Category Archives:
Malaysia’s economy shrinks 4.5% as Q3 worse than forecast
KUALA LUMPUR (Reuters) - Malaysia's economy slipped back into contraction in the third quarter, shrinking 4.5% from a year earlier, the central bank said on Friday, as fresh COVID-19 lockdowns during ...
Nov 11, 2021
First group of creditors backs AirAsia X restructuring plan
KUALA LUMPUR (Reuters) -Malaysian long-haul low-cost airline AirAsia X (AAX) said on Friday that 100% of the first of three groups of creditors had agreed to a restructuring scheme that proposes to pa...
Nov 11, 2021
GM to launch 10 EVs in South Korea by 2025; no plans for local manufacture
By Heekyong Yang SEOUL (Reuters) - General Motors Co will launch 10 electric vehicles (EVs) for the South Korean market by 2025, but has no plans yet to manufacture EVs in the country, Steven Kiefer, ...
Nov 11, 2021
China to step up strategic mineral resource exploration during 2021-2025
(Reuters) - China will step up exploration of strategic mineral resources including petroleum, natural gas, copper, chrome, tungsten, rare earths and others during 2021-2025, the top economic planner ...
Nov 11, 2021
Singapore Airlines has 79% of fleet ready to use on any demand increase
By Jamie Freed (Reuters) -Singapore Airlines Ltd has 79% of its fleet and the vast majority of pilots and cabin crew active so that it can quickly capitalise on any increase in demand, the airline's c...
Nov 11, 2021
Toshiba set to announce split into three firms, shareholder reaction in focus
By Makiko Yamazaki TOKYO (Reuters) - Japanese industrial conglomerate Toshiba Corp is set to outline plans on Friday to break up into three listed companies that will focus on infrastructure, devices ...
Nov 11, 2021
Chinese state newspaper blasts ‘worship of turnover’ after Alibaba’s Singles Day
SHANGHAI (Reuters) - The focus of China's Singles' Day shopping festival should shift from a "traffic and sales war" to one of science and technology, a state-backed newspaper said on Friday, describi...
Nov 11, 2021
Oil falls on higher dollar in volatile week
By Sonali Paul MELBOURNE (Reuters) - Oil prices drifted lower on Friday, wiping out gains from the previous session, as the dollar continued to rise on bets the U.S. central bank will bring forward pl...
Nov 11, 2021
Toyota says it will start making up for lost production in December
TOKYO (Reuters) - Toyota Motor Corp, the world's top-selling automaker, said on Friday it would begin making up for production lost from supply shortages in December, with factories at home in Japan r...
Nov 11, 2021
Asian shares advance as inflation worries fade to background
By Hideyuki Sano TOKYO (Reuters) - Asian share prices advanced on Friday as a shock from a surprisingly strong U.S. inflation reading ebbed, with investors now hopeful that the worst price hikes could...
Nov 11, 2021
Peoria, IL, USA
44 °F Overcast
