Markets

China's recent measures aimed at cooling red hot industrial commodities prices will likely only have a temporary affect unless authorities take steps to curb consumption and potentially lower economic growth, analysts said.

Indonesia's anti-trust agency (KPPU) on Thursday said it would scrutinise the multi-billion dollar merger of the country's startups Gojek and Tokopedia to check for potential monopolistic behaviour.

BEIJING: The founder and chairman of China's leading real estate broker, KE Holdings Inc, died on Thursday after an unexpected worsening of his illness, the company said. The firm's U.S. shares plunged more than 10per cent in pre-opening trade on the news, but the exact cause of death was...

Malaysian long-haul budget airline AirAsia X Bhd reported a record loss for the first three months of the year and its eighth quarterly loss in a row as the coronavirus pandemic devastated demand for air travel.

The organizers of the Mobile World Congress (MWC), the telecoms industry's biggest annual gathering, said on Thursday the conference would go ahead as planned as Spanish authorities approved its health and safety plan.

Royal Dutch Shell has agreed to sell its stake in a offshore gas field in the Philippines for US$460 million as part of its strategy to narrow its oil and gas operations.

SoftBank Group Corp CEO Masayoshi Son's stake in the Japanese conglomerate he founded has risen to 29.01per cent from 26.90per cent in February following the retirement of treasury shares, regulatory filings showed on Thursday.

South Korean President Moon Jae-in has been hoping to use his first summit with U.S. President Joe Biden this week to press a legacy policy of engaging North Korea, but Washington has played down the prospect of any quick impetus on the issue.

Hong Kong's seasonally adjusted unemployment slipped to 6.4per cent in the February-April period, the government said on Thursday, with the labour market improving as the coronavirus outbreak receded but still facing challenges from a slump in tourism.

SINGAPORE: Singapore Airlines (SIA) Group said on Thursday (May 20) that it aims to operate at a third of its pre-COVID capacity by July, after posting a record loss of S$4.3 billion in the last financial year. The company has also been looking for opportunities to expand its network, said CEO...