HONG KONG, April 17 (Reuters) - Morgan Stanley ( MS ) is cutting at least 50 investment banking jobs in the Asia-Pacific region due to a deals slump, two sources with knowledge of the matter said. The layoffs affect around 13% of the Wall Street bank's Asia investment banking workforce of 400 in the region, according to one of the...

(Reuters) - The Telegram messaging app, one of the most popular social media platforms in Ukraine and Russia, will likely cross 1 billion active monthly users within a year, its founder said in remarks published on Tuesday. In a rare interview, Pavel Durov told U.S. journalist Tucker Carlson that the Dubai-based free cloud-based app that allows users to send and...

GUANGZHOU, China (Reuters) - Wu Huazhan's Chinese television factory used to impose minimum orders to manage production efficiently. Times are now so bleak, it will take any order. Foshan Top Winning Import & Export's profit margin has dropped to a wafer-thin 0.5% from 2% some 3-4 years ago, according to Wu, a co-owner of the Guangdong-based factory and one of...

JAKARTA (Reuters) - Apple Inc ( AAPL ) will look into the possibility of building a manufacturing facility in Indonesia, its CEO said on Wednesday after meeting President Joko Widodo. Apple ( AAPL ) CEO Tim Cook arrived in Jakarta on Tuesday, after visiting Vietnam. He met with Jokowi, as the president popularly known, and will be inaugurating an academy...