Today: September 20, 2024
Today: September 20, 2024

Asia

Asia|Economy|News

India's June infrastructure output rises at slowest pace in nearly two years

India's infrastructure output in June rose 4% year-on-year, its slowest pace in nearly two years, government data showed on Wednesday, with monsoons moderating electricity demand.

India's June infrastructure output rises at slowest pace in nearly two years
Asia|Business|Economy|Health

GE HealthCare cuts revenue growth forecast for 2024 on China woes

GE HealthCare cut its revenue growth forecast for the year on Wednesday, as a freeze in China's healthcare sector due to an anti-corruption drive dragged down sales of its imaging machines

GE HealthCare cuts revenue growth forecast for 2024 on China woes
Asia|Business|Technology

Uber, BYD partner to bring EVs to ride-hailing platform globally

Uber and Chinese automaker BYD announced a multi-year partnership on Wednesday aimed at bringing 100,000 new electric vehicles to the ride-hailing platform globally.

Uber, BYD partner to bring EVs to ride-hailing platform globally
Asia|Entertainment|Sports

The internet is in love with South Korea’s record-breaking Olympic shooter

The internet is in love with South Korea’s record-breaking Olympic shooter

The internet is in love with South Korea’s record-breaking Olympic shooter
Asia

China accuses US lawmaker McGovern of interference, imposes sanctions

China has imposed sanctions on U.S. lawmaker Jim McGovern on the grounds of interference in the country's affairs, freezing assets and barring him from conducting transactions in

China accuses US lawmaker McGovern of interference, imposes sanctions
Asia|Business|Economy

Hong Kong court adjourns China developer Shimao's liquidation petition

Embattled Chinese property developer Shimao Group said on Wednesday a Hong Kong court had adjourned until Aug. 12 a liquidation hearing against the company, allowing it more time

Hong Kong court adjourns China developer Shimao's liquidation petition
Asia|Political

South Korean military intel official arrested for allegedly leaking secrets, reportedly on spies

South Korea's Defense Ministry says a civilian employee in its military intelligence command has been arrested for allegedly leaking military secrets

South Korean military intel official arrested for allegedly leaking secrets, reportedly on spies
Asia|Europe|Political

Germany accuses China of conducting 2021 cyberattack on cartography agency

Germany accused China on Wednesday of having been behind a 2021 cyberattack on the federal cartography agency for espionage purposes and summoned Beijing's ambaassador to Berlin to

Germany accuses China of conducting 2021 cyberattack on cartography agency
Asia|Economy|Technology

Taiwan Q2 GDP tops forecasts on AI boom

Taiwan's trade-dependent economy grew more than expected in the second quarter thanks to stronger demand for new technology, such as artificial

Taiwan Q2 GDP tops forecasts on AI boom
Asia|Political

Myanmar junta extends emergency rule amid escalating conflict

Myanmar's embattled military government extended a state of emergency on Wednesday for another six months, state media said, as the junta struggles to maintain its grip on power with

Myanmar junta extends emergency rule amid escalating conflict
Asia|Business

China's Temu vendors protest over penalty policy

Hundreds of Chinese sellers on Temu have protested against what they call unbearably high penalties imposed by the firm, one of the merchants involved in the protest told Reuters,

China's Temu vendors protest over penalty policy
Asia

Bangladesh police lob stun grenades to disperse march over excessive use of force

Police in Bangladesh fired tear gas and stun grenades to disperse people who were demonstrating on Wednesday against the excessive use of force by

Bangladesh police lob stun grenades to disperse march over excessive use of force
Asia|Election

Indonesia's president-elect and defence minister visit Moscow, Russian news agencies report

Indonesian President-elect Prabowo Subianto is due to visit Russia on Wednesday, Russian state-run news agency TASS reported, citing the Indonesian embassy in Moscow.

Indonesia's president-elect and defence minister visit Moscow, Russian news agencies report
Asia|Political

US is not a party to South China Sea issue, says Chinese foreign ministry

A spokesperson for China's foreign ministry said on Wednesday that the United States is not a party to South China Sea issues and warned the Philippines that wooing other countries

US is not a party to South China Sea issue, says Chinese foreign ministry
Asia|Economy|Finance

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen

Japan’s index has plunged, as the U.S. dollar sank against the yen, and regional investors digested the rally on Wall Street that came on hopes U.S. cuts to interest rates will be arriving soon

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yen
Asia|Business|Finance

Mizuho posts 18% Q1 earnings increase, bolstered by Japan's end to deflation

Japan's third-largest lender by assets, Mizuho Financial Group, reported an 18% growth in first-quarter profit on Wednesday as the long-awaited end of negative

Mizuho posts 18% Q1 earnings increase, bolstered by Japan's end to deflation
Asia|Political

Pakistan's Imran Khan offers conditional talks with the military

Pakistan's former prime minister Imran Khan has offered to hold "conditional negotiations" with the powerful military as he serves a year into a jail term that he

Pakistan's Imran Khan offers conditional talks with the military
Asia|Political

China's Xi calls for strong border defences ahead of PLA anniversary

China's President Xi Jinping has called for the building of strong border, sea and air defences to protect the country's territorial sovereignty and maritime interests, the

China's Xi calls for strong border defences ahead of PLA anniversary
Asia|Health

Indonesia raises smoking age limit, will curb cigarette advertising

Indonesia raised the minimum age limit for purchasing cigarettes to 21 from 18 as part of a series of changes to health regulations intended to curb the deadly

Indonesia raises smoking age limit, will curb cigarette advertising
Asia|Business

Toyota to post rise in Q1 profit on hybrid demand, but momentum may be slowing

Demand for hybrids is likely to deliver another quarter of double-digit growth for Japan's Toyota Motor when it reports earnings on Thursday, although it is

Toyota to post rise in Q1 profit on hybrid demand, but momentum may be slowing
Asia|Business|Economy|Finance

HSBC offers $3 billion buyback as wealth income offsets rate cut anxiety

HSBC Holdings announced a $3 billion share buyback and upgraded its income outlook on Wednesday, as the bank showed progress

HSBC offers $3 billion buyback as wealth income offsets rate cut anxiety
Asia|Business|Economy

Denso cuts full-year operating profit forecast by 3.1%

Japan's Denso, a leading supplier to Toyota, reduced its full-year operating profit forecast by 3.1% on Wednesday after reporting first-quarter profit that was largely in line with

Denso cuts full-year operating profit forecast by 3.1%
Asia|Business|Economy

Why Chinese stainless steel giant Jiangsu Delong faces bankruptcy reorganisation

A Chinese court is considering whether to proceed with bankruptcy reorganisation for Jiangsu Delong Nickel Industry, the country's third-largest stainless steel producer.

Why Chinese stainless steel giant Jiangsu Delong faces bankruptcy reorganisation
Asia|News

Hopes of finding survivors fade in India's Kerala after landslides kill 167

Hopes of finding survivors began to fade as hundreds of rescuers worked through slush and rocks and pulled out bodies

Hopes of finding survivors fade in India's Kerala after landslides kill 167
Asia

Myanmar's junta terrorised a Rohingya Muslim town. Then rebels burned it down

Saifur Rahman woke up to screams. In the darkness, the air reeked of fuel. Flames blazed in the distance. 

Myanmar's junta terrorised a Rohingya Muslim town. Then rebels burned it down

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