Samsung Electronics has decided to shut its only TV factory in China by the end of November, a spokesman said on Monday, the latest in a series of moves by the South Korean firm to shift production from the world's second-largest economy.
Emirates airline has issued over 5 billion dirhams (US$1.4 billion) in refunds related to the new coronavirus crisis, it said on Monday.
Samsung Electronics has decided to shut its only TV factory in China by the end of November, a spokesman said on Monday, the latest in a series of moves by the South Korean firm to shift production from the world's second-largest economy.
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.
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.
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