Services consumption to underpin China’s economic growth
A high-level meeting convened by China's top leadership in late April placed high premiums on efforts to boost services consumption and strengthen the role of consumption in…
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Czech-Korean nuclear deal under EU scrutiny
The signing was suspended after a regional court granted a preliminary injunction at the request of France’s EDF, the losing bidder in the tender.
Philippines hit by over 4.1 million ‘guess the password’ IT attacks in 2024
A successful attack will allow cybercriminals to illegally obtain user credentials and other sensitive data.
Thailand’s edible insect market poised for explosive growth
Already ranked as the world's sixth-largest insect exporter, Thailand's deep-rooted expertise in insect farming and growing domestic market acceptance provide a solid foundation…
Nissan plans to cut 20,000 jobs worldwide
This accounts for about 15% of the company’s consolidated workforce.
Flight disruptions continue amid India-Pakistan tensions
Air India and IndiGo have announced the cancellation of flights to and from several key cities near the India-Pakistan border for Tuesday.
South Korea-Czech nuclear deal advances despite court injunction
The deal was postponed after a court injunction was granted in response to a legal challenge by French energy company EDF, an unsuccessful bidder in the tender.
New lifts, pipes, cafes: China doubles down on urban upgrades to buck ‘consumption downgrade’
But getting people to spend has been a challenge amid a “consumption downgrade”, arising from an expected slowdown in the global economy due to geopolitical tensions.
Indonesia courts Bill Gates for sovereign wealth fund board to anchor philanthropy push
The Gates Foundation has pitched a strategic collaboration with Danantara Trust, the philanthropic arm of Indonesia’s state asset fund, which is being set up to manage…
China’s central bank cuts interest rate as US tariffs threaten economy
People’s Bank of China Governor Pan Gongsheng announced Wednesday that the lending rate to commercial banks would be reduced by 0.25 percentage points to 1.5 percent.