Lifestyle
Thailand to fund US$14 billion cash handout through state budget
THAILAND will fund a US$14 billion cash handout programme to stimulate the economy through a combination of state budget and assistance from a state bank, shelving an earlier plan...
China says EU’s wind turbine subsidy probe ‘discriminatory’
CHINA said it was concerned by what it called discriminatory measures by the European Union (EU) against its firms after the bloc said it would investigate subsidies received by...
Strikes at Deutsche Bank’s Postbank escalate as labour demands 15.5% pay rise
A MONTHS-LONG wage dispute at Deutsche Bank’s Postbank arm is escalating with additional strikes ahead of a fourth round of talks next week as employees demand a 15.5 per...
Alibaba founder Jack Ma steps out from shadows with long internal post
ALIBABA co-founder Jack Ma has penned a rare lengthy memo to employees that expresses support for the internet giant’s restructuring efforts, a sign that he may be willing to...
‘World of Warcraft’ returns to China as Blizzard and NetEase end spat
NETEASE reached a new agreement to distribute games in China for Microsoft’s Blizzard Entertainment, salvaging a 15-year relationship and reviving titles like World of Warcraft for the world’s biggest...
Hong Kong considers changing tax rules to lure private credit business
HONG KONG’S government is considering new tax rules that would give more favorable treatment to popular alternative investments including private credit and infrastructure, according to people familiar with the...
Shell at disadvantage to US-listed rivals, says former CEO
SHELL’S former CEO, Ben van Beurden, said on Tuesday (Apr 9) that European oil and gas companies will find it increasingly difficult to compete with US-listed rivals.There are “a...
NYSE executive says ‘handful’ of AI startups are exploring IPOs
SEVERAL artificial intelligence startups are looking into the process of going public, according to an executive at the New York Stock Exchange (NYSE), as the market for tech listings...