Markets

U.S. energy companies are scrambling to buy more cyber insurance after this month's attack on Colonial Pipeline disrupted the U.S. fuel supply, but they can expect to pay more as cyber insurers plan to hike rates following a slew of ransomware attacks.

China's factory activity likely maintained a steady growth momentum in May after months of expansion following a COVID-induced slump, although high raw materials costs continue to weigh on the outlook.

JAKARTA: Indonesia's government intends to propose a "sunset policy" to encourage the declaration of unreported assets, similar to its previous tax amnesty programme but with much higher penalty rates, newspaper Bisnis Indonesia reported on Friday. The policy will target undeclared assets ...

Malaysia's exports in April rose 63per cent from a year earlier, the fastest pace of growth in more than two decades, government data showed on Friday.

HANOI: European business leaders in Vietnam are urging the government to allow private companies to procure COVID-19 vaccines and inoculate their own staff, as the country battles its biggest outbreak since the start of the pandemic. "This would reduce the burden on the state budget while also ...

The group behind the SolarWinds cyber attack identified late last year is now targeting government agencies, think tanks, consultants, and non-governmental organizations, Microsoft Corp said late on Thursday.

Japan's factory output is expected to have risen for the second straight month in April on brisk exports and solid demand for electronic goods, a Reuters poll showed, a sign a rebound in overseas growth was cushioning the economy from the COVID-19 pandemic.

Profit at China's state-owned enterprises rose 240per cent to 1.36 trillion yuan (US$213.42 billion) in the first four months of the year versus the same period a year prior, the ministry of finance said on Friday.

Canada is investigating allegations of forced labour in Malaysia's palm oil and glove manufacturing industries, the government said on Friday.

BEIJING: ByteDance founder Zhang Yiming, the brains behind TikTok, said he preferred "daydreaming" as he stepped down as head of his own firm last week. But his departure comes as several of China's once-lauded tech entrepreneurs step aside under increasing scrutiny from a government concerned ...