The economic fallout from the COVID-19 pandemic has negatively impacted about 31 million workers in Vietnam, with 900,000 out of work and nearly 18 million people receiving less income than before, a government agency said on Friday.
TOKYO: Minimalist lifestyle brand Muji's US subsidiary has filed for Chapter 11 bankruptcy protection, its Japanese owner Ryohin Keikaku said on Friday (Jul 10), joining the list of casualties from the coronavirus pandemic. Ryohin Keikaku said Muji aims to close unprofitable stores and renegotiate ...
China's national security law for Hong Kong and moves by the United States to begin withdrawing privileges enjoyed by the city under U.S. law have unsettled investors.
As the crisis engulfing his business empire deepened, Bavaguthu Raghuram Shetty met with Bank of Baroda officials in mid-March to discuss the US$250 million he and his firms owed.
When Chandana Hiran was a child, strangers would urge her to lighten her skin. Today the Indian student is leading a campaign against whitening creams as global anti-racism protests highlight the obsession with fair complexions for many in Asia.
BRASILIA: Brazil's right-wing President Jair Bolsonaro criticized Facebook Inc on Thursday for suspending accounts of his supporters but not of his leftist opponents in what he called unwarranted "persecution," adding that no hate postings were to be found on his account. Facebook on Wednesday ...
Telecom Italia (TIM) has excluded China's Huawei Technologies from a tender for 5G equipment for the core network it is preparing to build in Italy and Brasil, two sources familiar with the matter said on Thursday.
WASHINGTON: The Trump administration will announce actions against France over its digital services tax but will defer them while France defers tax collections from U.S. technology firms, U.S. Trade Representative Robert Lighthizer said on Thursday. The actions, expected by industry to be ...
Japan's economy will shrink at the fastest pace in decades in the year through March 2021, forcing the government to compile another stimulus package to cushion the blow from the coronavirus pandemic, a Reuters poll showed on Friday.
REUTERS: Epic Games, the creator of the popular video game "Fortnite", said on Thursday it had received a US$250 million investment from Japan's Sony Corp for a minority stake in the company. Last month, Bloomberg reported that Epic was close to raising a US$750 million round of funding, from...
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