Huawei CFO Meng Wanzhou named chairwoman in rotating role
Meng will act as company's top leader and head board of directors for six months when it is her turn.
Category Archives: Economy
US curbs exports to more Russian and Belarusian companies
Move by Washington is latest measure aimed at punishing Moscow over its invasion of Ukraine.
Taiwan’s ‘silicon shield’: Why island may not be the next Ukraine
Self-ruled island's dominance in semiconductors is seen by some analysts as a deterrent against an invasion by Beijing.
Crowdfunding a capital: Indonesia’s unusual pitch raises eyebrows
Unorthodox proposal comes after Japan’s SoftBank opts not to invest in project estimated to cost $32bn.
Shareholders at troubled Toshiba vote down spin-off plan
Separate activist shareholder-backed motion to solicit buyout offers also fails to gain sufficient support.
Singapore to end quarantine for vaccinated arrivals
Move comes as more Asia-Pacific countries ease border restrictions.
Russian regulator blocks Google News over “inauthentic” war info
Ban comes after Google said it would not help platforms sell ads alongside content that condones conflict in Ukraine.
US judge rules in favour of China’s ZTE, ending probation
Ruling comes on the final day of the company's probation for illegally shipping US technology to Iran and North Korea.
China Eastern faces losses, regulatory scrutiny after fatal crash
Disaster comes as China's airline sector is struggling to recover from the COVID-19 pandemic.
Russia labels Facebook parent company Meta ‘extremist’
The ban on Meta’s activity will not affect the company’s WhatsApp messenger service, says Russian court.
Pakistan’s startups take centre stage
Startups in Pakistan, one of the last untapped frontier markets, raised $486m of global capital since January 2021.
Japan’s Sony and Nintendo halt business in Russia
The firms are the latest global brands to join a growing exodus from Russia following its invasion of Ukraine.
Ukraine war: As wheat prices soar, Australian farmers step up
Supply chain issues, rising fertiliser prices and tougher growing conditions pose challenges to the Australian solution.
Far from Putin’s Russia, Tajikistan’s people feel sanctions pain
Remittances to Central Asian republic have plunged in value amid sanctions intended to hit Russia over war in Ukraine.
Amid Ukraine fallout, crisis-hardened chipmakers move to adapt
Semiconductor manufacturers are stockpiling materials and seeking out new suppliers to minimise disruptions.
Amid Ukraine crisis, China’s ‘Zero COVID’ weighs on global growth
Beijing's strict pandemic policies add to supply chain and inflation risks amid economic fallout of war in Ukraine.
Analysis: Can African gas replace Russian supplies to Europe?
A lack of infrastructure, not capacity, could hurt the continent's plan to supply gas to Europe in Russia's stead.
Across the US, CBD glut inspires gamble on industrial hemp
A small group of pioneers is looking to harness the potential of the untapped US market for hemp seeds and fibre.
As Russia’s isolation grows, China hints at limits of friendship
Chinese state-owned financial institutions have been quietly distancing themselves from Russia’s beleaguered economy.
Asian markets regain ground as investors hold breath on Ukraine
Investors see Russian troop movements near Ukraine and initial Western sanctions as leaving room to avoid war.