China chipmaker SMIC to raise US$6.55 billion in Shanghai share sale

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[caption id="attachment_4163" align="alignnone" width="905"] Employees work at a production line in the clean room of Semiconductor Manufacturing International Corporation (SMIC) in Shanghai February 25, 2008....

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Indonesia says trade, investment deal with Australia takes effect

July 5, 2020July 5, 2020

[caption id="attachment_4157" align="alignnone" width="945"] Australian Prime Minister Scott Morrison (L) and Indonesian President Joko Widodo meet before a discussion with ministers in the Cabinet Room...

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Business News world

New Zealand’s Ardern launches election campaign with promises of jobs, financing

July 4, 2020July 4, 2020

[caption id="attachment_4093" align="alignnone" width="932"] New Zealand's Prime Minister Jacinda Ardern speaks during a press conference about the COVID-19 coronavirus at Parliament in Wellington on Jun...

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Business News

Commentary: COVID-19 is likely to worsen gender inequality in Asia

July 4, 2020July 5, 2020

Previous pandemics show that women are worse-off in terms of economic security and job opportunities, say observers. [caption id="attachment_4120" align="alignnone" width="879"] FILE PHOTO: Women are...

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Business News Science & Technology world

UK PM Johnson to phase out Huawei’s 5G role within months: Report

July 4, 2020July 4, 2020

[caption id="attachment_4096" align="alignnone" width="928"] FILE PHOTO: The Huawei logo is seen on a communications device in London, Britain, Jan 28, 2020. [/caption] LONDON: British Prime...

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Breaking News Business News

Philippine officials faked data showing ex-Wirecard exec in country

July 4, 2020July 5, 2020

[caption id="attachment_4116" align="alignnone" width="964"] Wirecard has admitted that 1.9 billion euros missing from its accounts likely did not exist [/caption] MANILA: Philippine immigration officers falsified...

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Business Healthcare News

Pubs, restaurants and hairdressers reopen as England’s lockdown eases

July 3, 2020July 4, 2020

[caption id="attachment_4013" align="alignnone" width="957"] People enjoy drinks at a bar in Clapham, London, Britain, Jul 3, 2020. [/caption] LONDON: England takes its biggest steps yet...

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Business News world

US sends carriers to South China Sea during Chinese drills

July 3, 2020July 3, 2020

[caption id="attachment_4010" align="alignnone" width="950"] US Navy aircraft carrier USS Ronald Reagan is seen during its visit to Hong Kong, Nov 21, 2018. [/caption] WASHINGTON: Two...

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Business News

Hotels can apply to reopen for staycation bookings

July 3, 2020July 4, 2020

[caption id="attachment_4025" align="alignnone" width="920"] People walk past the Marina Bay Sands hotel in Singapore. [/caption] SINGAPORE: Hotels in Singapore may now apply to reopen for...

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Business News

Commentary: Bigger governments aren’t necessarily a bad thing

July 3, 2020July 4, 2020

Governments could use their massive bailouts now to target a more sustainable and equitable society, says Saadia Zahidi. [caption id="attachment_4035" align="alignnone" width="902"] File photo of...