Australia’s Qantas apologises after claims it sold cancelled flights
Australian Competition and Consumer Commission says airline sold 8,000 flights that had already been cancelled.
Category Archives: Economy
JPMorgan processed more than $1bn for Epstein, US Virgin Islands says
JPMorgan reported Epstein transactions as suspicious to the US Treasury Department, lawyer says.
GoFundMe freezes donations for The Grayzone, sparking free speech debate
Far-left news site says crowdfunding company prevented access to donations, citing 'external concerns'.
Philippines’ Marcos orders price cap for rice amid ‘alarming’ price surge
Presidential office announces price ceiling for staple, citing 'considerable economic strain on Filipinos'.
China’s ‘replica’ guns for Solomon Islands likely real, US cable claimed
US diplomats doubted explanations that Chinese shipment contained replica weapons, previously unseen documents show.
Australia fumes over soaring airfares as Qatar Airways flights blocked
Canberra is being accused of protecting national carrier Qantas's bottom line at the expense of consumers.
OpenAI launches business version of ChatGPT after blowback over privacy
ChatGPT Enterprise touts improved security and privacy in bid to woo corporate clients.
Toyota halts production at all Japanese factories after system failure
Japanese car giant suspends operations at 14 domestic plants after glitch leaves company unable to order components.
Chevron workers at Australia’s LNG plants to strike, raising supply fears
Workers at facilities in Western Australia will begin rolling stoppages from September 7.
US commerce secretary visits China, calls for ‘stable’ ties
Gina Raimondo says 'profoundly important' for two biggest economies to have a stable relationship.
South Korea’s seafood sellers reel as science fails to ease Fukushima fears
More than 90 percent of South Koreans say they will reduce their seafood consumption due to radiation concerns.
Indonesia’s absence from bigger BRICS echoes decades of non-aligned policy
Indonesian President Joko 'Jokowi' Widodo has said he does not want to 'rush' membership of the economic grouping.
Saudi Arabia considering Chinese bid to build nuclear plant, report says
Chinese bid proposes nuclear plant near the border with Qatar and UAE, according to Wall Street Journal report.
Asia’s poor grew by 68 million people after pandemic, report says
More than 155 million people were living on less than $2.15 a day last year, Asian Development Bank says.
US charges crypto founders over alleged support for North Korean hackers
US officials allege Tornado Cash facilitated $1bn in money laundering transactions for North Korea's Lazarus Group.
Indonesia’s dog meat sellers fear for future after crackdowns on trade
Animal welfare campaigners say dog meat trade should be outlawed due to its cruelty and risks to public health.
US commerce secretary meets China envoy before trip to stabilise ties
Gina Raimondo's August 27-30 trip is latest effort by the Biden administration to cool US-China tensions.
China’s central bank cuts key interest rate amid concerns for economy
People's Bank of China's decision to leave 5-year lending rate unchanged greeted with disappointment by markets.
Why China is grappling with falling prices – and being compared to Japan
The world’s second-largest economy is grappling with deflation, raising fears of Japan-style stagnation.
Singapore employers using police to threaten domestic workers, report says
More than 80 percent of police reports made by bosses against their maids do not lead to charges, rights group says.