Looking to travel from Beijing to Hangzhou in eastern China? A flight can be had for as low as 180 yuan (US$26) - one of a slew of deals fuelling a robust recovery in Chinese passenger levels and which could provide a model for a beleaguered industry globally.
The Japanese government has guaranteed most of a loan to Nissan Motor Co from the Development Bank of Japan (DBJ), a source said, taking its guarantee to more than 40per cent of 713 billion yen (US$6.7 billion) in finance for Japan's No.2 automaker.
If fund managers are serious about clean investments, they need to get their hands dirty.
HONG KONG/SHANGHAI: China's biggest chipmaker SMIC plunged a fifth on Monday in response to news of potential U.S. sanctions against the company, wiping US$28 billion off its market value and prompting analysts to predict doom if a ban is implemented. On Friday, Reuters reported that the U.S ...
SoftBank Group Corp shares fell 5per cent in early trading on Monday as the conglomerate's big bets on equity derivatives tied to listed technology companies made investors uncomfortable.
The U.S. Federal Reserve's landmark shift to a more tolerant stance on inflation will be a drag on the dollar for years and will raise hard questions about the role of central banking, challenging policymakers from Frankfurt to Tokyo.
The global economy is likely not headed for any major slowdown due to COVID-19 but piled-up storage and uncertainty over China's oil demand cloud oil markets' recovery, an official with International Energy Agency (IEA) said.
The dollar steadied in holiday-thinned trade on Monday after U.S. jobs data showed job growth slowed further in August, while traders shifted their focus to the European Central Bank's meeting on Thursday.
SINGAPORE: The Singapore Tourism Board (STB) will start accepting applications to pilot large-scale meetings of up to 250 people from Oct 1, as part of plans to gradually resume economic activities in the country. Organisers of such Meetings, Incentives, Conventions and Exhibitions (MICE) events ...
China's exports in August rose at a faster-than-expected pace, increasing by 9.5per cent from a year earlier, though imports dropped 2.1per cent, customs data showed on Monday.
