Markets

SINGAPORE: Singapore's retail sales surged 54 per cent in April from the same period last year, when the country first entered a "circuit breaker" period to curb the spread of COVID-19, according to official data released on Friday (Jun 4). Retail sales growth in April was also a jump...

TOKYO :Honda Motor Co said on Friday it will end production at its powertrain unit factory in Japan's Tochigi prefecture north of Tokyo in 2025, to adapt to environmental changes surrounding the global auto industry.

Nissan Motor Co Ltd and Honda Motor Co Ltd saw lower sales in May in China, the world's biggest vehicle market, while Toyota Motor Corp reported higher sales.

China said on Friday that it strongly condemned U.S. President Joe Biden's signing of an order to ban investment in dozens of Chinese defense and tech firms.

FRANKFURT: A German company that operates technology for the nation's cooperative banks said on Friday that it was experiencing continued distributed denial-of-service (DDoS) attacks throughout the night. In such attacks, hackers attempt to flood a network with unusually high volumes of data ...

Thailand has room for further monetary easing to support its economic recovery, which is expected to be slow, uneven and clouded by the unknown path of the coronavirus pandemic, the International Monetary Fund (IMF) said.

Indonesia has formed a task force that includes law enforcement officials to go after nearly US$8 billion of unrepaid state funds handed out to bank owners during the Asian financial crisis in the late 1990s, ministers said on Friday.

TAIPEI: Taiwan's major chip packager King Yuan Electronics will halt production on the island for two days after several employees contracted COVID-19, Central News Agency reported on Friday, the first time the pandemic has hit the global chip hub, as case numbers climb. Hsinchu-based King ...

A possible panda pregnancy at a Tokyo zoo caused stocks of a nearby restaurant chain to briefly soar 30 per cent on Friday as the chance of a pandemic conception bred excitement among investors.

Taiwan's exports likely rose for an 11th straight month in May, a Reuters poll showed, lifted by demand for electronic goods as people continued to work and study from home due to the COVID-19 pandemic.