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Search Result for “worth”

Showing 1 - 10 of 29

BUSINESS

Chinese shoppers are Asia's biggest airport spenders

South China Morning Post, Published on 23/02/2026

» HONG KONG — Chinese travellers are outspending their Asian peers at the region's airports in search of gifts, food and luxury purchases, a trade association has found.

BUSINESS

Gold, oil jolted by US assault on Venezuela as investors recalibrate amid commodity boom

South China Morning Post, Published on 05/01/2026

» SHANGHAI — The US assault on Venezuela jolted the global commodity markets, sending gold higher and reinforcing the long-term bearish view on crude oil as investors navigate rising geopolitical tensions to start 2026.

WORLD

Sanctions-hit Cambodian tycoon Chen Zhi owned luxury condo in Tokyo

South China Morning Post, Published on 18/11/2025

» KYODO — The chairman of a Cambodia-based conglomerate indicted by US authorities over alleged large-scale investment fraud and money laundering had acquired a luxury property in Tokyo as his residence, Japanese corporate registration documents showed on Monday.

BUSINESS

China's investment bank CICC targets Southeast Asia

South China Morning Post, Published on 05/11/2025

» HONG KONG — Significant shifts in the global political and economic landscape are driving China International Capital Corp (CICC) to focus strategically on international growth, targeting the burgeoning markets of Southeast Asia and the Middle East.

WORLD

Four arrested for smuggling 8kg of gold in underwear into Japan

South China Morning Post, Published on 21/10/2025

» HONG KONG — Four people have been arrested for allegedly trying to smuggle about 8kg of gold worth around ¥98.7 million (US$650,000) from Hong Kong to Japan by concealing gold powder in underwear, sources familiar with the matter revealed on Tuesday.

BUSINESS

China bets big on Thai industrial cluster with $8.4 billion investment

South China Morning Post, Published on 13/09/2025

» China has become the leading source of foreign investment in a growing, state-fostered Thai industrial cluster, backed by commitments to help build a light-rail line, design an "aerotropolis" and possibly develop property in the area, an official from the Southeast Asian country said.

BUSINESS

China to have 300,000 driverless taxis

South China Morning Post, Published on 29/08/2025

» SHANGHAI — China is likely to see 300,000 driverless cabs operate in its four top-tier cities as early as 2030, buoyed by advancements in artificial intelligence (AI) and its highly competitive electric vehicle (EV) sector, UBS said on Thursday.

BUSINESS

How Thailand's craft chocolate industry is raising the bar with sustainable practices

South China Morning Post, Published on 12/07/2025

» When it comes to countries that produce chocolate, Switzerland and Belgium may be among the first to come to mind. But neither of them grow cacao, the fruit whose seeds are needed to make chocolate. In fact, 70% of the world's cacao comes from the Ivory Coast, in western Africa.

WORLD

For gay Malaysian refugee in UK 'you have to live authentically - you're saving yourself'

South China Morning Post, Published on 05/06/2025

» LONDON — "Growing up in a Muslim family, I was told that liking another person of the same sex was haram," said Warren Hallett of how Islam forbids homosexuality, considering it sinful. "My religion teacher said [gay people] were going to hell.

BUSINESS

Indonesia poised to export durians to China, threatening Thai dominance

South China Morning Post, Published on 21/03/2025

» HONG KONG — Indonesia is expanding cultivation and completing legal procedures in preparation to begin exporting durians to China, offering consumers a new - and possibly cheaper - alternative to fruit from Thailand and Vietnam.