BANGKOK: Thailand's key exports could decrease by as much as 300 billion baht (US$9 billion) in the remaining months of the year if the spread of COVID-19 infections continues at factories, the country's exporters' group said on Tuesday (Aug 3). Since April, Thailand has been struggling to contain ...
A company controlled by the founder of China's e-commerce giant JD.com Inc has been granted approval to set up a new cargo airline based in the eastern province of Jiangsu, China's aviation regulator said on Tuesday.
NEW DELHI: Female labour participation rate in India fell to 16.1 per cent during the July to September 2020 quarter, the lowest among the major economies, a government report said, reflecting the impact of the COVID-19 pandemic and a widening job crisis. The percentage of women in the labour ...
Australian airline Qantas announced Tuesday it will furlough 2,500 workers as coronavirus outbreaks and regional lockdowns pummel demand for flights.
BMW raised its profit forecast for 2021 on Tuesday after strong quarterly results, but warned that the global semiconductor chip shortage and rising raw materials prices would impact its performance in the second half of the year.
Tencent Holdings on Tuesday said it would introduce new measures to reduce minors' access to and time spent on its "Honor of Kings" game, a move it plans to eventually roll out to its full games line-up.
The dollar was on the back foot against the safe-haven yen and Swiss franc on Tuesday after soft U.S. manufacturing data and rising concerns about the coronavirus Delta variant prompted traders to wind back bets on a strong economic recovery.
Advertising firm Leo Group said it is applying to a Chinese court to freeze 356 million yuan (US$55.06 million) in assets of Evergrande Group for overdue payments, the latest supplier to sue the indebted property developer.
Standard Chartered PLC posted a 57per cent rise in its first-half pretax profit, higher than expected, as the bank benefited from an economic recovery from the coronavirus pandemic.
SHANGHAI: China's State Administration For Market Regulation is launching an investigation into chip distributors in the auto industry, citing suspicions of price gouging, according to an official statement published on Tuesday. (Reporting by Josh Horwitz; Editing by Tom Hogue)
