China’s soymeal prices hit highs
China’s soymeal futures soared to record highs this week on concerns about the scale of South America’s drought-hit soybean crop and tightening meal supplies in domestic markets.
Myanmar firm poised to control Telenor unit
Myanmar’s military has given the go-ahead for a local company to own most of Norwegian telco Telenor’s operations in the country, under a deal to be finalised shortly, communications seen by...
Progress eyed through the programme of carbon trading
With the help of its carbon trading program, China has made notable progress in accelerating the low-carbon transition of the nation’s businesses, said Chinese authorities.
Former Taliban sniper becomes mayor of Afghan town
Strolling through the town of Maymana, the new mayor appears to inspire goodwill from war-weary constituents in the Afghan provincial capital.
Prices of power-assisted bikes on rise in Japan
Prices are on the rise for power-assisted bicycles, which are becoming fixtures as a means of transportation in everyday life.
China factory activity growth slows
Growth in China’s factory activity slowed in January as a resurgence of Covid-19 cases and tough lockdowns hit production and demand, but the slight expansion offered some signs of resilience as...
Singapore tightens monetary policy on inflation risks
Singapore’s central bank tightened its monetary policy settings on Tuesday in its first out-of-cycle move in seven years, as global supply constraints and brisk economic demand elevate inflation...
Dollar price may cross 200 Pakistani rupees
The dollar price may cross Rs200 with the sudden imposition of a withholding tax on exchange companies, which are getting notices to the tune of hundreds of millions of rupees from the Federal...
Asian-owned shipbuilders in Germany file for bankruptcy
Asian tourism and casinos giant Genting’s shipbuilding subsidiaries in Germany filed for bankruptcy Monday, which one union leader described as a “dark day” for the country’s dockyards.
China’s aviation sector aims for profitability
China’s aviation sector will aim to turn losses into profits this year with an expected recovery to 85 per cent of its pre-Covid volume of domestic passenger trips, the aviation regulator said on...