Business

SHANGHAI: Juneyao Group, the parent of Chinese carrier Juneyao Airlines, plans to start making electric vehicles (EV), two people with knowledge of the matter said, as it seeks to diversify...

SHENZHEN, China: The founder of China's Huawei Technologies has told employees the company must shift its focus from pursuing scale to ensuring profits and cash flow as the global economy...

ISLAMABAD: Pakistan Prime Minister Shehbaz Sharif travelled to Qatar on Tuesday (Aug 23) in the hope of generating trade and investment for his cash-strapped country, his office and aides said....

HONG KONG: Japan's Olympus Corp is close to selling its microscope unit to a private equity firm in a deal that could fetch more than 300 billion yen (US$2.2 billion),...

Apple Inc plans to start manufacturing iPhone 14 in India as the US tech giant seeks alternatives to China after Xi administration's clashes with Washington and lockdowns across the country...

BENGALURU: South Korea's central bank will raise its key interest rate again on Thursday (Aug 25) to fight inflation, according to a Reuters poll of economists, but they are divided...

Remote working is an increasingly popular choice for Singapore workers.  A recent survey of 1,000 workers conducted by recruitment agency Randstad showed that two in five respondents said that they...

BEIJING: China's Miniso Group has apologised for promoting itself as a Japanese-style brand and said that it would make changes across its stores to rectify this, becoming the latest retailer...

Let's get you up to speed with the day's stories. Google Chrome users should install the latest security updates immediately, following reports that hackers are exploiting a "high-severity vulnerability" flaw,...

This week's minutes and comments from a number of Fed top brass reinforced that view, with some pouring cold water on hopes for possible rate cuts in the new year....