SHANGHAI: Chinese state media tempered their criticism of the video game industry on Wednesday (Aug 4), a day after a strongly worded article drove down shares in Tencent Holdings, while still stressing concern over the use of the Internet by minors. The articles followed Tuesday's report in the ......
BANGKOK: Myanmar is limiting the number of foreign staff allowed to work in domestic banks, a move that industry sources warn could further impede financial development in a country that had seen a boom in foreign investment before the military coup. A letter dated Aug 2 and posted on...
E-commerce giant Amazon.com Inc started to offer its Brazilian Prime subscribers free one-day delivery in 50 cities on Wednesday, amid fierce market competition in Latin America's largest economy.
A slew of measures by Chinese authorities to tame soaring raw material costs has had only a fleeting effect, leaving the world's largest manufacturing base facing the harsh reality of substantially higher input costs for the foreseeable future.
Japanese automakers Honda Motor and Nissan Motor saw their sales in China tumble in July as overall sales in the world's biggest car market decline.
Taiwan's exports likely rose for a 13th straight month in July, a Reuters poll showed, boosted by strong demand for electronics goods as the global economy traces its path back to recovery with sustained work-from-home trends.
China may need more monetary and fiscal easing to halt an economic slowdown in the wake of torrential rains and flooding, and authorities' tough response to outbreaks of the highly-transmissible coronavirus Delta variant, economists say.
German fashion house Hugo Boss said it expected a rebound in its business to continue in the second half of the year as sales almost recovered to pre-pandemic levels in the second quarter.
Rolls-Royce said it agreed to sell its Norwegian maritime engine business Bergen to UK-based Langley Holdings, in a deal which will boost the British aero-engine maker's finances by 110 million euros (US$130.6 million).
RIT Capital Partners, the investment trust founded by Jacob Rothschild, is co-leading a funding round for crypto investment platform Aspen Digital intended to finance the creation of an online platform that would give wealthy investors a single portal to manage crypto investments.
