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.
Category Archives: Economy
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.
Musk tells G20 forum he has ‘too much work’ since buying Twitter
Tesla CEO says he has been working 'from morning til night' since $44bn purchase of social media giant.
China eases COVID quarantine despite rising cases
Incoming arrivals will only be quarantined for five days under eased measures.
Philippine economy beats expectations, growing 7.6 percent in Q3
Official says Southeast Asian economy on track to meet government's growth target for 2022.
Musk pledges to remove Twitter imposters after celebrity protests
Twitter's new owner makes comments after celebrities change user names to Elon Musk.
Chinese EV maker Nio resumes production after COVID shutdown
China is battling a rising number of COVID cases with tough curbs that have significantly disrupted businesses.
Musk emerging as Twitter’s chief moderator before US midterms
Since taking over Twitter Elon Musk has directly engaged with people on the political right asking for looser rules.
China’s property slump continues as October prices fall
Prices in 100 Chinese cities drop for fourth straight month amid strict COVID curbs.
Asia’s factories hit by global slowdown, China’s COVID curbs
Factory output shrinks in South Korea, Taiwan and Malaysia amid rising fears of a global recession.
How Elon Musk financed his $44bn Twitter takeover
Billionaire used personal assets, investment funds and bank loans to seal purchase of social media giant.
South Korea’s Samsung names Jay Y Lee as executive chairman
Tech giant's announcement confirms company will be officially run by the third generation of its founding family.