New Zealand Cuts Spending Plans as Downturn Strains Budget
New Zealand’s government is tightening its belt as a domestic recession and concerns about China’s faltering economy erode
2023-08-28 14:25
Fast Retailing Names New Uniqlo COO as It Grooms Next Leaders
Uniqlo owner Fast Retailing Co.’s global business head will become chief operating officer, as the retail giant grooms
2023-08-28 14:24
Siam Cement Scraps $2 Billion Chemical Unit IPO Amid Slump
Siam Cement Pcl, one of Thailand’s largest industrial conglomerates, scrapped a proposed initial public offering for its chemicals
2023-08-28 13:56
Singapore’s OCBC Restores Banking Services After Disruption
Singapore lender Oversea-Chinese Banking Corporation Ltd. said it has fully restored all services after a disruption affecting consumer
2023-08-28 13:46
Evergrande Delays Creditor Meetings on Restructuring Plans
China Evergrande Group delayed creditor meetings on its offshore-debt restructuring proposal just hours before they were to occur
2023-08-28 13:19
Japan Warns Citizens in China to Speak Quietly Amid Wastewater Backlash
Japan’s government warned its citizens to take precautions when visiting China, after reports of harassment in response to
2023-08-28 13:16
Fortescue Iron Ore Chief Hick Exits as China Woes Hit Profit
Fortescue Metals Group Ltd. joined iron-ore mining peers in posting lower profits due to China’s economic downturn, and
2023-08-28 12:47
China-Dependent Japan Stocks Plunge on Boycott Over Wastewater
Shares of Japanese companies that are especially reliant on China demand plunged after users online in Asia’s biggest
2023-08-28 12:17
Veteran Citigroup Banker Gidney to Retire After Almost 30 Years
Citigroup Inc.’s vice chairman of banking, capital markets & advisory for Australia, Jon Gidney, is leaving the firm
2023-08-28 12:15
China’s Economic Slump Continues to Batter Old Economy Steel and Coal Sectors
China’s slump is battering its commodities sector, with profits from coal mining to metals production continuing to decline
2023-08-28 11:16
BYD’s iPad-Making Arm Pays $2.2 Billion for Jabil China Unit
The electronics arm of electric-vehicle maker BYD Co. agreed to buy Jabil Inc.’s manufacturing business in China for
2023-08-28 10:55
Stake Sale, IPO Plans in Focus for Ambani’s Annual Speech
When Asia’s richest man Mukesh Ambani addresses shareholders on Monday, investors expect the billionaire to divulge more details
2023-08-28 10:22