Thailand plans stimulus as 2024 growth seen low at 2.5%
BANGKOK — Thailand plans stimulus measures in the short term to jumpstart its economy, which is expected to grow just 2.5% this year when...
China shares slide as regulatory clampdown spooks investors, education firms dive
SHANGHAI — Chinese shares slumped on Monday as investor worries over the impact of government regulations kneecapped the education and property sectors, after Beijing...
UAW says some progress in labor talks but wide divide remains
The United Auto Workers union has made some headway in labor talks with the Detroit Three automakers just three days before a potential strike of 146,000 US autoworkers, but an...
World Bank drafts new report to replace canceled ‘Doing Business’
THE WORLD Bank is working on a new approach to measuring the business and investment climate in economies after its previous flagship report known as “Doing Business” was canceled last year following an outside audit that concluded data were manipulated.
West’s de-risking starts to bite China’s prospects
BEIJING/HONG KONG — US furniture company head Jordan England thinks his firm’s Chinese suppliers are among the best in the game, but geopolitics and...
Trump sides with billionaire Musk in debate over H-1B visas
WEST PALM BEACH, Florida - President-elect Donald J. Trump on Saturday sided with key supporter and billionaire tech Chief Executive Officer (CEO) Elon Musk...
Poor workers bear the brunt of India’s heatwave
NOIDA, India — For construction worker Yogendra Tundre, life at a building site on the outskirts of the Indian capital New Delhi is hard enough. This year, record high temperatures are making it unbearable.
Sinovac vaccine is safe, says Brazil
BEIJING/SAO PAULO — An experimental coronavirus vaccine developed by China’s Sinovac Biotech appeared to be safe in a late-stage clinical trial in Brazil, preliminary results showed on Monday.
Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit by US Virgin Islands
WILMINGTON, Delaware - The US Virgin Islands has subpoenaed Tesla Inc. CEO Elon Musk for documents in its lawsuit accusing JPMorgan Chase & Co. of helping enable sexual abuses by late sex offender Jeffrey Epstein.
The subpoena, issued on April 28, came to...
China to suspend UK flights indefinitely -foreign ministry
BEIJING, Dec 24 (Reuters) - China will suspend direct flights to and from the United Kingdom indefinitely over fears of a new strain of...
China’s weak consumption drags on economy as Trump tariff threat looms
BEIJING, Dec 16 (Reuters) - China's industrial output growth quickened slightly in November, while retail sales disappointed, keeping pressure on Beijing to ramp up stimulus for...
US plans $8-billion arms sale to Israel — officials
US PRESIDENT Joseph R. Biden’s administration has notified Congress of a proposed $8-billion arms sale to Israel, two US officials said, with Washington maintaining...