BEIJING: Activity in China's factory sector rose in December as the world's second-largest economy sustained its recovery to pre-pandemic levels, a business survey showed on Monday (Jan 4), however, increasing cost pressures slowed the pace of expansion. The Caixin/Markit Manufacturing Purchasing ...
Bitcoin was trading at US$32,990 in Asia on Monday, after soaring to a record high of US$34,800 on Sunday.
Carl Icahn has sold more than half his stake in Herbalife Nutrition Ltd for US$600 million and is planning to give up the five seats on the board held by his representatives, the Wall Street Journal reported on Sunday.
China's securities regulator on Sunday said New York Stock Exchange (NYSE) plans to delist three Chinese telecom firms are "political" and that the impact will be "limited".
SYDNEY: Asian share markets got the new year off to a solid start on Monday on expectations central banks will keep money super cheap while the rollout of coronavirus vaccines helps slowly revive the global economy. With so much growth already priced in, it might be hard for economies...
MOSCOW: OPEC sees plenty of downside risks for oil markets in the first half of 2021, its secretary general said on Sunday (Jan 3), a day before meeting allies led by Russia to discuss output levels for February. "Amid the hopeful signs, the outlook for the first half of...
SEOUL: When Ryu Han-na, a 20-year-old university student, got cosmetic surgery on her nose in mid-December, she had a simple reason: It might be the last chance to do so covertly before people start taking off masks this year as vaccines are distributed. Ryu, who has been attending her...
When Carlos Tavares takes the wheel of a combined PSA and Fiat Chrysler this year he will quickly need to revive the carmaker's fortunes in China, rationalise a sprawling global empire and address massive overcapacity.
An ageing population, overreliance on investment and the shifting geopolitical landscape are key challenges as the Asian giant shifts gears, says David Dollar.
The vaccines' cold storage requirements and shipment rules put small, rural communities at a disadvantage, but that's only part of a long-running challenge, say two Binghamton University observers.
