January 31, 2022
January 31, 2022

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.

January 31, 2022
January 31, 2022

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 the world’s second-largest economy enters a likely bumpy new year.

January 26, 2022
January 26, 2022

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 pressures across the region.

January 20, 2022
January 20, 2022

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 Board of Revenue (FBR).

January 12, 2022
January 12, 2022

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.

January 11, 2022
January 11, 2022

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 Monday.

January 9, 2022
January 9, 2022

Baby lost in Afghanistan airport chaos found, returned to family

An infant boy handed in desperation to a soldier across an airport wall in the chaos of the American evacuation of Afghanistan has been found and was reunited with his relatives in Kabul on Saturday.

January 5, 2022
January 5, 2022

China to order reviews for firms seeking overseas listings

China said on Tuesday it will put in force new rules to increase its oversight of plans by Chinese platform firms to list on overseas stock markets in the latest move to tighten its grip on its sprawling technology sector.

December 22, 2021
December 22, 2021

Japan enacts record extra budget to boost virus-hit economy

Japan’s parliament enacted a record supplementary budget worth over $300 billion on Monday as part of measures to bolster the world’s third largest economy as the pandemic threat drags on.

December 22, 2021
December 22, 2021

Sri Lanka hikes fuel prices as economic crisis worsens

Sri Lanka raised fuel prices Tuesday and warned of possible petrol rationing with importers struggling to pay for oil, in a worsening economic crisis that has also sparked food shortages.