China Southern Air Holding, the parent of China Southern Airlines , has set up a cargo company with registered capital of 1 billion yuan (US$143 million), as it looks to consolidate its air cargo assets through state-led reforms.
HONG KONG: Chinese football authorities have announced major curbs on spending by clubs ahead of the 2020 season that include a cap on foreign and domestic players' salaries as they seek to stave off financial ruin. Overseas recruits to the Chinese Super League in the upcoming winter transfer ......
AS Singapore grapples with an ageing population, DBS Bank has rolled out an e-learning course to all its 12,000 employees in Singapore to pick up skills needed to recognise and serve customers with signs of dementia.
China is in close touch with the United States on signing a Phase 1 trade deal, the country's commerce ministry said on Thursday, adding that both sides are still going through necessary procedures before the signing.
Indian initial public offerings tumbled to a 4-year low by value in 2019 as the economy slowed, but some analysts are hoping for better in 2020 on the back of potential government reforms likely to boost stock markets.
Despite a strong start to this decade in 2010, emerging market stocks underperformed developed market peers and were weighed down by events such as the Chinese market sell-off, debt crises in Turkey and Argentina and the Sino-U.S. trade war.
SINGAPORE: Singapore’s monthly manufacturing output decreased in November after seeing an uptick in the previous months, data from the Singapore Economic Development Board (EDB) showed on Thursday (Dec 26). Manufacturing output fell 9.3 per cent in November on a year-on-year basis. On a ...
California attorney Michael Avenatti, known for representing porn actress Stormy Daniels in a lawsuit against U.S. President Donald Trump, was more than US$15 million in debt when he allegedly tried to extort as much as US$25 million from Nike Inc , U.S. prosecutors claimed.
Oil prices rose on Thursday, buoyed by a potential breakthrough in the Sino-U.S. trade war and OPEC-led efforts to constrain supply, although trading was quiet as many markets were in holiday mode.
SHANGHAI: China's central bank lifted its official yuan midpoint to the highest in more than four-and-a-half months on Thursday (Dec 26), breaching a key threshold, to reflect strong gains in the spot yuan a day earlier. The People's Bank of China (PBOC) set the midpoint rate at 6.9801 per...
