China's mostly coal-based thermal power generation is set to fall in 2025 for the first time in a decade, some analysts estimate, though they caution that extreme weather or stronger than expected ...
Wall St opens sharply lower as China’s AI push rattles Big Tech
Wall Street's main indexes opened lower on Monday, as the surging popularity of a low-cost Chinese artificial intelligence model sparked a selloff in chipmaker Nvidia and other companies that stand to ...
Saudi Arabia allows foreigners to invest in firms with property in Mecca, Medina
Saudi Arabia's market regulator said on Monday it would allow foreign investment in listed companies that own real estate within Islam's two holiest sites of Mecca and Medina, as the Gulf country ...
Labour rights violations worsening in Myanmar warn unions
The union cited that the Confederation of Trade Unions of Myanmar (CTUM) has voiced its concern over the excessive overtime and unattainable targets set for garment workers. The CTUM reports that ...
Iran’s Revolutionary Guards commander says Iran purchased Russian-made Sukhoi 35 fighter jets
Iran has purchased Russian-made Sukhoi-35 fighter jets, a senior Revolutionary Guards commander said on Monday, amid Western concerns about Tehran and Moscow's growing military cooperation.
Vietnam’s military-run postal service is building robots to deliver on the country’s e-commerce boom
From warehouse sorting robots to delivery drones, Viettel Post is pinning its hopes on tech as the salve to an inefficient logistics sector.
Vietnam’s leading retailer The Gioi Di Dong reports $149mn profit in 2024, 22-fold YoY rise
Vietnam’s leading mobile retail giant Mobile World Investment Corporation (MWG), or The Gioi Di Dong, reported strong business results for 2024, with some US$5.4 billion in revenue, a 14 percent ...
Vietnam attracts FDI with new position
Attracting investment is a passive process, simply inviting or even gathering capital, but cooperation is a win-win approach' ...
BEPS Pillar 2: What now in ASEAN and what’s next for the Philippines
Digitalization in the 21st century brought with it several challenges to the rules for taxing international business income, which gave rise to base erosion and profit shifting (BEPS), in which ...
Executives at Japan`s Fuji TV and parent firm resign over a sex scandal linked to a former star
The Japanese network Fuji Television and its parent company say its president and chairperson are resigning immediately to take responsibility for a widening sex assault scandal linked to one of Japan ...