Abu Dhabi Investment Office will widen the scope of its Ventures Fund to include more innovation-focused companies as part of government efforts to attract high-skilled...

Japan's biggest carrier ANA Holdings said on Tuesday it will slash the number of flights between Tokyo and Beijing by two thirds beginning Feb 10...

For companies bracing for losses from China’s viral outbreak, the damage has so far been delayed, thanks to a stroke of timing: The outbreak hit...

Airlines are increasingly canceling flights due to plummeting traveler numbers as coronavirus spreads quickly beyond China's borders. Industry watchers forecast dismal earnings this year for...

The aluminum smelter in the Bosnian town of Mostar has fallen eerily silent since its electricity was cut in July. The only visitors to what...

The National Association of Travel Agents Singapore (NATAS) has postponed a travel fair originally scheduled for this month, amid concerns that the ongoing outbreak of...

Rocked by a power struggle between its two founders, the Bitmain Technologies feud has gone public in a big way, Yicai Global reported.Zhan Ketuan, co-founder...

Jeju Island has been hit particularly hard by the coronavirus outbreak since its economy relies to at least 70 percent on tourism, mostly from China.The...

Companies and tourists out of pocket from the global disruption caused by the virus epidemic in China risk meeting a cold shoulder from insurers, industry...

As digital banks look set to make their debut here later this year, observers say it may be an uphill task for them to build...

Sibling rivalry in the Korean Air owner family has escalated into war, with disgraced heiress Cho Hyun-ah taking on her brother and Hanjin Group chairman...

The call centers of Korea's six budget airlines were inundated with calls on Thursday from customers cancelling their bookings to China, as they had been...

Jetstar Asia said on Wednesday (Jan 29) that it will suspend its Singapore-Hong Kong flights due to falling demand. The budget airline said the suspension is...

Global airlines on Wednesday (Jan 29) continued to suspend or scale back direct flights to China's major cities amid an increase in travel warnings and...

Over the past 100 years, we've seen income, inflation, interest rates and investment returns being “boosted by a heady mix of demographics, debt and disregard...

China has not only surpassed Russia to become the world’s No. 2 arms dealer, trailing only the United States, but the four listed arms makers...

Samsung plans to launch a new foldable smartphone, tentatively-named the Galaxy Z, later this year, according to IT website TweakTown.It can be folded in a...

Several Singapore-listed companies, with the latest being property giant CapitaLand, have temporarily closed or shortened their business hours in China amid the spread of the...

A new Payment Services Act that will strengthen consumer protection and promote confidence in the use of e-payments came into force on Tuesday (Jan 28),...

Korean businesses are bracing for the impact of the coronavirus outbreak, making plans to evacuate expats based in China and canceling business trips there. The...

Prime Minister Boris Johnson said on Monday he would make a decision on Huawei's role in Britain's future 5G network that would give Britons the...

New Delhi intends to sell its entire stake in the debt-crippled national carrier Air India, the government announced Monday (Jan 27), after failing previously to...

Two new studies look at the effects of cannabis legalization on college students’ recreational habits; they reveal that increased use of cannabis may lead to...

Fears over the global economic impact of the deadly China virus sent oil prices plunging more than 2 per cent on Monday (Jan 27) to...

Oil prices slumped a further 2 per cent to multi-month lows on Monday (Jan 27) as the rising number of cases of the new China...

“CHINA’S GDP GROWS AT SLOWEST RATE IN 29 YEARS” bellowed the Financial Times headline last week.Never mind that this rate was still three times faster...

Boeing Co successfully completed on Saturday (Jan 25) the maiden flight of the world's largest twin-engine jetliner as the embattled planemaker steps up competition with...

Elon MuskTesla’s market value briefly crept above $100 billion (Dh367bn) for the first time, a threshold that will trigger a huge payout for Elon Musk...

Common household appliances like washing machines, TVs and even refrigerators are losing their appeal due to the smartphone apps that offer innovative and convenient services.Apps...

Deutsche Bank and a Singapore based hedge fund bought more debt of an embattled Indian shadow lender, highlighting the growing foreign interest in the discounted...

Hyundai's annual revenues have surpassed W100 trillion for the first time ever, powered by strong sales of SUVs like the small Tucson and large Pallisade...

U.S. corporate raider Elliot Management has sold off its entire stake in Korean automotive giant Hyundai.The "activist" hedge fund, whose sole objective is to extract...

The 15 nations in the EU creating the most textile pollution have already been listed in a fresh study, with Italy, Portugal, Austria and the...

A hearse carrying the body of Lotte Group founder Shin Kyuk-ho drives around Lotte World Tower in eastern Seoul on Wednesday. /NewsisThe fractious Lotte owner...

 Airlines are scrambling to book time in 737 MAX training facilities as far afield as Fiji, Iceland and Panama, operators said, after Boeing Co recommended...

Toyota Motor said on Tuesday (Jan 21) it will recall 3.4 million vehicles worldwide because of an electronic glitch that can result in air bags...

Samsung placed fourth in the world in 5G competitiveness.According to a recent report by data analytics company GlobalData, the Korean giant achieved the ranking among...

Samsung Display plans to invest US$500 million to build a display panel plant in India, local media reported on Monday.The new plant will be built...

The necktie business is dying out in Korea as the country now widely accepts more casual dress at work.The number of necktie manufacturers dropped from...

Asian shares took a sudden lurch lower on Tuesday (Jan 21) as mounting concerns about a new strain of pneumonia in China sent a ripple...

Hyundai and LG will join hands to produce batteries for electric vehicles."Hyundai Motor and LG Chem are collaborating to build a battery plant [for electric...

Lotte founder Shin Kyuk-ho died on Sunday of a chronic illness. He was 99.Born in the southeastern port city of Ulsan in 1921, Shin stowed...

Chinese investors dumped tourism stocks and bought drugmakers and facial mask producers as coronavirus spread to more cities, raising concerns of its containment and clouding...

Mobile phone shop owner Gaurav Jain worries that discounts offered by online retailers in India will push his Central Mumbai store out of business.“People come...

Changing consumption habits caused by new technology contributed to more British companies warning they were falling short of profit forecasts last year than at any...

The amount of money raised by Middle East firms on equity markets increased almost five-fold last year to the highest level ever recorded as Saudi...

Two years ago, Mr Seah Liang Chiang thought of building his own tiny house in Johor. On Friday (Jan 17), that DIY weekend retreat project...

Mahindra managing director Pawan Goenka arrives at Korea Development Bank headquarters in Seoul on Thursday. /YonhapA senior executive from India's Mahindra, which owns SUV-maker Ssangyong,...

According to Gartner’s Hype Cycle concept, emerging technology innovations that attract lots of attention often fail to live up to their initial promise.A crash happens...

Airlines on Tuesday resumed flights between Korea and Manila that had been grounded by the eruption of the Taal volcano in the Philippines on Sunday.A...

Hyundai's luxury brand Genesis unveiled its first SUV on Wednesday. The GV80 is capable of automatic lane-change, and other high-tech functions.It is not environmentally friendly,...

After nearly two years of conflict between the world's two dominant economic powers, the United States and China signed a trade truce on Wednesday (Jan...

One of China's major travel agencies advertised package tours to Korea on its website but then removed the ads when the Korean press crowed about...

It would cost 15 percent less to prepare the ancestral ritual table for Lunar New Year if groceries are bought in open-air markets instead of...

Singapore launched a new corporate structure for investment funds with 20 so-called Variable Capital Companies (VCC) on Wednesday (Jan 15), a scheme designed to attract...

China's economy grew at its slowest rate in three decades in 2019, according to an AFP poll of economists, after a year marked by weaker...

China's trade surplus with the United States narrowed last year as the world's two biggest economies exchanged punitive tariffs in a bruising trade war, data...

The US Treasury Department on Monday abruptly dropped its designation of China as a "currency manipulator" as the two countries tried to calm trade tensions.The...

Fueled by expectations of a recovery in semiconductor prices, Samsung Electronics shares rose to record levels last week, propelling it into the global top 20...

President Donald Trump is set to sign a trade deal with China on Wednesday (Jan 15) that he will trumpet as a major victory, but...

Hyundai and its affiliate Kia said on Sunday their sales in the U.S. have increased for the first time in three years largely thanks to...

Apartment prices in Seoul have increased at the fastest clip in the world over the last three years and are now the fourth most expensive...

After nearly two years of bare-knuckle battling, US President Donald Trump is set to sign a phase one trade deal with China.Trump announced to great...

Chinese consumer inflation stabilised at an eight-year high in December, data showed Thursday (Jan 9), as the rise in the cost of pork slowed after...

The latest tragic plane crash involving another Boeing aircraft adds to the travails facing the company after its 737 MAX was grounded nearly a year...

Samsung Electronics posted a historic drop in operating profit last year due to a slump in the price of memory chips, its flagship business.But there...

Hyundai unveiled a concept for a flying car at the Consumer Electronics Show in Las Vegas on Monday. It was part of its future vision...

Shinsegae Department Store's branch in Gangnam exceeded W2 trillion in sales last year, a first for a single outlet in Korea, a spokesman said Tuesday...

China's Byton plans to produce its new electric cars in Korea. The automaker on Sunday unveiled a new version of its M-Byte at a press...

Impossible Foods on Monday (Jan 7) launched a plant-based sausage patty that will be tested in 139 Burger King restaurants later this month, entering a...

Japanese automaker Nissan on Tuesday (Jan 7) slammed its former chief Carlos Ghosn for jumping bail, calling his escape "extremely regrettable" and vowing continued legal...

Boeing said Monday (Jan 6) that it will reassign 3,000 workers to other jobs as it halts production of the grounded best-selling 737 MAX jet...

Fugitive Malaysian financier Low Taek Jho has said he only acted as an intermediary for deals involving 1MDB, denying in an interview published on Monday...

Some 10,000 Koreans are expected to visit the Consumer Electronics Show in Las Vegas this month.Last year, 8,094 Koreans visited the CES, ranking third after...

For the past 10 years, Mr Jetno Tsai has been spending at least two days of leave every year on volunteer work.However, he does not...

Amazon.com is considering opening stores in Germany, its second biggest market after the United States, the ecommerce company's head in the country was quoted as...

From Sasa to Borders and HMV, a number of popular retailers have left Singapore shores or announced plans to do so over the last decade.Once-mighty...

Federal Reserve policymakers who last year were frequently at odds over where to set US borrowing costs opened 2020 telegraphing confidence in the state of...

The rapid growth of online shopping is changing the face of retail in Korea.Online shopping transactions in November last year surged 20.2 percent on-year to...

A Chinese-Russian resolution aimed at easing international sanctions on North Korea is a "timely" step in the "right direction," China's UN ambassador Zhang Jun said...

Korea's five automakers sold some 7.92 million cars in combined sales last year, down 3.8 percent.The decline was mainly blamed for the weaker demand overall...

Korea's exports dwindled 5.2 percent in December, in a declining streak lasting for 13 months. In the whole of last year they shrank 10.3 percent,...

Former car magnate Carlos Ghosn's stunning departure from Japan, where he was facing trial on financial misconduct charges, poses numerous questions as to where his...

Korean automakers suffered from sharply falling sales last year but are rolling out innovative new models this year. They are equipping new cars with cutting-edge...

Jeonse or Korean-style deposit leases in Seoul have risen 0.38 percent in December, the steepest increase since 0.48 percent in October last year, KB Kookmin...

Deputy Prime Minister and Finance Minister Heng Swee Keat will deliver Singapore’s 2020 Budget Statement in Parliament on Feb 18, the Ministry of Finance (MOF)...

A partial new US-China trade agreement will be signed in the middle of next month, US President Donald Trump said on Tuesday (Dec 31), announcing...