Myanmar economy to remain ‘severely tested’ by coup fallout – World Bank
Myanmar's economy will remain critically weak for much of 2022 and will be "severely tested" by the impacts of a coup a year ago, but...
IMF warns of unbalanced China recovery, policy uncertainty
BEIJING: The International Monetary Fund said that China's economic recovery is well advanced but imbalanced due to weak consumption, and also warned of uncertainty brought...
Apple makes easy escape from supply crisis, but others may have to wait
Apple Inc's triumph over the global chips supply-chain shortage has signaled good news amid troubled markets around the world. Not so fast, say analysts. The...
Asian prices rise on Japan’s colder weather, Russia-Ukraine tensions
LONDON : Asian spot liquefied natural gas (LNG) rose this week as cold weather in Japan and parts of northern China lifted demand and amid...
WeTransfer company cancels IPO citing market volatility
AMSTERDAM : The company that owns the WeTransfer file service on Thursday said it was cancelling its initial public offering (IPO) on Amsterdam Euronext, citing...
Indonesia targets 33% jump in 2022 investment by tapping resource processing
JAKARTA: Indonesia aims to boost total investment this year by a third, bolstered by an influx of investment into its resource-processing sector, a cabinet minister...
India’s HDFC Capital raises $1.8 billion from ADIA, others for low-cost housing
NEW DELHI : India's HDFC Capital, a private equity investment manager, said on Sunday it has raised $1.8 billion from investors, lead by a unit...
Amazon’s Alexa returns after morning snooze
Users of Amazon's Alexa complained that the voice assistant was not working on Friday morning. According to the website Down Detector, the problem appeared to...
Covid-19: France to relax travel rules from the UK
France will relax its restrictions for those travelling from the UK from Friday, the government has announced. Vaccinated travellers will no longer need a compelling...
French holiday bookings surge after rule change
French holiday bookings have jumped after Paris said it would ease restrictions on UK travellers, travel firms have said. Airline Jet2 said it had seen...