Showing 1 - 10 of 32
Asian shares rise as Chinese sell-off eases
Business, Nuntawun Polkuamdee, Published on 06/09/2025
» RECAP: Asian markets mostly gained on Friday after an intense sell-off of Chinese equities eased, amid reports the country's financial regulators could intervene to slow the dumping. A Wall Street stock rally also lifted sentiment.
Malaysia backtracks on Huawei AI deal
Bloomberg News, Published on 20/05/2025
» Malaysia declared it would build a first-of-its-kind artificial intelligence (AI) system powered by Huawei Technologies chips, only to distance itself from that statement a day later, underscoring the country’s delicate position in the US-Chinese AI race.
China optimism gives lift to Asian equities
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 30/11/2024
» RECAP: Asian shares mostly rose on Friday, led by China, amid speculation that Beijing will provide more support for the economy at a key policy meeting in December.
AIS targets 5.3m broadband subscribers
Business, Komsan Tortermvasana, Published on 25/10/2024
» Advanced Info Service (AIS) aims to increase household subscribers of its fixed broadband internet service to 5.3 million by the end of 2025, up from 4.9 million in June this year.
Trump media shares soar on re-election bid boost
Bloomberg News, Published on 16/07/2024
» NEW YORK - The shares of Donald Trump's media company surged on Monday after a failed assassination attempt on the former United States president over the weekend boosted momentum for the so-called Trump trade across markets.
Huawei sees fastest growth in four years
Reuters, Published on 29/03/2024
» SHENZHEN, China - Huawei Technologies of China saw its fastest growth in four years in 2023, with a rebound in its consumer segment and income from new businesses like smart car components accelerating its recovery from US sanctions.
Thairung Group acquires Drivemate peer-to-peer car rental platform
Published on 07/12/2023
» Thairung Group, Thailand's leading group of companies in the automobile business, announced that its car rental subsidiary 'Bizcar Rental' has acquired and merged with Drivemate, the fastest-growing peer-to-peer car rental platform in the country. The move signals a strategic step towards a more comprehensive and scalable mobility solution provider and strengthen Bizcar Rental's (under Thai V.P. Corporation Company Limited) initial public offering (IPO) expected in 2024.
US squeeze on Huawei worries China
Reuters and Bloomberg, Published on 31/01/2023
» China is "seriously concerned" about a report that the United States has stopped approving licences for US companies to export items to the tech giant Huawei, a foreign ministry spokesperson said on Tuesday.
Argentine economy minister who renegotiated IMF debt resigns
AFP, Published on 03/07/2022
» BUENOS AIRES: Argentine economy minister Martin Guzman, who led debt renegotiations with the International Monetary Fund, announced his resignation Saturday, sparking fresh uncertainty in Latin America's third largest economy.
Year of Turbulence
Asia focus, Asia Focus Team, Published on 27/12/2021
» Pandemic drags on recovery: In the early stages of the Covid-19 pandemic in 2020, many Asian countries had enviable success, avoiding large-scale outbreaks and mass deaths. But the arrival of the more transmissible Delta variant this year and sluggish vaccine rollouts compounded by low availability sent cases surging. Combined with poor monitoring and easy movement among countries, often unofficially, Southeast Asia became a virus hotspot. The ballooning health crisis collided with churning political discontent in the case of Myanmar, Thailand and Malaysia. Economically, the new wave of infections, and attendant restrictions imposed to curb the spread, stalled recoveries. After nearly two years of strict border controls, many countries started to loosen up and live with Covid. But the rise of the Omicron variant now threatens to scuttle those tentative reopening plans and usher in a third year of economic anxiety.