US targets Huawei with tighter chip export rules
The US has announced new export controls aimed at limiting Chinese technology giant Huawei's access to semiconductor technology. The new rule bars semiconductor-makers that use...
Thailand to reopen malls and gyms, shorten curfew from May 17 as COVID-19 situation improves
[caption id="attachment_954" align="alignright" width="790"] An employee wearing a face mask under a protective face shield cleans tables at the food court of a partially closed...
Coronavirus: WTO head steps down a year early as downturn looms
The head of the World Trade Organization has said he will step down a year earlier than planned, at a crucial moment for the global...
Coronavirus ‘could cost global economy $8.8tn’ says ADB
The coronavirus pandemic could cost the global economy between $5.8tn and $8.8tn (£4.8tn-£7.2tn), according to Asian Development Bank (ADB). That's more than double last month's...
China industrial output posts surprise growth after COVID-19 collapse
[caption id="attachment_925" align="alignright" width="601"] China's economy tanked in the first three months of the year. [/caption] BEIJING: China's industrial output returned to growth for the...
Malaysia to recover US$107.3 million after settling 1MDB case against Wolf of Wall Street producer
[caption id="attachment_922" align="alignright" width="584"] Riza Aziz, one of the producers of The Wolf of Wall Street and stepson of Malaysia's disgraced ex-leader Najib Razak, was...
Hong Kong shop offers ‘tear gas’ flavor ice cream
At about $5 a serving, tear gas ice cream has been a hit [caption id="attachment_1099" align="alignright" width="654"] This May 4, 2020, image made from video...
One in four US workers claiming jobless benefits
The number of Americans seeking unemployment benefits jumped by almost 3 million last week as virus shutdowns continue to weigh on the US economy. The...
Remdesivir: Five Indian and Pakistani firms to make drug to ‘fight coronavirus’
A US pharmaceutical firm has signed agreements with drug makers in South Asia to expand supply of the drug remdesivir for treating Covid-19. [caption id="attachment_858"...
Coronavirus: Honda to restart UK production in June
Honda has said it will restart production at its UK car plant next month. [caption id="attachment_839" align="alignright" width="617"] ...