Markets

With the coronavirus devastating jobs across the country, desperate Indonesians are flocking to illegal gold mines as the soaring price of the precious metal overrides the risk to their lives and the environment.

BENGALURU: Business sentiment among Asian firms rebounded in the third quarter as easing COVID-19 restrictions lifted sales but lingering uncertainty over the pandemic thwarted a return to business-as-usual, a Thomson Reuters/INSEAD survey showed on Wednesday (Sep 23). Asian firms' outlook for the ...

China's Ant Group submitted documents to the securities regulator for registration of the Shanghai portion of its IPO, the city's bourse said late on Tuesday, moving a step closer to a planned dual-listing expected to be worth about US$35 billion.

SHANGHAI: Huawei Technologies will do everything it can to strengthen its supply chain which has been "attacked", its rotating chairman Guo Ping said on Wednesday (Sep 23). Guo was speaking at the Chinese smartphone and telecoms gear maker's annual Huawei Connect event in Shanghai that focuses on ...

Shares of Asian battery suppliers fell on Wednesday after Tesla Inc unveiled a plan to halve the cost of its electric vehicle batteries and bring more production of the key auto component in-house.

Behind its deep-red awnings, Richemont's blinds have been closed since July, after the coronavirus pandemic left the usually bustling five-star Geneva hotel starved for high-paying customers.

DIGITAL wealth manager Syfe has closed an US$18.6 million Series A funding round led by PayPal co-founder Peter Thiel's Valar Ventures, which previously backed Xero, TransferWise and German neobank N26.

Russian bank TCS Group Holding is in talks to sell its online bank Tinkoff to Russian internet group Yandex for US$5.48 billion (£4.30 billion), the two companies said on Tuesday.

SAO PAULO: Marfrig Global Foods, the world's largest hamburger producer in the world, said it expects to achieve a 43 per cent reduction in direct emissions from its meatpacking process and energy consumption by 2035, a company executive told Reuters. This is the first Brazilian meat producer to ...

The US House of Representatives voted overwhelmingly Tuesday to ban imports from China's Xinjiang region, vowing to stop what lawmakers say is systematic forced labor by the Uighur community.