SOMERSBY, Australia: Beekeepers in New Zealand are seeking the exclusive right to use the "manuka" label for their honey, pitting them against rival Australian farmers over a prestige product that can fetch hundreds of dollars per jar. Manuka honey takes its name from the Maori term for ...
BEIJING :China's factory gate prices rose at the fastest rate in three and a half years in April, official data showed on Tuesday, as the world's second-largest economy continued to gather momentum following record-setting growth in the first quarter.
The Philippine economy shrank by more than expected in the first quarter of 2021, official data showed on Tuesday, as prolonged pandemic-induced lockdowns kept domestic demand sluggish.
Japan's SoftBank Corp will invest US$60 million for a 23per cent stake in the digital analytics and artificial intelligence arm of Malaysian telecoms firm Axiata Group Bhd, said two sources familiar with the matter.
BEIJING :China should implement its commitments to equal treatment for foreign business and abandon "implicit" guidance to replace foreign products with domestic alternatives, the American Chamber of Commerce in China said on Tuesday.
SEOUL: South Korea's Kakao Entertainment said on Tuesday (May 11) it was acquiring US-based online comic app Tapas and serialised fiction app Radish for US$510 million and US$440 million, respectively. The purchase will make the online comic, talent agency and movie-making unit of South Korean ...
SEOUL: South Korean battery material maker SK IE Technology (SKIET) saw its stock debut on Tuesday (May 11) at double its initial public offering (IPO) price, amid rising expectations of electric vehicles (EV) displacing those powered by fossil fuel. SKIET's shares opened at 210,000 won, valuing ...
TOKYO: Japan's household spending posted its biggest monthly gain in 18 months in March, data showed on Tuesday, as consumer demand rebounded strongly from the heavy blow it took from the worsening impact of the coronavirus pandemic last year. But an extension of new state of emergency ...
HOUSTON: Three U.S. Gulf Coast oil refineries reduced fuel production on Monday as the four-day-old Colonial Pipeline outage limited the ability to move products to market. Colonial shut its 5,500-mile (8,850-km) pipeline system, the major artery delivering gasoline, diesel and jet fuel to mid ...
The Treasury Department on Monday (May 10) launched its US$350 billion program to distribute aid to state and local governments, giving the US economy an added boost as President Joe Biden sought to assure the country that stronger growth is coming. The aid is part of Biden's larger US$1.9...
