Category Archives:
Exclusive-Chinese fashion firm Shein on Singapore hiring spree as it shifts key assets there
By Chen Lin SINGAPORE (Reuters) - China's Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the mat...
Feb 15, 2022
G20 host Indonesia promotes FX diversification as part of stimulus exit
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) - Top Indonesian economic officials on Wednesday backed the expanded use of local currencies in trade and investment, instead of the U.S. dolla...
Feb 15, 2022
Schindler reports quarterly earnings drop after challenging 2021
(Reuters) - Swiss elevator and escalator manufacturer Schindler reported on Wednesday a 15% drop from a year earlier in its fourth-quarter earnings citing a mix of challenges in 2021, including supply...
Feb 15, 2022
Embraer aims for decision on proposed turboprop as early as this year -exec
By Chen Lin and Jamie Freed SINGAPORE (Reuters) - Brazilian planemaker Embraer expects to decide late this year or early next year on whether to launch a new turboprop plane that could enter service a...
Feb 15, 2022
Thailand purchase of F-35 stealth jets depends on U.S. government, says Lockheed Martin exec
By Gerry Doyle (Reuters) - Thailand's interest in Lockheed Martin's F-35 stealth fighters is genuine, but clearance to buy the jets is a matter for the U.S. government, a senior executive from the def...
Feb 15, 2022
Vietnam apparel exports seen rising 7.4% this year to $43.5 billion -official
HANOI (Reuters) - Vietnam's apparel exports are expected to jump 7.4% this year to $43.5 billion as factories keep up production despite surging coronavirus infections, the country's textile and garme...
Feb 15, 2022
China courts freeze $157 million of Evergrande assets over missed construction payments
HONG KONG (Reuters) - A Chinese court has ordered the freezing of 640.4 million yuan ($101 million) in assets held by a subsidiary of China Evergrande Group, according to a filing by contractor Shangh...
Feb 15, 2022
BTS to hit the stage in South Korea for first time since COVID began
By Hyonhee Shin SEOUL (Reuters) - South Korean boy band BTS are to put on their first shows for their home fans since the coronavirus pandemic began, with three concerts in the capital, Seoul, next mo...
Feb 15, 2022
Emerging markets “much better” able to weather monetary tightening-Indonesia central bank
JAKARTA (Reuters) - Emerging markets will be able to weather global monetary tightening, including U.S. rate hikes, "much better" this year compared with previous periods of tightening, Indonesia's ce...
Feb 15, 2022
China approves plans to build 4 national integrated computing hubs
BEIJING (Reuters) - China has approved plans to build four national integrated computing hubs aimed at increasing the country's computing capacity, the top state planner said on Wednesday. The hubs wi...
Feb 15, 2022
Peoria, IL, USA
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