Markets

HONG KONG: Hong Kong confirmed on Friday (Nov 15) its economy plunged into its first recession in a decade in the third quarter, weighed down by increasingly violent anti-government protests and the escalating US-China trade war. The economy shrank by a seasonally adjusted 3.2 per cent in July ...

Malaysian budget carrier AirAsia Group said on Friday it would sell flights on more than 100 other global airlines as part of a push to boost revenues.

A floating dead pig infected with African swine fever washed up in Taiwan last week, according to a UN report, which also recorded a fresh mainland China outbreak and an attempt to illegally transport infected pigs.

SYDNEY: Qantas Airways may not place an order for planes capable of non-stop London-Sydney flights until early next year, the airline's chief executive said on Friday (Nov 15) after a 19-hour, 19-minute test flight landed in Australia's biggest city. Alan Joyce said he saw a "double sunrise" as a ...

Workers at South African Airways (SAA) downed tools on Friday in a strike over wages and job cuts that has forced the troubled state-owned carrier to cancel all flights and left its future hanging in the balance.

Chinese e-commerce giant Alibaba is set to price its first share sale in Hong Kong next week, raising up to US$13.4 billion in what will be the largest deal in the city since 2010 and the world's biggest ever cross-border secondary listing.

KUALA LUMPUR: Malaysia's economy grew at its slowest pace in a year in the third quarter as exports faltered, but the central bank said growth will remain positive and maintained its outlook for 2019. Gross domestic product grew 4.4 per cent in the July-September quarter, slowing from the 4.9...

JAKARTA: Indonesia swung to a trade surplus in October due to a slower-than-expected drop in exports, despite weak global trade amid the US-China trade war, data from the statistics bureau showed on Friday (Nov 15). Southeast Asia's largest economy recorded a trade surplus of US$161.3 million in ...

Private sleuth Sun Jinrong brings heat detectors, tiny surveillance cameras, and a blow dart loaded with a tranquiliser to his search for one desperate client's missing loved one: A cat named Duoduo.

Asian stocks jumped on Friday, propelled by a record S&P 500 finish and White House comments suggesting Washington and Beijing were close to striking a trade deal, reviving hopes the tariff war may near an end.