Markets

BEIJING: A Chinese factory owned by South Korean semiconductor giant SK Hynix halted operations on Sunday (Nov 29) after a plant worker was found to have an asymptomatic infection of the novel coronavirus, the official news agency Xinhua reported. The Korean worker based at the plant in Chongqing ......

By recognising and investing in the strengths of pioneering cities and regions, China has developed a mechanism for advancing its economic transformation, says Zhang Jun.

A holistic approach that considers affordability and financial planning, coupled with a long-term view are crucial when investing in property, says Ismail Gafoor.

Financial markets may celebrate the vaccine-led boom, but epidemiological and political aftershocks push us back into economic vulnerability, says Stephen S. Roach.

Canada on Saturday blocked bulk exports of prescription drugs if they would create a shortage at home, in response to outgoing U.S. President Donald Trump's efforts to allow imports from Canada to lower some drug prices for Americans.

Tony Hsieh, former chief executive officer and founder of online shoe and clothing retailer Zappos, died on Friday, the company said in a statement.

Serum Institute of India, the world's largest vaccine producer, sees AstraZeneca Plc's COVID-19 vaccine candidate as a "very good" option, giving it a major vote of confidence after some experts raised questions around its trial data.

SINGAPORE: More than 300,000 HDB households in one-, two- and three-room flats will receive vouchers to help them switch to energy- and water-efficient appliances, under a programme launched on Saturday (Nov 28) by the National Environment Agency (NEA) and water agency PUB. Eligible households ...

LONDON: HSBC Holdings is considering a complete exit from retail banking in the United States after narrowing the options for how to improve performance at its struggling North America business, the Financial Times reported on Saturday (Nov 28), citing people familiar with the situation.

BEIJING: China has powered up its first domestically developed nuclear reactor - the Hualong One - a significant step in Beijing's attempts to become less dependent on Western allies for energy security and critical technology. The reactor, which was connected to the national grid on Friday (Nov ...