US sanctions Chinese and Mexican firms over fentanyl making equipment
The United State sanctioned more than a dozen Chinese and Mexican companies on Tuesday, accusing them of shipping or selling equipment that make counterfeit pills, as it cracks down on imports of illegal fentanyl that fuels America's deadly opioid epidemic.
2023-05-31 13:46
China's factory production hits lowest level since the end of zero-Covid policy
Factory activity in China slumped to its weakest level since the country ended its zero-Covid policy in December, as its economic recovery continues to lose steam.
2023-05-31 10:23
China urges Japan to end curbs on chip exports
China's commerce minister has urged Japan to end its newly announced curbs on exports of chipmaking equipment, saying it would hurt economic and trade relations between the two countries.
2023-05-30 12:25
Wuhan is pressing hundreds of Chinese firms to repay their debts in rare public warning
Wuhan, the largest city in central China, has publicly demanded that hundreds of local companies repay their debts, in an extremely rare move that highlights the dire financial situation facing many of the country's municipal governments amid economic uncertainty.
2023-05-29 17:24
Asian shares rise as investors cheer US debt ceiling agreement
Asian stocks mostly rose on Monday as investors cheered an agreement in principle between the White House and House Republicans to raise the US debt ceiling that could avert a cataclysmic default.
2023-05-29 11:50
Too few jobs, too many workers and 'no plan B': The time bomb hidden in India's 'economic miracle'
For young Indians, there's a flip side to the so-called economic miracle: too few jobs and too much competition.
2023-05-28 07:55
Shein is about to return to India in a big way
Shein is plotting a major comeback in India, nearly three years after it was booted out of the country.
2023-05-26 17:59
Cathay Pacific fires cabin crew over alleged discrimination of passenger on flight from China
Cathay Pacific Airways said Tuesday it had fired three cabin crew members after a passenger complained of discrimination on a flight from mainland China, an incident that angered Hong Kong officials and underscored the pressure on the city's flag carrier to please Beijing.
2023-05-24 15:19
China's economy is growing again. So why are investors getting out?
Until a few weeks ago, Chinese shares were among the best-performing in the world over the previous six months as investors bet on the country's economic recovery after the lifting of pandemic restrictions.
2023-05-19 15:59
This company wants to be the 'Booking.com for rocket launches'
Abu Dhabi startup Precious Payload is simplifying space travel. Its rocket-booking platform lists upcoming launches, helping researchers and entrepreneurs plan their space missions with the click of a button.
2023-05-19 15:55
Xi Jinping says no to 'street stall economy' in Beijing
Chinese President Xi Jinping has opposed the lifting of curbs on street vendors in Beijing, signaling splits within government over a policy shift aimed at tackling rising unemployment.
2023-05-18 19:19
SP Hinduja, billionaire head of Britain's richest family, dies at 87
Srichand Hinduja, the Indian-born billionaire leader of a global business empire and the patriarch of Britain's wealthiest family, has died aged 87, his daughters said on Wednesday.
2023-05-18 10:29