Vietnam tycoon sentenced to death could face new charges, state media says
Truong My Lan accused of illegally transferring $4.5bn in latest development in country’s biggest-ever fraud case.
Category Archives: Economy
Boeing CEO to front US Senate amid safety crisis
Outgoing CEO Dave Calhoun’s slated appearance comes after whistleblowers alleged problems in production of aircraft.
Nvidia overtakes Apple to become world’s second-most valuable company
Chipmaker's market capitalisation passes $3 trillion after latest rally in stock price.
Malaysia’s chip industry falls in the crosshairs of US sanctions on Russia
Kuala Lumpur-based Jatronics has been accused of supplying parts needed to sustain Moscow's war in Ukraine.
China’s volunteer programmers work in the shadows to keep the internet free
Open-source platforms such as V2Ray are gaining popularity amid Beijing's crackdown on commercial VPNs.
Google announces $2bn investment in Malaysia, as gov’t hails 26,500 jobs
Tech giant says investment in Southeast Asian country will 'pave the way for delivering the transformative power of AI'.
China lifts ban on Australian beef exporters in the latest sign of thaw
Move follows lifting of restrictions on imports of Australian wine, coal, timber and barley.
Melinda French Gates says she’s donating $1bn in support of women, families
Philanthropist says it is 'frustrating' that some believe it is not the right time to discus gender equality.
China urges South Korea, Japan to uphold free trade at three-way summit
Chinese Premier Li Qiang says three countries should view each other as 'partners and opportunities for development'.
Fewer women among top earners in UK finance since pandemic, report finds
Women make up less than 20 percent of top earners in sector, university research finds.
In pricey Hong Kong, residents flock to China for cheaper dining, shopping
Shenzhen is attracting Hong Kongers in droves with its superior entertainment options at a fraction of the cost.
TikTok curbs state-affiliated media amid foreign influence fears
Video-sharing app says state-backed accounts will not be recommended or allowed to advertise outside home countries.
South Korea unveils record $19bn package to support chip industry
South Korean President Yoon Suk-yeol says semiconductors are 'a field of national all-out war'.
Nvidia’s profits soar as AI boom shows no sign of slowing down
California-based company reports seven-fold jump in profit to $14.88 bn in first quarter.
After Japan’s comeback, South Korea is hoping for its own stock market boom
Seoul is undertaking reforms to counter the so-called 'Korea discount' dragging down the valuations of its firms.
As Cambodia launches $36.6bn building drive, China, Japan fight for spoils
Cambodian Prime Minister Hun Manet has unveiled a 174-project master plan that has attracted bids by rival powers.
When will EVs become mainstream in the US?
Electric vehicle adoption ‘inevitable’ in US, but unclear how fast transition will happen, experts say.
After decades of decline, Air India is betting billions on a comeback
CEO Campbell Wilson says journey to restoring Air India's reputation is 'well under way'.
Amazon to invest $9bn in Singapore to expand cloud services
Announcement comes after rival Microsoft last week unveiled major investments in Malaysia, Thailand and Indonesia.
Boeing postpones launch of Starliner space capsule after technical fault
Cancellation of inaugural crewed space mission comes as Boeing is under fire over safety record at its aviation arm.