China fines top influencer $210m for tax evasion
Huang Wei, aka Viya, has been accused of concealing personal income and making false declarations in 2019 and 2020.
Category Archives: Economy
New Zealand delays border reopening to February over Omicron
South Pacific nation had planned to loosen border restrictions in phases from January.
China’s Kaisa says bondholders not asking for faster repayments
The property developer has yet to repay a $400m offshore bond amid liquidity troubles in real estate market.
South Korea’s restaurants despair amid ‘living with COVID’ U-turn
Authorities have reintroduced restricted hours for restaurants, cafes and bars amid a surge in COVID-19 cases.
‘Betrayed’: Japanophiles sour on muse as COVID isolation bites
Japan's strict border controls have locked out foreign academics and challenged the country's soft power push.
Australia and UK sign trade deal estimated at $13.3bn
The scrapping of tariffs on Australian wine and beef is expected to help exporters hit by Chinese trade sanctions.
Editor of Chinese Communist Party mouthpiece retires
Hu Xijin had edited the nationalist Global Times tabloid since 2005.
Taiwan’s Tsai calls on Europe to welcome trade, promote democracy
President Tsai Ing-wen tells French legislators 'democratic partners' must work together for peace and stability.
Japan admits overstating economic data for nearly a decade
Prime Minister Fumio Kishida expresses regret over practice that could dent trust in official statistics.
Cost of war: Myanmar rebels crowdfund resistance to military coup
National Unity Government has launched fundraising schemes to support its campaign to overthrow the military government.
US, Australia, Japan to fund undersea cable in Pacific
The announcement is the latest funding commitment in the telecommunications sector of the Pacific.
China’s unsold housing stock hits five-year high
The Chinese property sector has slowed sharply this year amid a liquidity crisis and heightened regulatory scrutiny.
Evergrande default signals volatility but no crash, analysts say
Analysts see China's real estate market entering a period of stress with Beijing moving to contain fallout.
Investors dumping Vietnam stocks for Tesla, crypto
Overseas investors are offloading shares despite VN Index’s 33 percent gain making it top performer in Southeast Asia
Indonesian court delivers victory for Indigenous rights in Papua
Judge in West Papua Province declines to reinstate permits for palm oil companies to exploit ancestral lands.
Travel curbs biggest challenge for British firms in China: Survey
Chamber of Commerce says China's zero-tolerance approach has made it 'extremely difficult' to bring staff into country.
Endless pandemic? Asia’s Omicron retreat shows COVID is political
Rush by Asia-Pacific countries to slam borders shut over new variant raises questions about pandemic end goal.
US slaps sanctions on DRC national over Gertler ties
DRC national Alain Mukonda is accused of providing support to blacklisted Israeli billionaire Dan Gertler.
China’s Evergrande teeters on brink of default as deadline looms
Developer's recent comments raise expectations of direct state involvement and managed debt restructure.
Alibaba to overhaul e-commerce business, appoint new CFO
Chinese tech giant's reorganisation comes as it faces increased competition, slowing economy and a regulatory crackdown.