ABB – formerly ASEA Brown Boveri – has increased its majority stake in Chinese EV charging provider Chargedot to 80%
The Southeast Asian powerhouse’s economy slowed in January after new Covid outbreaks put the brakes on its Q4 bounceback
Traders across the region picked up the baton from Friday’s Wall St rally though deal numbers were thin ahead of the three-day Lunar New Year break
Jakarta shocked global edible oil markets last week by implementing a new rule that made it mandatory for palm oil producers to sell 20% of their output to domestic consumers at fixed prices
Developer and its chairman sold a Shanghai hotel and a stake in a Hong Kong development, respectively, for a total of $836 million
Macau Legend CEO's arrest - and resignation - comes amid a crackdown on junket 'high rollers' and illicit capital outflows from the mainland, where all gambling is illegal
At the end of 2021, outstanding yuan-denominated real estate loans nationwide stood at 52.17 trillion yuan ($8.18 trillion), up 7.9 per cent year on year, PBOC data shows.
One-third of gold and jewelry retailers said consumption of gold jewelry by youth in 2021 overtook the levels in 2019 at their stores
The company, which is due to report half year earnings in a fortnight, released a trading update which lowered its 2022 earnings per share forecasts from its previous guide.
SK Hynix, whose clients include Apple, reported 4.2 trillion won in October-December profit, its highest quarterly profit since 2018
Lotus, which is owned by China's Geely and Malaysia's Etika Automotive, has said it hopes to sell only fully-electric models by 2028
The 4-0 vote to revoke the authority granted in 2002 is the latest move by the regulator to bar Chinese telecom carriers from the US over national security concerns.