Markets

While most states pursue ways to boost renewable energy, Wyoming is doing the opposite with a new program aimed at propping up the dwindling coal industry by suing other states that block exports of Wyoming coal and cause Wyoming coal-fired power plants to shut down.

DUBAI: Dubai's budget carrier flydubai reported Sunday (May 2) a loss of US$194 million in 2020 as revenue fell by more than 50 per cent in what it described as one of the toughest years in the aviation industry. The carrier's financial losses reflect how the coronavirus pandemic has pummeled...

SINGAPORE: Singapore’s largest content company, Mediacorp, has unveiled a comprehensive programme designed to equip budding content creators with the practical skills, knowledge and hands-on experience they need to become successful social creators. Known as Bloomr.SG MCN Accelerator and launched ...

Venezuela nearly tripled its minimum wage Saturday but inflation is so outrageous that that amount of money will not even buy a kilo of meat.

SEOUL: South Korea's exports expanded at its sharpest pace in more than a decade in April, boosted by those of semiconductors, cars and petrochemical products, highlighting a continued trade-led recovery in Asia's fourth-largest economy. Exports surged 41.1 per cent from a year earlier, trade ...

TOKYO: Japan's biggest airline ANA reported its worst ever annual loss on Friday (Apr 30) but predicted a rebound to profit this financial year, with its vice president seeing "light at the end of the tunnel" after the pandemic. For the past year to March, ANA Holdings logged a...

BEIJING: China fined 11 companies including tech giant Tencent on Friday (Apr 30), taking aim at their acquisitions and joint ventures as authorities target monopolistic practices. The penalties come weeks after e-commerce giant Alibaba was hit with a US$2.78 billion fine by China's market ...

TikTok has appointed Singaporean Shou Zi Chew as the new chief executive officer of the popular video-sharing platform.

China has taken initial steps to improve protection of US know-how under the "Phase One" trade pact, but must go further and implement those measures, the top US trade negotiator said Friday.

Even though economic recovery is narrow for now, the momentum for growth is strong, and businesses should build on this to embrace transformation fully, says SBF CEO Lam Yi Young.