New World promotes Eric Ma to CEO, replacing Adrian Cheng after reporting HK$19.7 bln loss
Published: 4:51pm, 26 Sep 2024Updated: 5:06pm, 26 Sep 2024 New World Development reported its biggest loss on record, as a loss from continuing operations...
Hong Kong customs seizes HK$150 million worth of smuggled electronics, other items
Published: 4:49pm, 26 Sep 2024Updated: 4:59pm, 26 Sep 2024 Hong Kong customs officers have confiscated HK$150 million (US$19.3 million) worth of smuggled goods, including...
Why Germany’s economic issues run just as deep as China’s
Once again, Chinese policymakers have given investors reasons for hope. On September 24, the People’s Bank of China (PBOC) announced a raft of monetary...
Indian steelmakers seek higher tariffs as ‘predatory’ Chinese imports surge
India’s steelmakers have called on the government to double tariffs on steel imports to curb a surge in cheaper steel shipments from China, according...
Australia’s Qantas Airways duped nearly 1 million passengers in fake flights scandal
Qantas Airways Ltd.’s ghost-flight scandal misled almost one million customers booked on tens of thousands of non-existent services, according to court documents that reveal...
Peter Mandelson on why UK’s U-turn on China was a big ‘mistake’, what Labour will do next
Published: 4:00pm, 26 Sep 2024Updated: 4:05pm, 26 Sep 2024 Britain’s biggest mistake with China over the past decade was its sharp shift from courtship...
South Korea dangles US$75 million in incentives to get rid of dog meat trade for good
South Korea will help rehome almost half a million dogs bred for food and give dog farmers subsidies and incentives to help them prepare...
Fiat and Jeep owner Stellantis’ CEO follows Chinese route to avoid EV tariff ‘trap’
Carmaker Stellantis wants to adopt the low-cost mindset of Chinese electric vehicle (EV) makers, despite the European and United States tariffs that chief executive...
Singapore’s train commuters flustered by massive MRT service disruption
Published: 3:31pm, 26 Sep 2024Updated: 5:01pm, 26 Sep 2024 Singapore is grappling with one of its longest railway disruptions as a service suspension caused...