China urges South Korea, Japan to uphold free trade at three-way summit
Chinese Premier Li Qiang says three countries should view each other as 'partners and opportunities for development'.
Category Archives: Economy
Fewer women among top earners in UK finance since pandemic, report finds
Women make up less than 20 percent of top earners in sector, university research finds.
In pricey Hong Kong, residents flock to China for cheaper dining, shopping
Shenzhen is attracting Hong Kongers in droves with its superior entertainment options at a fraction of the cost.
TikTok curbs state-affiliated media amid foreign influence fears
Video-sharing app says state-backed accounts will not be recommended or allowed to advertise outside home countries.
South Korea unveils record $19bn package to support chip industry
South Korean President Yoon Suk-yeol says semiconductors are 'a field of national all-out war'.
Nvidia’s profits soar as AI boom shows no sign of slowing down
California-based company reports seven-fold jump in profit to $14.88 bn in first quarter.
After Japan’s comeback, South Korea is hoping for its own stock market boom
Seoul is undertaking reforms to counter the so-called 'Korea discount' dragging down the valuations of its firms.
As Cambodia launches $36.6bn building drive, China, Japan fight for spoils
Cambodian Prime Minister Hun Manet has unveiled a 174-project master plan that has attracted bids by rival powers.
When will EVs become mainstream in the US?
Electric vehicle adoption ‘inevitable’ in US, but unclear how fast transition will happen, experts say.
After decades of decline, Air India is betting billions on a comeback
CEO Campbell Wilson says journey to restoring Air India's reputation is 'well under way'.
Amazon to invest $9bn in Singapore to expand cloud services
Announcement comes after rival Microsoft last week unveiled major investments in Malaysia, Thailand and Indonesia.
Boeing postpones launch of Starliner space capsule after technical fault
Cancellation of inaugural crewed space mission comes as Boeing is under fire over safety record at its aviation arm.
US officials probe allegations Boeing workers falsified inspection records
Federal Aviation Administration says Boeing voluntarily informed officials that inspections may not have been completed.
EU’s von der Leyen to urge ‘fair’ China competition in talks with Xi
Chinese President Xi Jinping set to hold talks with Ursula von der Leyen and French President Emmanuel Macron in Paris.
Wall Street Journal cuts Hong Kong staff, shifts focus to Singapore
Company-wide memo says the newspaper is shifting its 'center of gravity in the region' to Southeast Asian hub.
Apple iPhone sales plunge, as shares rise on dividend, stock buyback news
Sales of the iPhone fall 10 percent amid growing competition from Chinese rivals such as Huawei.
After years of decline, a new generation of organised labour rises in US
US experiencing the biggest strike wave in 50 years.
OECD lifts global growth outlook as US, China outperform expectations
Paris-based organisation predicts global economy to expand by 3.1 percent this year and 3.2 percent in 2025.
Malaysia’s Anwar unveils record public pay hike amid ringgit’s slide
Malaysian Prime Minister Anwar Ibrahim says pay hike of more than 13 percent will be 'best increase in history'.
Microsoft to invest $1.7 bbn in AI, cloud infrastructure in Indonesia
Microsoft CEO Satya Nadella says investment will help Southeast Asia's biggest economy thrive in 'new era'.