Markets

LONDON: U.S. President Donald Trump said that he was responsible for Prime Minister Boris Johnson's decision to ban Huawei from Britain's 5G network from the end of 2027. On Tuesday, Johnson ordered Huawei equipment to be purged completely from Britain's 5G network by the end of 2027, risking the...

Nissan Motor Co on Wednesday unveiled the Ariya - an electric SUV and its first all-new global model in five years - hoping it will symbolize its road to recovery after more than a year of scandal and a precipitous decline into earnings losses.

Shares of Hyundai Motor jumped nearly 8per cent on Wednesday, a day after South Korea announced a "green new deal" to spur use of environmentally friendly vehicles.

Nissan Motor Co on Wednesday unveiled the Ariya - an electric SUV and its first all-new global model in five years - hoping it will symbolise its road to recovery after more than a year of scandal and a precipitous decline into earnings losses.

SINGAPORE: Resorts World Sentosa (RWS), owned by Genting Singapore, has made a one-off cut in its workforce as part of cost-cutting measures in the wake of the coronavirus pandemic, it said on Wednesday (Jul 15). In its statement, RWS did not give the number of employees affected.  The resort ...

BANGKOK: From factory floors in India to the warehouses of Cambodia, garment workers for global brands say the collapse in demand triggered by COVID-19 is being used as a cover to break their unions. The crippling effect of the pandemic has seen orders worth billions of dollars cancelled across ......

HONG KONG: Fresh hopes for a virus vaccine and another round of US stimulus lifted Asian markets on Wednesday (Jul 15), though gains remained tethered by the reimposition of containment measures and China-US tensions. Investors took their lead from Wall Street's pop higher, which came after US ...

HONG KONG: More than 2,500 mobile games were removed from Apple's China app store in the first week of July, four times as many in the same period in June, after Apple closed a loophole to comply with Chinese licence requirements, data from SensorTower showed. Apple had given publishers...

DBS and blockchain trade-finance network Contour on Wednesday announced the completion of the network's first digital end-to-end secured letter of credit (LC) as part of efforts to digitalise trade finance.

HONG KONG: The New York Times will shift part of its Hong Kong office to Seoul, in an ominous move as worries grow that the new national security law China imposed on the financial hub two weeks ago would curb media and other freedoms in the city. The Times...