritime security cooperation in the face of growing assertiveness by China. Ishiba made the pledge during a visit to Jakarta, where he held talks with Indonesian President…

Business

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BENGALURU : India’s Infosys filed a counterclaim against rival Cognizant in a Texas federal court on Thursday, accusing the U.S.-based firm of engaging in anti-competitive practices and poaching key executives. India’s second-largest software company accused Cognizant of anti-competitive practices such as including clauses in contracts that stop clients from awarding…

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