Indonesia’s palm oil flip-flops give Malaysia edge in India
Indian consumers are turning to Malaysia for palm oil due to Jakarta's erratic export policies.
Category Archives: Economy
Musk’s tweets on Tesla funding reckless, court rules
Judge finds 'there was nothing concrete' about Saudi financing to take the electric carmaker private.
‘Huge step’: New Zealand to fully reopen borders on July 31
Announcement means borders will open two months earlier than the government’s timetable.
Frugal Japanese tighten their belts as prices rise, yen slides
Japan’s household spending fell 2.3 percent in March compared with the previous year.
Tesla halts production in Shanghai over supply issues: Report
Reported suspension comes just three weeks after the US automaker partially resumed production at Shanghai plant.
Gay dating app Grindr to go public via blank-cheque company
Deal with Tiga Acquisition Corp will raise $384m, according to regulatory filings.
Indonesia faces international pressure over palm oil export ban
Signs of discontent with Jakarta are emerging in countries that rely heavily on palm oil, including India and Pakistan.
Australia looks to fill Asia’s energy gap amid Ukraine crisis
Australia is seeing increased demand for its liquefied natural gas and coal as war and sanctions upend energy supplies.
China’s April exports slow amid tightening COVID curbs
Exports in dollar terms grew 3.9 percent in April from a year earlier, compared with 14.7 percent growth in March.
Yuan touches new 18-month low as lockdowns cloud economic outlook
The weakening currency comes amid persistent strength of the US dollar and worries over slowing economic growth.
China stocks, yuan slide as Beijing doubles down on ‘zero COVID’
Market jitters follow Beijing warning against any questioning of its controversial pandemic strategy.
A bit rich? Billionaires’ climate efforts draw scepticism, praise
Mega-rich figures such as Andrew Forrest spend billions on climate change solutions while adding to carbon emissions.
Dollar o’clock: Should Zimbabwe axe its faltering currency again?
The southern African state once adopted US dollars as legal tender when hyperinflation rendered its currency worthless.
Taiwan cracks down on China poaching tech talent
Taipei is ramping up efforts to stem brain drain in semiconductor industry as officials warn of a 'red supply chain'.
Tesla most ‘future-ready’ carmaker, China’s BYD rising: Report
Japan’s Toyota second, followed by Germany’s Volkswagen and South Korea’s Hyundai.
Australia’s Q1 retail sales speed past forecasts
Retail sales jumped 1.6 percent in March to a record $23.9bn, topping forecasts of a 0.6 percent gain.
As Vietnam reopens, villagers seek more sustainable tourism
Villagers in remote Dien Bien Phu are looking to traditional homestays to encourage tourism without overdevelopment.
Hong Kong GDP falls more than expected as COVID curbs bite
Economy shrinks 4 percent in the January-to-March period from a year earlier, according to advance estimates.
Hong Kong to open beaches, extend nightlife as COVID curbs ease
Financial hub's coronavirus restrictions have battered business and prompted tens of thousands of residents to leave.
South Korea’s consumer prices rise at fastest pace since 2008
Asia’s fourth-largest economy saw its consumer price index rise 4.8 percent last month from a year earlier.