BEIJING: China's banking and insurance regulator issued rules on Tuesday on wealth management products for cash, tightening oversight of the US$1 trillion market. China Banking and Insurance Regulatory Commission banned such products from investing in stocks and convertible bonds and said the ...
BEIJING: Chinese app stores removed several apps developed by companies including Sogou and Iflytek amid increased scrutiny of the technology sector and data protection. As of Friday (Jun 11) afternoon, the so-called input method apps, which serve as virtual keyboards, could not be downloaded on ...
INFRASTRUCTURE financing platform Bayfront Infrastructure Management has priced US$401 million in infrastructure asset-backed securities, almost half of which are sustainable green or social assets.
Indonesia is expected to post its biggest trade surplus in six months of US$2.3 billion in May, with exports and imports seen surging amid high commodity prices and a global trade recovery, a Reuters poll showed on Friday.
TOKYO: Astomos Energy Corp, Japan's biggest importer and wholesaler of liquefied petroleum gas (LPG), said on Friday it had signed to buy from Royal Dutch Shell a cargo of LPG with offset carbon emissions. The purchase of carbon neutral LPG cargo at the scale of the Very Large Gas...
TOKYO: U.S. proxy advisory firm Glass Lewis has urged shareholders to vote against the re-appointment of Toshiba Corp's board chairman Osamu Nagayama and four others nominated to the board by the company, the Nikkei business daily reported on Friday. Glass Lewis recommended opposing the re ...
KUALA LUMPUR: Malaysia's Industrial Court has ruled in favor of dozens of migrant workers in a labor dispute against American tire manufacturer Goodyear Tire & Rubber Co, court documents showed on Thursday, amid accusations of unpaid wages and employee mistreatment at the firm's Malaysian ...
U.S. investment bank Goldman Sachs expects Brent crude prices to reach US$80 per barrel this summer, betting that a recent oil market rally will continue as vaccination rollouts boost global economic activity and demand for the commodity.
Vehicle sales in China fell 3per cent in May from the same month a year earlier, snapping a streak of 13 consecutive months of gains, industry data showed on Friday.
Toyota Motor Corp will aim to make its factories carbon neutral by 2035, the automaker's chief production officer told an online media briefing on Friday.
