Oil-rich Gulf monarchies are channeling more international deals via state-backed firms instead of the region’s sovereign wealth funds, as they seek to diversify their economies and win more global heft.
China’s fury over Tokyo’s decision to discharge treated wastewater from the Fukushima nuclear plant is producing a rare beneficiary among Japanese stocks as tensions heighten.
Thailand’s new government plans to cut energy prices and city-train fares and temporarily suspend debt repayment by farmers as part of a raft of measures to ease the cost of living and spur investment in Southeast Asia’s second-largest economy.
Tesla Inc. slashed the prices of its premium Model S and X cars in China just hours after unveiling a refreshed version of its Model 3 mass-market sedan.
Retailers such as grocers and department stores are driving the uptake of digital payments in East Africa, with buyers preferring to pay online instead of using physical debit or credit cards, according to payments provider Pesapal Ltd.
Tesla Inc. unveiled the first refresh of its popular Model 3 sedan with a sleeker look and longer range, but with a heftier-than-expected price tag in China where the EV maker coming under increased pressure from local rivals.
The regulator suing Qantas Airways Ltd. for allegedly selling seats on thousands of cancelled flights is seeking a record penalty of more than A$250 million ($162 million), making the lawsuit a test case for the watchdog’s hardened stance against breaches of consumer law.
Sony Group Corp. rose its most in more than a month after hiking the price of its core gaming PlayStation Plus subscription service by roughly a third, potentially shoring up its bottom line.
A plan to build a utopian urban oasis in the windswept hills of Northern California’s Solano County now has a splashy website, which aims to tout the controversial project’s benefits and win over wary locals.
Manufacturing activity in Asia’s major export powerhouses slumped further in August as weak demand persisted in the region’s key trade markets, particularly in China.
