Today: September 21, 2024
Today: September 21, 2024

Asia

Asia|Business|Technology

LG Display shrinks quarterly loss on Apple, Olympics demand

South Korean flat-screen maker LG Display narrowed losses from a year earlier in the June quarter as shipments of new panels for client Apple and TV

LG Display shrinks quarterly loss on Apple, Olympics demand
Asia|News

Oil spill threatens Philippines capital after tanker capsizes

A marine tanker carrying industrial fuel sank in rough seas off the Philippines on Thursday, causing the death of a crew member and an oil

Oil spill threatens Philippines capital after tanker capsizes
Asia|News

North Korea trash balloons disrupt flights in Seoul, cause rooftop fire

North Korea has sent about 500 balloons laden with trash into South Korea's air space over the past 24 hours, officials in the South said on Thursday, disrupting

North Korea trash balloons disrupt flights in Seoul, cause rooftop fire
Asia|Economy|Finance

Market analysts react to surprise rate cut in China

China surprised financial markets with an off-cycle cut to bank funding costs on Thursday.

Market analysts react to surprise rate cut in China
Asia|Economy

Japan govt maintains economic assessment, downgrades view on exports

Japan's government on Thursday maintained its assessment on the economy but offered a bleaker view than last month on exports due to the fallout from slowing

Japan govt maintains economic assessment, downgrades view on exports
Asia|Environment

Typhoon Gaemi hits China's coast after leaving 25 dead in Taiwan and the Philippines

A strong typhoon has made landfall on China’s southeastern coast after sweeping across the nearby island of Taiwan, where it caused landslides and flooding in low-lying areas and left three dead

Typhoon Gaemi hits China's coast after leaving 25 dead in Taiwan and the Philippines
Asia|Economy|Finance

China central bank surprises by lending again at lower rates

China's central bank surprised markets for a second time this week by conducting an unscheduled lending operation on Thursday at steeply lower rates, suggesting authorities are

China central bank surprises by lending again at lower rates
Americas|Asia|Business|Economy|Political

Amid tensions with China, some US states are purging Chinese companies from their investments

Some U.S. states are scrapping investments in Chinese companies amid tensions between countries with the world's largest economies

Amid tensions with China, some US states are purging Chinese companies from their investments
Asia|Crime|Political

Publisher Jimmy Lai will testify in his defense at Hong Kong national security trial, lawyer says

A lawyer says activist publisher Jimmy Lai will testify in his defense at his Hong Kong national security trial

Publisher Jimmy Lai will testify in his defense at Hong Kong national security trial, lawyer says
Asia|Technology

Analysis - Taiwanese rocket startup may be early test of Japan's space hub plans

A Taiwanese startup aims to become the first foreign firm to launch a rocket from Japan by early next year, part of a plan industry advocates say will aid Tokyo's

Analysis - Taiwanese rocket startup may be early test of Japan's space hub plans
Asia|Political

Hong Kong court dismisses tycoon Jimmy Lai's bid to end trial

A Hong Kong court dismissed on Thursday a bid by the legal team for jailed democrat Jimmy Lai to end his national security trial, saying prosecutors appeared to

Hong Kong court dismisses tycoon Jimmy Lai's bid to end trial
Asia|Business|Economy

Japan's Honda to close China plant, halt production at another factory

Japan's Honda Motor will close a factory in China and halt vehicle production at another plant, the automaker said on Thursday, as it seeks to start producing more electric vehicles amid

Japan's Honda to close China plant, halt production at another factory
Asia|Finance|Stock Markets|Technology

Stocks add to recent losses; yen flat after 2 1/2-mo high vs dollar

World stock indexes mostly fell in choppy trading Thursday, adding to losses after a tech-led selloff in the previous session, while the Japanese yen

Stocks add to recent losses; yen flat after 2 1/2-mo high vs dollar
Asia|Economy|Finance

Chinese banks cut deposit rates to relieve squeezed margins

Five of China's major state-owned banks on Thursday cut deposit rates to cushion a hit to their already record low margins after this week's surprise lowering of lending

Chinese banks cut deposit rates to relieve squeezed margins
Asia|Political

US, Vietnam discuss supplying Hanoi with C-130 military transport planes, sources say

The United States and Vietnam are discussing the sale of Lockheed Martin C-130 Hercules military transport planes to Hanoi, two

US, Vietnam discuss supplying Hanoi with C-130 military transport planes, sources say
Asia|Economy|Finance

China central bank unexpectedly conducts medium-term loan operation, cuts interest rate

China's central bank unexpectedly conducted a medium-term lending facility (MLF) operation on Thursday and cut the interest rate, following a string of other rate reductions

China central bank unexpectedly conducts medium-term loan operation, cuts interest rate
Asia|Economy

Oil edges higher on upbeat US economic data

Oil prices settled higher on Thursday after strong U.S. economic data stoked expectations for higher crude demand, but the gains were limited by concerns about lower oil

Oil edges higher on upbeat US economic data
Asia

Myanmar violence, South China Sea tensions are top issues as Southeast Asian diplomats meet in Laos

Southeast Asian foreign ministers have gathered in the capital of Laos for a regional forum that runs through Saturday

Myanmar violence, South China Sea tensions are top issues as Southeast Asian diplomats meet in Laos
Asia|Economy|Finance

Yen drifts lower from 2-1/2-month peak vs dollar as markets stabilize

The yen edged lower from a 2-1/2-month high against the U.S. dollar on Thursday, as financial markets stabilized, with investors looking ahead to next

Yen drifts lower from 2-1/2-month peak vs dollar as markets stabilize
Asia|Environment|News

Typhoon Gaemi hits Chinese seaboard, widespread flooding feared

Typhoon Gaemi roared into southeastern China on Thursday after churning across the Taiwan Strait, prompting warnings of swelling

Typhoon Gaemi hits Chinese seaboard, widespread flooding feared
Asia|News|Political

NORAD intercepts Russian and Chinese bombers operating together near Alaska in first such flight

NORAD intercepts Russian and Chinese bombers operating together near Alaska in first such flight

NORAD intercepts Russian and Chinese bombers operating together near Alaska in first such flight
Asia|Environment|Science|Technology

See powerful typhoon 'bounce' off island like pinball

CNN Meteorologist Derek Van Dem analyzes satellite imagery of Typhoon Gaemi that shows Taiwan’s natural landscape acting as a barrier to reroute the storm.

See powerful typhoon 'bounce' off island like pinball
Asia|Business|Technology

LGES cuts sales target on weak EV demand, flags US election risk

South Korean battery maker LG Energy Solution (LGES) said on Thursday its revenue would plunge more than 20% this year and that it would ease capacity

LGES cuts sales target on weak EV demand, flags US election risk
Asia|Economy|News

Japan's population falls for a 15th year with record low births and record high deaths

Japan’s total population has declined for the 15th straight year

Japan's population falls for a 15th year with record low births and record high deaths
Asia|Science|Technology

China's secretive spaceplane likely testing 'dual use' technology, experts say

China's shadowy, uncrewed reusable spacecraft, which launches atop a rocket booster and lands at a secretive military airfield, is most likely testing technology

China's secretive spaceplane likely testing 'dual use' technology, experts say

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