Profitability pressure grows for China’s state banks amid low rates
China’s top banks face continued pressure, as a slowing economy, lower interest rates and weak loan demand weighed on first-half earnings. Advertisement Net profit...
Thailand’s Prime Minister Dismissed by Top Court Over Cambodia Phone Call
Thailand’s Constitutional Court permanently removed Paetongtarn Shinawatra as prime minister on Aug. 29, ruling that she violated constitutional ethics rules during a leaked phone...
Hong Kong restaurant hit with ban for firing local staff after importing workers
Published: 7:13pm, 29 Aug 2025Updated: 7:35pm, 29 Aug 2025 Hong Kong authorities have banned a restaurant from bringing in staff from outside the city...
China’s C919 Jet Disaster, $10 Billion Investment, 5 Domestic Deliveries, Zero Orders Overseas
Recently, China’s aviation industry faced a major shakeup. The country’s top airlines are planning to order nearly 1,000 aircraft from Boeing and Airbus. The...
Hong Kong reduces Silver Bond coupon ahead of expected rate cut
The Hong Kong government is lowering the guaranteed coupon rate for its 10th batch of Silver Bonds offered to the city’s senior citizens, as...
China unveils world’s first ‘all-frequency’ 6G chip capable of 100Gbps speeds
Published: 7:00pm, 29 Aug 2025Updated: 7:36pm, 29 Aug 2025 Chinese scientists have developed the world’s first “all-frequency” 6G chip that could help bridge the...
Alibaba’s quarterly profit surges 78% on equity investments, disposals
Alibaba Group Holding, China’s e-commerce and cloud computing services giant, on Friday reported a 78 per cent surge in profit for the June quarter,...
90 more days: US extends Chinese import exclusions from Section 301 tariffs
The Office of the US Trade Representative (USTR) has announced a 90-day extension on a slew of product exclusions from Section 301 tariffs on...
‘State intimidation’: Iran executions surge to over 800 this year
More than 800 people have been executed in Iran since the start of the year, the UN said on Friday, decrying “a systematic pattern...