Tag: China
South Korea chip inventory climbs the fastest in 27 years
In January, South Korea’s semiconductor inventory increased at its quickest rate in in 27 years. Highlighting a protracted tech recession that is holding back...
Crude oil prices stay muted in 1H amid altered oil flows...
Dated Brent prices are expected to remain relatively flat in the first half of 2023. On ample inventories despite persistent supply risks. With an...
New China-Laos-Thailand train builds efficiency for China and Asean trade
BEIJING: The China-Laos Railway’s extension, the round-trip China-Laos-Thailand train, was successfully launched.
Trade between China and Asean members is anticipated to gain new momentum...
US forces returning to Philippines to counter China threats
More than 30 years after the closure of its sizable bases there, the US has been taking steps to rebuild its military power in...
Europe bans Russian diesel, other oil products over Ukraine
FRANKFURT Germany: In an effort to reduce its reliance on Moscow for energy and as retaliation for its invasion of Ukraine. Europe put a...
China investment will boost green economy in Malaysia, says biz leader
IPOH: According to a prominent member of the business community, increased Chinese investment will aid Malaysia in its transition to low-carbon development.
According to Datuk...
IBM partners with new chipmaker Rapidus to make up lost ground
TOKYO: IBM Corp. claims that it is collaborating with Rapidus a recently established chipmaker sponsored by the Japanese government. To assist it to produce...
Global semiconductor equipment sales to hit record US$108.5bil this year
PETALING JAYA: The Semiconductor Equipment Manufacturers Industry, based in the US. Predicts that global sales of all semiconductor manufacturing equipment by original equipment manufacturers...
Asia-Pacific leaders condemn war, renew calls for open trade
Bangkok, Thailand, Saturday, Nov. 19, 2022: Leaders from the Asia-Pacific region demanded an end to Russia's conflict with Ukraine and committed to guiding the...
WTO warns of ‘real’ recession risk in some major economies
Indonesia's NUSA DUA: The crisis in Ukraine, rising food and gasoline prices, and surging inflation have all contributed to a cloudy view of the...
Brunei gets top ranking for business regulation from top international economic...
BANDAR SERI BEGAWAN: Brunei has performed very well in regulation and secured second ranking globally. According to the Canadian conservative think tank, Fraser Institute’s...
Malaysia unlikely to go into recession due to economic diversification
KUALA LUMPUR: Malaysia is not likely to slip into a recession due to the diversified structure of its economy. Which is less dependent on...
Malaysia attracts RM123.3 billion worth of approved investments for Jan-June 2022...
KUALA LUMPUR: Malaysia has attracted RM123.3 billion (US$28.0 billion) worth of approved investments in the manufacturing, services, and primary sectors involving 1,714 projects from...
Japan, US hold navy drills off Koreas amid nuke test worry
TOKYO Japan: U.S. and Japanese warships, led by the USS Abraham Lincoln carrier strike group. Is conducting their joint naval exercise in waters between...
Asia’s US$350bil gas projects intensify the clean energy debate.
SINGAPORE: Asia is pumping billions of dollars into new gas infrastructure. Making the region pivotal in a debate over the role of fossil fuels...
Wins for pro-Putin leaders buttress autocracies in Europe.
BUDAPEST, Hungary: After two nationalist European strongmen won overwhelming victories in elections on Sunday. One of the first foreign leaders to congratulate both were...
WHO says 99% of the world’s population breathes poor-quality air.
GENEVA Switzerland: The U.N. health agency says nearly everybody in the world breathes air that doesn’t meet its standards for air quality. Calling for...
The U.S. reinstates 352 product exclusions from China tariffs.
WASHINGTON USA: The U.S. Trade Representative's office said on Wednesday it has reinstated 352 expired product exclusions from U.S. "Section 301" tariffs on Chinese...
Asia stocks extend losses as Ukraine war, China’s Covid-19 surge hit...
SYDNEY: Asian stocks were in the red on Tuesday as surging COVID-19 cases in China hit the confidence of investors. Who is already worried...
