An Abu Dhabi-based investment holding company is leaving traders and investors scratching their heads after a 2,819% surge in its stock in the past 12 months with very low trading volumes.
Filing for bankruptcy is an option for the rehabilitation of Thai Airways International (THAI), and the cabinet will make the final decision, Finance Minister Uttama Savanayana said last week
The global economy could suffer between $5.8 trillion and $8.8 trillion in losses, equivalent to 6.4% to 9.7% GDP due to the novel coronavirus pandemic, says the Asian Development Bank.
Cambodia’s government is pushing for free-trade agreement talks with potential partners while seeking Russian’s help for a Eurasian Economic Union free trade agreement.
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China is on track to sign 70% of 5G smartphone contracts this year, putting it far ahead of the rest of the world in deploying the next-generation communications standard.
Xiaomi and Oppo are betting big on their global fintech ambitions by joining the race to become global fintech powerhouses.
U.S. private equity firm KKR & Co Inc said it led an investor group making a $43 million investment in Slice, an online delivery platform for local pizza shops across the country.
Tesla CEO Elon Musk on Monday said production was resuming, defying an order to stay closed and saying if anyone had to be arrested it should be him.
Top U.S. and China’s trade officials pledged to create the most favorable conditions for the implementation of the bilateral trade deal and cooperate on the economy and public health.
India is seeking to lure U.S. businesses to relocate from China as President Donald Trump’s administration steps up efforts to blame Beijing for its role in the coronavirus pandemic.
Samsung's de facto leader Lee Jae-yong says he will not be handing the company's management over to his children.
Airbnb is forecasting revenue this year at less than half 2019’s level and cutting 1,900 employees amd ‘the most harrowing crisis of our lifetime.’
Fear of catching the coronavirus could have kept North Korean leader Kim Jong Un away from state ceremonies for a key holiday in mid-April.
Nissan Motor Co. warned that it expects to post a loss for the fiscal year that ended in March because of the impact from the coronavirus pandemic.
The coronavirus pandemic will cause the global economy to shrink 4% in 2020, according to a Bloomberg Economics estimate that assumes a recovery starts in the second half of the year.
The US chains McDonald’s, Subway and Starbucks will join 16 local businesses participating in a pilot program for China’s upcoming digital yuan, state-backed media reported.