Tony Fernandes, chief executive officer of Capital A Bhd., during the Milken Institute Asia Summit in Singapore, on Thursday, Sept. 14, 2023. The summit runs through Sept. 15. Bloomberg | Bloomberg | Getty Images AirAsia founder and CEO Tony Fernandes says he does not regret the viral LinkedIn post that showed him receiving a massage … Read more
Huawei’s Aito electric cars are manufactured by Seres in Chongqing, China. China News Service | China News Service | Getty Images BEIJING — China revealed this week it aims to spend more than a billion dollars to bolster manufacturing and domestic tech in a bid to remain globally competitive, while divulging little new support for … Read more
People using their mobile phones on July 17, 2016 in Surakarta, Indonesia. Solo Imaji | Barcroft Media | Getty Images Smartphone shipments in Southeast Asia continued a resurgence at the start of 2024, contrasting to a lull in other regions, as the promising market for mobile makers continues to attract more brands and investment. The … Read more
Chinese Foreign Minister Wang Yi in 2019. Mark Kauzlarich | Reuters BEIJING — China’s top diplomat slammed the U.S. for worsening bilateral tensions, while reiterating Beijing’s support for peaceful resolutions to the Middle East and Russia-Ukraine conflicts. “There is some progress in the China-U.S. bilateral relationship, but we have to point out that U.S. continues … Read more
Workers inspect smart phone components at the visual inspection area of the surface mount technology workshop inside the Realme factory in Greater Noida, India: Anindito Mukerjee | Bloomberg | Getty Images Anindito Mukerjee | Bloomberg | Getty Images India’s booming tech sector has suffered a major blow as startup darlings Byju’s and Paytm plunge into … Read more
Wu Qing, Chairman of the China Securities Regulatory Commission, answers a question at a press conference during the second session of the 14th National People’s Congress (NPC) in Beijing on March 6, 2024. (Photo by WANG Zhao / AFP) (Photo by WANG ZHAO/AFP via Getty Images) Wang Zhao | Afp | Getty Images BEIJING — … Read more
China’s central bank governor said there was room to further cut banks’ reserve requirements, and pledged to utilize monetary policy to prop up consumer prices. Bloomberg | Bloomberg | Getty Images BEIJING — China’s central bank governor said there was room to further cut banks’ reserve requirements, and pledged to utilize monetary policy to “mildly” … Read more
A Chinese flag flies high over The Bund. Liu Liqun | Corbis Documentary | Getty Images China may want a “new leap forward” in “productive forces” — but President Xi Jinping may need to resort to an old tactic to hit the country’s ambitious growth target this year, one economist warns. Beijing set its annual … Read more
New cars of the “Dolphin” model from Chinese car manufacturer BYD are in the harbor. Picture Alliance | Picture Alliance | Getty Images Chinese electric vehicle makers shares listed in Hong Kong fell on Tuesday as worries of price wars in the sector grew. China’s EV market, the world’s largest and most crowded, is seeing … Read more
Singapore Prime Minister Lee Hsien Loong said Tuesday that a closed-door deal for Taylor Swift to perform in the city-state ensured she would not perform in other Southeast Asian countries during her Eras tour. “(Our) agencies negotiated an arrangement with her to come to Singapore and perform and to make Singapore her only stop in … Read more