Asia
Asia: Hong Kong, Shanghai extend surge as China optimism boosts markets
HONG Kong and Shanghai ploughed on with their China-fuelled rally on Friday on hopes that Beijing will press on with new plans to boost the world’s number two economy.A...
Asia jet-maintenance crunch is set to persist, repair firm warns
ASIA’S rapidly expanding airlines may face long waits to have their aircraft repaired and maintained amid surging demand, one of the region’s fastest-growing jet maintenance, repair and operations firms...
Asia: Markets boosted by tech rally, traders eye US inflation
TECH firms led an Asian market rally on Thursday on renewed optimism about demand for AI equipment following a strong earnings outlook from US chip giant Micron.News that South...
Singapore’s high costs, Asia demand-supply gap see closure of US firm’s Jurong Island chemical plant
The company will continue supplying alkylphenol from other manufacturing facilities in Europe and the AmericasCHEMICALS company SI Group will close its alkylphenol manufacturing facility on Jurong Island in the second...
Singapore’s high costs, Asia demand-supply gap see closure of US firm SI Group’s Jurong Island chemical plant
The company will continue supplying alkylphenol from other manufacturing facilities in Europe and the AmericasCHEMICALS company SI Group will close its alkylphenol manufacturing facility on Jurong Island in the second...
Asia: Markets boosted again after another Chinese rate cut
MOST Asian markets built on a global rally on Wednesday as China announced another interest rate cut the day after unveiling a series of measures to boost the country’s...
ADB says AI investments to drive developing Asia growth
SURGING global investments in artificial intelligence and easing inflation give developing Asia a launch pad for sustained economic growth in 2024 and 2025, the Asian Development Bank said Wednesday.With...
UBS CEO says Asia business still key amid ‘less linear’ growth
UBS Group is reiterating its commitment to the Asia-Pacific region and particularly to China, as the bank still sees it as a key driver for growth, according to chief...