Stanley White(REUTERS) TOKYO Japanese stocks edged lower December 11 as an approaching deadline for U.S. tariffs on nearly $160 billion worth of Chinese consumer goods just weeks before Christmas kept investors risk-averse. The Nikkei index fell 0.26 percent to 23,350.20, with industrial and healthcare sectors leading the declines. The tariffs were set to...
NEW DELHI A false rumor that the coronavirus can be spread by chickens has slashed Indian poultry sales by almost 50 percent, top supplier Godrej Agrovet said last week. “A lot of misleading posts on social media, especially on WhatsApp, have created a false impression that humans can contract the coronavirus...
http://URL: https://www.nytimes.com/2019/12/19/business/goldman-sachs-1mdb.html Goldman Sachs is negotiating with federal prosecutors to pay a fine of as much as $2 billion, and have a subsidiary plead guilty, to settle claims about its role in a scheme to loot billions from a sovereign wealth fund in Malaysia, a person with knowledge of the...
BANGKOK Thailand’s largest retailer, Central Retail Corporation (CRC), plans to expand domestic online sales as well as its business in Vietnam, as the coronavirus outbreak slows economic growth at home, its top executive said February 27. Shares of CRC, which went to market on February 20 in the country’s largest initial...
  NEW DELHI Oyo, a startup that offers budget hotel rooms, has grown into one of India’s most valuable private companies and aims to be the world’s largest hotel chain by 2023. But at least part of Oyo’s rise in India was built on practices that raise questions about the health of...
MACAO When Macao, the Portuguese colony turned Chinese gambling hub, got a new chief executive in October, the vote by an electoral committee was unanimous. He ran unopposed. No one took to the streets in protest. When young activists applied for permission to demonstrate in support of the protest movement in...
  SINGAPORE/BEIJING For the first time, China will this year allow foreign companies to explore for and produce oil and gas in the country, opening up the industry to firms other than state-run energy giants, as Beijing looks to boost domestic energy supplies. The long-awaited opening accompanies a reshuffle of the so-called...
Hiroko Tabuchi (The New York Times) Just beyond the windows of Satsuki Kanno’s apartment overlooking Tokyo Bay, a behemoth from a bygone era will soon rise: A coal-burning power plant, part of a buildup of coal power that is unheard-of for an advanced economy. It is one unintended consequence of the...
SYDNEY Qantas Airways plans to have more experienced pilots on board the world’s longest non-stop flights than on its current long-haul flights for the first 18 months as it evaluates fatigue, said sources with knowledge of the matter. The airline said it could buy up to 12 Airbus SE A350 planes...
The Central Bank of Myanmar issued a letter to the Authorized Dealer (AD) license holding bank containing a list of entities and individuals exempted from the controversial foreign currency conversion requirement. The Central Bank of Myanmar on April 3 issued a notification requiring all foreign earnings to be converted into...