TOKYO: Japan has suffered its worst quarterly gross domestic product (GDP) contraction in more than five years, with a tax hike and a deadly typhoon taking a toll on the world's third-largest economy. The nation's GDP in the three months to December shrank 1.6 per cent from the previous...
The British government will invest 1.2 billion pounds (US$1.6 billion) in what it says is the world's most powerful supercomputer to provide more accurate weather and climate forecasts.
China's Great Wall Motor said on Monday it had signed a binding agreement to purchase a car plant from General Motors in Thailand.
SINGAPORE: Singapore said on Monday (Feb 17) its non-oil domestic exports declined in January, as it cut its growth forecast for the year partly due to the COVID-19 outbreak. Exports declined 3.3 per cent in January, after a 2.4 per cent expansion in December following nine months of contraction ...
With the COVID-19 outbreak in China continuing to spread, McDonald's, Starbucks and other fast-food companies are ramping up "contactless" pickup and delivery services to keep their workers and customers safe, the companies said.
SINGAPORE: After seeing its economy grow at a decade-low of 0.7 per cent last year, Singapore is expecting possibly even slower growth in 2020 and has downgraded its gross domestic product (GDP) forecast amid concerns about the ongoing COVID-19 outbreak. Economic growth for this year is now ...
U.S. printer maker Xerox Holdings Corp is hosting a dinner for HP Inc shareholders this week as it seeks investor support to overcome the personal computer maker's resistance to its US$35 billion takeover bid, according to people familiar with the matter.
A slew of grants, programmes and high-level political attention on the start-up scene has given aspiring entrepreneurs in Singapore a boost, says Oon Tian Sern.
Nissan's new CEO Makoto Uchida doesn't have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company's board.
New York on Sunday dropped its fight against the US$40 billion merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp , saying the state would not appeal a judge's approval of the deal.
