Asia/Pacific

China Shows Heavy Support for Hong Kong Economy After Pressuring the Country to Enact New Security Law

China pledged increased support for Hong Kong's economy after enacting a new security law, which Human Rights activists condemned for silencing political dissents against China.


Marina Bay Sands Reports Record Profit Surge of $811.4 Million in Q1 Alone

Marina Bay Sands (MBS) reported a surge in profits by 51.5% to $811.4 million in the first quarter of 2024, which coincided with the increase in casino revenue to $859 million from $593 million the pr..

China Slams US Probe Targeting Beijing's Logistic, Maritime, and Shipbuilding Industry

A spokesperson for China's Ministry of Commerce (MOFCOM) said the US petition against its maritime, logistics, and shipbuilding sectors is full of baseless allegations that impede trade and investment..

US Report: North Korea Producing Viruses, Bacteria for Germ Warfare Program

According to the United States' most recent assessment of Pyongyang's weapons of mass destruction, Kim Jong Un's regime is genetically engineering the ingredients for bacteria, viruses, and toxins as ..


Latest News

Japan gears up for fintech revolution
Japan is planning big for exploring 'fintech' (financial technology) segment. The world's third largest economy has decided to ease restrictions on investment in the fintech sector. After the proposed
Support For Shinzo Abe’s Stimulus Package on Spending Measures Rises
Japanese economy has been witnessed to go through sluggish growth rate. To boost up the economic growth, Prime Minister Shinzo Abe has been planning for announcing a stimulus package of new spending m
El Niño Hurts Malaysia's Palm Oil Output
Due to the continuing harmful effects of El Niño, Malaysia's palm oil production has been greatly affected reducing output by millions of metric tons.
China to make inroads into global chip making
China is planning to become a major force in the global semiconductor segment. State-run XMC is setting up a major $24-billion semiconductor project in association with a US company.
Vijay Mallya Steps Down As Sanofi India Chairman
Vijay Mallya announcement his retirement as Sanofi India Chairman and wishes not to be elected anymore. He said that he wants to spend more time in England where his children stay.
The World is Facing Sugar Shortage Until at Least 2017, Caused by El Niño
El Niño is hitting on cane productions especially in Asia, leading to a global shortage and the rise in prices. This would be the first year of sugar shortage after years of surplus. The shortage is p
PetrChina To Cut Production Following 67% Decrease In Profit Earnings During 2015
PetroChina has announced its earnings, forecasts and future planning for cutting down production on Wednesday in Hong Kong. Around 67% decrease in net profit and 12-year low oil price has apparently p
Mitsui Forecasts ¥64 Earnings Per Share Despite Possibility For Incurring Net Annual Loss
Markets of iron ore and gas have been hit hard due to over supply and decreasing demand and Japanese trading house Mitsui & Co. also follow trait. The Japanese trading house is going to embrace loss f
Some US energy chiefs make more cash amid oil turmoil
Contrary to a notion that oil rout is impacting everyone in the industry, there are few bosses at energy companies making more money based on their performance. Few top managers are excelling in meet
Bangladesh Bank Mulls For Lawsuit Against New York Fed
The Federal Reserve Bank of New York has denied any responsibility over the $81 million cyber heist from the current account of Bangladesh Bank. But a BB audit report observes NY Fed responsible since
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