Indonesia’s TikTok sellers do roaring trade in hijab, handbags
China's social media platform has more than 106.9 million adult users in Indonesia.
Category Archives: Economy
FTX’s Bankman-Fried apologises, denies trying to commit fraud
FTX founder tells conference he made a 'lot of mistakes' and is 'shocked' by emerging details of exchange's collapse.
South Korea orders striking truckers back to work
Moves comes after President Yoon Suk-yeol presided over cabinet meeting to discuss invoking tough strike-busting laws.
South Korea to hold first talks with striking truckers on Monday
South Korean government says strike is causing daily losses of 300 billion won ($224m).
20,000 hires left Apple supplier Foxconn’s Chinese campus: Source
Staff departures come amid concerns about Apple's ability to deliver products for the busy holiday period.
South Korea’s Yoon eyes arms exports as ‘future growth engine’
South Korean leader is aiming to build country's weapons industry into the world's fourth-largest arms exporter.
Apple supplier Foxconn apologises after unrest at Chinese campus
Taiwanese tech giant says 'technical error' to blame for pay dispute that saw workers clash with police.
‘Betrayed’: FTX meltdown signals end to crypto’s ‘Wild West’ days
Cryptocurrency exchange's spectacular collapse spurs government scrutiny and calls for greater regulation.
South Korea’s LG Chem to invest $3bn in US plant for EV parts
South Korean firm says facility will produce components to power 2 million electric vehicles by 2027.
Crypto lender Genesis denies bankruptcy plans after FTX collapse
Genesis's comments come days after it halted customer withdrawals due to liquidity difficulties.
Thai PM calls for sustainable growth as tensions overshadow APEC
Prayuth Chan-ocha says region needs new perspective as war in Ukraine and North Korean missile launch cloud summit.
China’s Tencent wins first game licence in 18 months
China's gaming regulator approves 70 new titles after earlier nine-month freeze on releases.
FTX’s digital assets seized in The Bahamas for ‘safekeeping’
Securities Commission of The Bahamas says it has taken control of FTX Digital Markets' assets to protect investors.
Japan’s inflation soars to 40-year high
Core consumer inflation of 3.6 percent marks fastest price growth since 1982.
Troubled FTX’s Bahamas unit seeks bankruptcy protection
FTX Digital Markets seeks Chapter 15 protection after high-profile collapse of parent crypto exchange.
Taiwan’s Tsai decries ‘rumours’ about chip investment risks
Taiwanese leader says her government is working hard to ensure investments in key industry continue.
Musk delays relaunch of Twitter’s beleaguered paid service
Tesla CEO says he is postponing restart of the subscription service by two weeks to make sure it is "rock solid".
Japan’s economy unexpectedly shrinks as consumptions slows
Asia's second-largest economy shrinks 0.3 percent after three straight quarters of growth.
FTX collapse sends shockwaves through crypto sector
Founder Sam Bankman-Fried was once hailed 'a winner' and is now being referred to as a 'rogue actor'.
Indonesia, ADB launch first coal power plant retirement deal
Cirebon 1 power plant in West Java would be refinanced on condition it ends operations 10-15 years early.