Business
China has nudged Japan aside as No. 1 auto exporter, Japanese data show
Feb 1, 2024

China has nudged Japan aside as No. 1 auto exporter, Japanese data show

Data from a Japanese auto industry association show that China overtook Japan as the world's largest vehicle exporter last year...

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Vise tightening on Myanmar's economy 3 years after military takeover triggered civil strife
Jan 31, 2024

Vise tightening on Myanmar's economy 3 years after military takeover triggered civil strife

Myanmar was a rising star in Southeast Asia before its military seized power three years ago in a takeover that has brought civil strife and a tightening vise of international sanctions, undoing years...

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Stock market today: Asia markets mixed ahead of Fed decision; China economic data disappoint
Jan 31, 2024

Stock market today: Asia markets mixed ahead of Fed decision; China economic data disappoint

Asian stocks are mixed as markets await a decision on interest rates by the Federal Reserve...

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China manufacturing contracts for a 4th straight month in January
Jan 31, 2024

China manufacturing contracts for a 4th straight month in January

A survey of factory managers in China shows manufacturing contracted in January for a fourth straight month, reflecting weak demand and a faltering recovery in the world’s second-largest economy...

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Samsung reports decline in profit but anticipates business improvement driven by chips
Jan 31, 2024

Samsung reports decline in profit but anticipates business improvement driven by chips

Samsung Electronics has reported an annual 34% decline in operating profit for the last quarter as sluggish demands for its TVs and other consumer electronics products offset hard-won gains from a slo...

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Order to liquidate property giant China Evergrande is just one step in fixing China's debt crisis
Jan 30, 2024

Order to liquidate property giant China Evergrande is just one step in fixing China's debt crisis

A Hong Kong court's order to liquidate the world’s most heavily indebted real estate developer is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging o...

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Stock market today: Asian shares are mixed, with Chinese shares falling, ahead of Fed rate decision
Jan 30, 2024

Stock market today: Asian shares are mixed, with Chinese shares falling, ahead of Fed rate decision

Asian shares are mixed, with Hong Kong and Shanghai declining, ahead of a decision by the Federal Reserve this week on interest rates...

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Toyota group plant raided in test cheating probe as automaker says it sold 11.2M vehicles in 2023
Jan 30, 2024

Toyota group plant raided in test cheating probe as automaker says it sold 11.2M vehicles in 2023

Japanese transport officials have raided the plant of a Toyota group company to investigate cheating on engine testing, as the company reported it kept its status as the world's top automaker in 2023,...

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Hong Kong begins work on its own National Security Law, years after a similar law crushed dissent
Jan 30, 2024

Hong Kong begins work on its own National Security Law, years after a similar law crushed dissent

Hong Kong began a public consultation on a local National Security Law on Tuesday, more than three years after Beijing imposed a similar law that has all but wiped out dissent in the semi-autonomous c...

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