Japan’s stock market barely grew for decades. Now it’s booming
Japan's benchmark Nikkei 225 index is at its highest in more than 30 years.
Category Archives: Economy
South Korea loves pork and booze. It wants to be the next halal powerhouse
The East Asian country is setting its sights on the global halal industry after taking film, TV and pop music by storm.
Carmakers at risk of using Uighur forced labour in China, HRW says
Top brands such as General Motors, Toyota and Volkswagen not doing enough to track their supply chains, report says.
Fashion giant H&M pulls ad after claims it sexualised underage girls
Swedish brand apologises after advertisement campaign in Australia prompts backlash online.
After eruption of Indonesia’s Marapi, tourism sector faces safety questions
Local tour guide says hikers should never have been allowed on famous peak in West Sumatra.
Laws, school bans and Sam Altman drama: the big developments in AI in 2023
The past year showcased the hopes and fears around AI as transformative technology went mainstream.
US, China need ‘healthy economic relations’, Yellen says
United States Treasury Secretary Janet Yellen accuses Chinese firms of supplying Russia equipment for war in Ukraine.
FTX’s Bankman-Fried admits ‘mistakes’, denies fraud at trial
Sam Bankman-Fried says he never set out to steal from people while testifying in his own defence in Manhattan court.
After outcry over Ukraine, big business muted on Israel-Hamas war
Major brands that spoke out against Russia's invasion have been reluctant to weigh in on the Israel-Palestine conflict.
How global firms are reacting to the Israel-Hamas conflict
Companies ranging from airlines to banks have shut operations in Israel, asking their employees to work from home.
China’s Country Garden faces payment deadline after twice dodging default
Embattled developer faces deadline to pay $15m as China's property sector struggles with debt crisis.
Malaysia penalises 400 companies so far this year for violating labour laws
Human Resources Minister V Sivakumar says firms have been fined more than $500,000 over breaches in 2023.
US Republicans demand full sanctions, charges against China’s Huawei, SMIC
GOP lawmakers call for tougher measures after release of Huawei smartphone raises doubts about US export controls.
Control grocery prices or face new taxes, Canada’s Trudeau warns chains
Canadian leader says profits should not be made 'on the backs of people who are struggling to feed their families'.
EU launches probes into Chinese subsidies for electric vehicles
Anti-subsidy investigation is highest-profile case against China since EU probe into Chinese solar panels a decade ago.
BP chief Bernard Looney steps down over past relationships with colleagues
Chief Financial Officer Murray Auchincloss named interim CEO of British energy giant.
Australia’s Qantas illegally sacked workers during COVID, court rules
Australia's High Court upholds earlier ruling that airline broke the law when it outsourced ground handling jobs.
Japan is swamped with tourists. Now visitors are going off the beaten track
Tour operators are touting Japan's less explored regions as surging visitor numbers put strain on popular sites.
Biden leads US tech executives in talks with business leaders in Vietnam
Business talks held as Washington and Hanoi seek to deepen cooperation amid shared concerns about China’s rise..
China’s Alibaba sees shares tumble as outgoing CEO quits cloud business
Announcement that Daniel Zhang will not continue to lead cloud business takes markets by surprise.