US officials probe allegations Boeing workers falsified inspection records
Federal Aviation Administration says Boeing voluntarily informed officials that inspections may not have been completed.
Category Archives: Economy
EU’s von der Leyen to urge ‘fair’ China competition in talks with Xi
Chinese President Xi Jinping set to hold talks with Ursula von der Leyen and French President Emmanuel Macron in Paris.
Wall Street Journal cuts Hong Kong staff, shifts focus to Singapore
Company-wide memo says the newspaper is shifting its 'center of gravity in the region' to Southeast Asian hub.
Apple iPhone sales plunge, as shares rise on dividend, stock buyback news
Sales of the iPhone fall 10 percent amid growing competition from Chinese rivals such as Huawei.
After years of decline, a new generation of organised labour rises in US
US experiencing the biggest strike wave in 50 years.
OECD lifts global growth outlook as US, China outperform expectations
Paris-based organisation predicts global economy to expand by 3.1 percent this year and 3.2 percent in 2025.
Malaysia’s Anwar unveils record public pay hike amid ringgit’s slide
Malaysian Prime Minister Anwar Ibrahim says pay hike of more than 13 percent will be 'best increase in history'.
Microsoft to invest $1.7 bbn in AI, cloud infrastructure in Indonesia
Microsoft CEO Satya Nadella says investment will help Southeast Asia's biggest economy thrive in 'new era'.
Australia’s budget airline Bonza cancels all flights, stranding passengers
Chief executive Tim Jordan says flights suspended amid discussions on 'ongoing viability of the business'.
IMF promises Pakistan ‘immediate’ release of $1.1bn loan after key meet
Pakistan seeks another long-term IMF programme to support its ailing economy but experts say focus must be on reforms.
Microsoft, Google post double-digit profits rises, boosting case for AI
Tech giants' shares surge after stronger-than-expected earnings.
Vietnam jails soft drinks tycoon for eight years in $40m fraud case
Tran Qui Thanh was found guilty of scamming investors over loans issued in 2019 and 2020.
Tesla profit plunges 55%, as shares bounce on plans for cheaper vehicles
The Texas-based company reports profits of $1.1bn in the first quarter, down from $2.51bn a year ago.
US Senate passes bill to force sale of TikTok, sending it to Biden
TikTok has said legislation 'would trample the free speech rights of 170 million Americans'.
Parallel economy: How Russia is defying the West’s boycott
Two years after the invasion of Ukraine prompted exodus of brands from Russia, many products are freely bought and sold.
‘Arrogant billionaire’: Australia, Musk in war of words over censorship
Elon Musk and Australian Prime Minister Anthony Albanese clash over order to remove X posts on church stabbing.
Australia’s PM criticises Musk’s X over stabbing footage
Anthony Albanese says decision to challenge takedown order for content related to church stabbing 'extraordinary'.
TikTok says bill to force its sale would ‘trample’ free speech
Bill targeting Chinese-owned app goes to the US Senate after passing the House in bipartisan vote.
Google fires 28 staff after protests against cloud contract with Israel
Tech giant says employees engaged in 'completely unacceptable behaviour' during sit-in at company offices.
US chef’s bid to own ‘chili crunch’ name raises ire in Indonesia, Malaysia
David Chang tried to enforce a trademark for chilli condiment popular across Asia before backing down and apologising.