Companies would choose rail without subsidies because high-value and time-sensitive products are often made in inland cities, such as Chongqing and Chengdu.

India's software services sector has won more business during the Covid-19 pandemic as companies globally look to boost their digital presence and demand IT services

The level of stimulus spending has been in focus as Fumio Kishida's government has faced pressure from both sides within the ruling party

Consumption has not picked up the way it should to compensate for effects of the virus, IMF managing director Kristalina Georgieva said

Images and analysis provide a detailed look into Beijing's recent construction along its frontier with the landlocked kingdom

A highlight is that project units will no longer be required to provide duplicate documents that can be obtained by mutual recognition

City orders a half-day off for staff at companies and other institutions on Wednesday, tells them to keep activities 'relatively static'

Australian businesses are grappling with the growing toll of workers out sick or ordered to isolate for being close contacts

The world's third-largest economy is likely to improve due to robust exports, as well as the boost from ultra-easy monetary policy

Among the most popular type of Myanmar wood is teak, long favoured by shipbuilders and furniture makers for its durability in wet environments

The moves follow an import suspension by South Korea last month, after Canada reported its first bovine spongiform encephalopathy case in six years.

House of Representatives' delay is seen by some as depriving Indonesia of the benefits of the mega trade pact, which came into effect on January 1