A South Korean court on Tuesday (Jun 9) declined to issue an arrest warrant for the heir to South Korea's Samsung empire over a controversial...

Japan's economy braced for its worst postwar slump even as first-quarter GDP contracted significantly less than primarily thought, as the cornonavirus crisis slams the brakes...

Three airlines have written to the British government in protest at its “wholly unjustified and disproportionate” quarantine rules for some international arrivals from Monday, a...

Japan’s economy shrank significantly less than initially estimated in the first quarter however the broad impact from the coronavirus crisis is still expected to send...

The de facto leader of Samsung Group, Jay Y Lee, appeared before a South Korean court on Monday (Jun 8), awaiting a ruling on whether...

Takeshi Niinami, the top of Japanese drinks and food group Suntory Holdings and a government adviser, predicted on Friday that a lot more than 20%...

Publicly listed cosmetics company PT Martina Berto, part of Martha Tilaar Group, has shifted its business focus to healthcare products as demand for cosmetics dwindles...

Malaysia's new government wouldn't normally be willing to accept even compensation of US$3 billion from Goldman Sachs in a settlement over the 1MDB scandal, the...

Japan's household spending slumped again in April, falling 11.1 percent from a year earlier, government data showed Friday, as the world's third-largest economy struggled with...

As the coronavirus jolts Japan, the government's huge stimulus package has come under fire from hard-hit restaurant owners for channelling funds for stuff like wagyu...

Prosecutors filed for an arrest warrant on Thursday for Samsung chief Lee Jae-yong after his application for a public review of the investigation didn't stall...

U.S. stock indexes jumped on Friday, with the Nasdaq Composite less than 1 percent from a record high, on hopes of a faster monetary rebound...

Malaysia's exports tumbled 23.8 % in April from a year earlier, the steepest fall in a decade, as the COVID-19 pandemic badly disrupted the global...

China is already number one on the globe for mobile payment penetration, with 790 million persons likely to be using such payments this season.Chinese consumers...

The Korea Composite Stock Price Index rose for a fourth session on Wednesday to close above 2,100 points for the first time in around three...

Duty-free operators have been permitted to offer their products through normal retail channels in a bid to help them weather at least a number of...

The Singapore-China "fast lane" arrangement begins on Jun 8, and approved travellers must take a COVID-19 swab test within 48 hours before departure.  Users of the...

Nissan Motor Co has estimated the closure of its plants in Barcelona may cost up to around 1.5 billion euros ($1.7 billion), a union source...

Technology giant Gojek has announced that American tech companies Facebook and PayPal have invested an undisclosed amount in its new round of funding, joining other...

Korea's exports have dropped another 20 percent. In line with the Ministry of Trade, Industry and Energy on Monday, exports in-may fell 23.7 percent on-year...

Airlines, airports and insurers across Asia are bracing for the chance of unusually high damage as the region's tropical storm season begins, as a huge...

The federal government is considering including Japan in Kereta Cepat Indonesia China (KCIC), an Indonesia-China consortium to develop the Jakarta-Bandung high-speed railway, as Indonesia seeks...

Nike has taken a stand against racism with a "Don't do it" campaign, a twist on its famous catch phrase, as protests against police brutality...

Shuffling around their tiny slum home which is too small to operate in, Thanapat Noidee and his wife Papassorn share donated noodles with their sons...

Nissan is taking out of Korea, japan carmaker said Thursday.The carmaker in a statement said it'll stop selling its cars like the luxury brand Infiniti...

Samsung Display has won orders for the majority of the AMOLED displays necessary for Apple's new iPhone 12 lineup that will be rolled out in...

Cancelled shipments, returned goods and a dearth of new orders have left China exporters in crisis as the coronavirus hits its trading partners worldwide -...

India's central bank slashed interest levels on Friday in order to contain the monetary fallout of the world's major coronavirus lockdown and warned the economy...

Bangkok Bank has acquired an 89.12 percent stake in privately owned Bank Permata from diversified conglomerate PT Astra International and British lender Standard Chartered Bank...

Low-income households have been hit particularly hard by the economic slump compounded by the coronavirus epidemic and made income disparity in Korea worse in the...

State-owned electricity company PLN’s net profit nosedived last year as a result of higher tax expenses and operational costs that had offset its higher income,...

Sony Corp plans to create its financial services unit a wholly owned subsidiary to make sure stability as it rides out the hardships brought on...

China held its benchmark lending rate steady on Wednesday, though analysts believe the widely expected decision signals simply a brief pause in the central bank’s...

Samsung enjoyed an archive share in the global TV market in the first quarter this season amid a slowdown over the board due to the...

Thailand’s flag carrier Thai Airways International will file an idea for restructuring its business with the Central Bankruptcy Court, a government spokeswoman said Monday.Narumon Pinyosinwat...

Old-fashioned shops are deserted due to the coronavirus epidemic, which has sent their revenues into freefall.Lotte Department Store's first-quarter operating profit declined 82.1 percent on-year...

Compact and other small SUV are enjoying a boom in the domestic auto market.Korea's five carmakers sold a combined 72,416 smaller SUVs and 52,303 midsize...

Korea's two flag carriers suffered massive losses in the first quarter because of the global coronavirus lockdown.Korean Air was W692 billion in debt and Asiana...

While most businesses have already been forced to downsize and have halted recruiting new staff, a recent survey has discovered that some companies are continuing...

Beaches in France and Italy were open Saturday for the first weekend because the easing of coronavirus lockdowns while football fans awaited the return of...

The coronavirus pandemic has pushed the storied but troubled department store chain J.C. Penney into Chapter 11 bankruptcy. It's the fourth major retailer to meet...

Air Canada announced Friday that it'll lay off at least half of its staff as a result of collapse of its business through the coronavirus...

The Finance Ministry begins charging ten percent value-added tax (VAT) on imported digital goods and services, which include video and music streaming subscriptions, beginning with...

Indonesia’s imports have fallen for 10 consecutive months in April as manufacturing companies cut production output while consumer demand continues to shrink amid the COVID-19...

Six from every 10 jobseekers attended back from job interviews with a different image of the firms they put on than before.Some 63.1 percent said...

The U.S. Space Force - the hottest branch of the armed services - now has its flag.Defense Department officials presented President Donald Trump with the...

The Korea Composite Stock Price Index has risen 33 percent in only two months after the initial coronavirus shock. The KOSPI is currently close to...

Practically 600,000 Australians lost their jobs as the virus shutdown took hold in April, the steepest monthly drop since records started out more than 40...

Eight out of 10 jobseekers are actually ready to work for smaller businesses despite an ingrained desire for big conglomerates, a straw poll suggests.Employment portal...

Projected slower monetary growth caused by the COVID-19 pandemic is expected to worsen Indonesia’s battle to promote inclusive expansion in the united states, according to...

Hyundai chief Chung Eui-sun met with Samsung chief Lee Jae-yong on Wednesday to go over cooperation in growing rechargeable batteries for electrical cars.The lunch meeting...

Australia's trade minister is seeking urgent talks with his Chinese counterpart after key agriculture exports were hit with suspensions and tariff threats, but said Australia...

NCsoft's first-quarter operating profit surged 204 percent on-year to W241.4 billion thanks to the success of its new game "Lineage 2M," and sales jumped 104...

A machine learning tool that may determine the credibility of research could shorten the review period for scientific studies and, potentially, help identify the most...

Thirty-five from every 100 bankers earned a six-figure wage last year, plus some seven percent of them made more than W150 million (US$1=W1,225).But their high...

The lifting of coronavirus lockdowns in China has given the stuttering auto industry a jumpstart, with sales rising for the very first time in 2...

Renault Samsung on Monday unveiled a particular version of its XM3 small SUV which will only be sold online.This is the first-time a domestic automaker...

The dollar rose to a two-week high against major peers on Tuesday, propelled by rising USA bond yields and increasing safe-haven demand amid growing fears...

Exports nearly halved in the first week of May as the impact of the coronavirus epidemic becomes more visibly reflected in the figures.In line with...

As discussion escalates about how the work-from-residence model will continue as society reopens and businesses invite personnel back onto work premises, the style industry is...

US President Donald Trump said on Monday (May 11) he opposed renegotiating the US-China "Phase 1" trade deal after a Chinese state-run newspaper reported some...

The worst recession since the Great Depression is prompting indebted companies to default, and increasingly more will do so in a way that’s harder for...

Oil prices slid almost US$1 a good barrel on Monday seeing as concern over a good persistent glut and economic gloom due to the coronavirus...

Tesla has increased to the No. 3 location in sales of imported automobiles in Korea.According to first-quarter numbers announced simply by the Ministry of Trade,...

The Muslim fashion industry is experiencing a sharp decline in earnings at a time when the Ramadan festivities would normally result in peak sales, as...

State-Owned Enterprises Minister Erick Thohir has replaced the president director of Indonesian railway company PT Kereta Api Indonesia (KAI) following ministry’s plan to restructure major...

Eastar Jet is likely to lay off a large number of personnel after a voluntary retirement program drew only around 60 applicants. The troubled budget...

Korea saw the largest drop in private consumption on record this past year even prior to the coronavirus epidemic struck.According to Statistics Korea on Thursday,...

In a world where in fact the coronavirus pandemic has turned social distancing right into a new way of life, companies whose business models bank...

State-owned airport operator PT Angkasa Pura II, which manages most airports in the western part of Indonesia, has reduced its capital expenditure this season to...

The nominal Samsung chairman Lee Kun-hee, who is in a vegetative state, remains Korea's richest man and among only four Koreans on Bloomberg's list of...

The Environment Ministry is fining Mercedes-Benz W77.6 billion for illegally tampering with emissions tests, the biggest fine ever for a carmaker here (US$1=W1,225).The ministry on...

Eight years after arriving from Brazil, Rennan Yamashita sat in a government office in Mie Prefecture, filling in forms for unemployment insurance after losing his...

State-owned Bank Mandiri has successfully launched its US$500 million global bond as the demand from foreign investors, mostly from Asia and Europe, far exceeded the...

Low-cost carrier AirAsia Indonesia will soon resume flights from Surabaya, East Java, to the Malaysian cities of Kuala Lumpur and Johor Baru once they were...

Loan officers at US banks reported drastically tightening standards and terms on loans in the first 90 days of the year as the coronavirus outbreak...

Major retailers and manufacturers in Japan remain wary of the outlook for his or her business, as Japan on Monday extended its nationwide state of...

That weather influences the spending patterns of consumers is no real surprise, however now Hana Bank has broken down the consequences into clearer patterns in...

Asia's factory activity was ravaged in April, business surveys showed on Monday, and the outlook dimmed further as government restrictions on movement to support the...

After the airline industry's ugly ducklings, air freighters are actually flying high as a number of the only airplanes still criss-crossing the skies through the...

Korea's per-capita GDP based on purchasing-power parity is expected to plummet this season for the first time in 22 years due to the coronavirus pandemic.Per-capita...

LG has regained the lead in the global home appliance market, overtaking Whirlpool in both sales and operating profit in the first quarter of the...

Roche Holding received emergency use approval from the united states Food and Drug Administration (FDA) for an antibody test to help determine if persons have...

After fourteen days of tighter COVID-19 "circuit breaker" measures, Singapore will progressively ease some restrictions from May 5.More shops and services will be permitted to...

Home-based food businesses will be permitted to resume businesses from May 12, as part of the Government's efforts to little by little ease "circuit breaker"...

Coal India’s shipments in April slumped 25.5 percent from a year earlier after greater than a month-long nationwide lockdown halted financial activity, eroding demand for...

Consumer prices in Japan's capital city fell for the first time in 3 years in April and national factory activity slumped, data showed on Friday,...

State-owned electricity firm PLN has announced its intention to provide small-scale businesses and industries on 450-volt ampere (VA) contracts with six months of free electricity...

U.S. regulators on Friday allowed emergency make use of the first drug that appears to help some COVID-19 patients recover faster, a milestone in the...

More businesses are announcing wage cuts or nudging employees to go on no-pay leave amid the ongoing COVID-19 pandemic, which includes cast a dark cloud...

Shares fell in Asia on Friday after a crush of dismal data about the economy sent markets lower overnight in a meek ending to a...

The coronavirus is roiling global job markets, however the picture isn't all gloomy. Finance, technology and consumer goods organizations are hiring thousands in the usa...

Gojek has announced that it has acquired Indonesian payments start-up Moka to boost the digital procedures of micro, small and medium enterprises (MSMEs), especially during...

Credit card spending declined 4.3 percent last month as a result of coronavirus epidemic, the Credit Finance Association said Tuesday.This is the first-time ever that...

The coronavirus epidemic has dealt a huge blow to employment in Korea, the latest statistics show.The full total number of employees shrank by 225,000 on-year...

A drop in Google ad sales steadied in April plus some consumers returned to using the search engine for shopping furthermore to locating novel coronavirus...

The takeover of rival budget carrier Eastar Jet has been delayed by the coronavirus crisis in the aviation industry.Jeju Air said Tuesday that the acquisition...

Shareholders of private-owned Bank Permata have appointed executives of Thailand-based Bangkok Bank Public Company as new commissioners following a latter’s acquisition of the former’s majority...

Volkswagen will restart production at its Wolfsburg factory in Germany on Monday, the most recent of a fleet of European carmakers to take benefit of...

Samsung is set to get started on taking pre-orders for its new budget smartphone in a few days ahead of its to push out a...

Automotive giant Hyundai will break ground in the next month or two on a fresh headquarters building in Samseong-dong, Seoul.Construction of the 569-m skyscraper have...

Despite a decline in work activities because of the "circuit breaker" imposed to fight COVID-19, there have been more fatal workplace accidents so far this...

The Bank of Japan on Monday (Apr 26) ramped up its emergency monetary easing, lifting the cap on its buying of government bonds and increasing...

Oil prices fell on Monday on signs that worldwide oil storage is filling rapidly, raising concerns that production cuts will not be fast enough to...

European planemaker Airbus issued a bleak assessment of the impact of the coronavirus crisis, telling the company’s 135,000 employees to brace for potentially deeper job...

Seiyu GK, japan unit of Walmart Inc, says it'll pay a particular bonus of up to 15,000 yen to store workers, as the retailer continues...

THE UNITED STATES Treasury Department said on Saturday (Oct 25) it has released US$9.5 billion in additional funds from the Payroll Support Program to US...

A record 1.61 million were temporarily out of work last month, and there are fears that lots of will become permanently unemployed even if the...

Hyundai's sales and operating profit slightly rose in the first quarter of the entire year regardless of the coronavirus epidemic because of a weak won.However...

Korea's economy shrank 1.4 percent through the first three months of the year, the largest plunge because the global financial crisis 11 years back. A...

President Moon Jae-in on Thursday pledged to spare no effort to greatly help Korea's shipping industry become among the world's leaders. He was speaking at...

The European textiles and clothing sector needs urgent assist, if it really wants to stay a strategic pillar of the European economy. EURATEX President Alberto...

The federal government on Wednesday proposed an W89.4-trillion aid package to help businesses and staff weather the coronavirus epidemic (US$1=W1,233).That will need a third extraordinary...

The federal government has yet to disburse Rp 48 trillion (US$3.09 billion) to state-owned electricity company PLN for electricity subsidy costs incurred in the last...

The federal government on Wednesday announced a W3.4-trillion intend to create 550,000 jobs as employment shrivels as a result of coronavirus epidemic (US$1=W1,233). It is...

Japanese Airlines in Wednesday slashed its forecast for total annual net profits by 43 percent as a result of the coronavirus, so that it is...

America Senate approved a bipartisan, practically half-trillion-dollar coronavirus relief package Tuesday, with funding earmarked for devastated smaller businesses, overwhelmed hospitals, and a ramp-up of testing...

USA oil prices surged Wednesday after falling below zero for the very first time at the start of the week as markets drown in crude...

The Uber Eats food delivery service in March saw a 20 percent increase in the number of restaurant contracts in Japan from a month earlier,...

Consumer habits have rapidly changed since emergency measures were launched in mid-March to decelerate the spread of COVID-19, prompting retailers to introduce new ways to...

Around 1,200 executives at Hyundai's 50 affiliates have decided to an indefinite 20-percent pay cut starting this month.The automotive conglomerate has been hit hard by...

Cash-strapped Virgin Australia collapsed on Monday, so that it is the major carrier to buckle beneath the strain of the coronavirus pandemic, which has ravaged...

The coronavirus epidemic could bring about the increased loss of 330,000 jobs and drastic government action will be had a need to prevent this, the...

Oil futures plunged below zero on Monday, the latest never-before-seen number to emerge from the economic coma caused by the coronavirus pandemic.Stocks and Treasury yields...

US crude fell about 20 % to below US$15 a barrel on Monday (Apr 20), its lowest level in about two decades, as a coronavirus-triggered...

Korea's car exports are anticipated to stop by up to half this month as the world economy has been ravaged by the coronavirus epidemic.The Korea...

Low-cost carriers in Korea are boosting domestic flights to remain afloat after putting many staff on indefinite leave and making massive losses.T'way Air made a...

Apartment prices in Seoul declined for a fourth week the other day as potential buyers twiddled their thumbs in hopes of a further slide.A considerable...

Temasek Holdings said on Sunday (Apr 19) that claims that its chief executive Ho Ching's annual earnings is "around S$100 million" are false.In a statement...

The foreign ministers of 13 countries, including Singapore, have focused on maintaining essential global links in areas such as trade and travel, to mimimise the...

McDonald's Singapore will suspend restaurant procedures in all its outlets from Sunday (Apr 19) before end of the "circuit breaker" period, it said in a...

Summer concert season ended before it began.While sports leagues and restaurants make an effort to figure out when they can reopen to the general public,...

U.S. President Donald Trump on Friday announced a $19 billion relief program to greatly help U.S. farmers cope with the impact of the coronavirus pandemic,...

Elderly Koreans increasingly reply on their children or other helpers to navigate the bewildering world of the web to shop for them in this time...

China’s economy shrank for the first time since at least 1992 in the first quarter, as the coronavirus outbreak paralyzed production and spending, raising pressure...

Thais are flocking to Bangkok's Chinatown to market their gold jewellery as the cost of the treasured metal spikes and the economy tanks due to...

Annual sales at e-commerce company Coupang have surpassed W7 trillion for the first time, overtaking Lotte Mart, which ranks among Korea's top three hypermarket operators.Coupang...

Exports have fallen 19 percent up to now this month as the impact of the coronavirus epidemic spreads throughout Korea's economy.Exports in the first 10...

Some 45,000 domestic and imported cars will be recalled because of defective parts, the Ministry of Land, Infrastructure and Transport said Wednesday.Hyundai is recalling 22,415...

The Agriculture Ministry is partnering with food producer PT Indoguna Utama and ride-hailing company Grab Indonesia, among other businesses, to secure supplies and offer them...

A Bank of Japan article on regional economies casts a harsh light on a predicament where the spread of novel coronavirus attacks are affecting various...

The operator for Haneda Airport has temporarily closed the new international facilities in Terminal 2 on Saturday, which opened at the end of March. International...

Major Glove Corp Bhd , the world's most important maker of medical gloves, plans to get started on producing face masks to meet rising demand...

The Philippines should little by little reopen the economy and invite businesses to use at 50 percent capacity to safeguard jobs, according to Teresita Sy-Coson...

Lender of Korea Governor Lee Ju-yeol on Thursday warned that Korea's economy may not achieve multiple percent growth this year even if it again recovers...

Kia's Telluride large SUV has been named the Environment Car of the entire year at this year's World Car Awards, the automaker said Thursday. It...

The Korea Economic Analysis Institute forecasts that the country's economy will shrink an impressive 2.3 percent this season. This is the first-time a state-manage think...

LG has unveiled a good rendering of its new smartphone set for release the following month which features multiple cameras and rounded edges to provide...

From Rupert Murdoch's News UK to McClatchy's chain of local newspapers over the United States, news publishers are attracting record amounts of readers as people...

As masks, sanitizer and other items continue being in short supply amid the spread of the new coronavirus, members of other industries are becoming increasingly...