Iran reported a record number of daily coronavirus cases as a surge in infections sweeps the country following a relaxation of its lockdown.
Vietnam aims to make 5G service universal by 2030
The Vietnamese government has approved a national digital transformation programme, aiming to have digital economy account for 20 per cent of the country’s GDP by 2025 and make 5G mobile network …
Erdogan hosts Libya PM as Turkey looks to lock in gains
Libya’s internationally recognised leader will meet President Tayyip Erdogan in Turkey on Thursday as the allies seek to lock in recent gains on the battlefield near Tripoli ahead of a new round of …
Philippine Stocks in Best Run Since 1998 Are Asia’s Highlight
Philippine stocks climbed the most in Asia, rounding their best seven-day rally in more than two decades, on optimism the economic fallout from the coronavirus outbreak won’t be as bad as feared after …
Philippines Firm Bids $535 Million for Australia’s Infigen Energy
If successful, UAC would acquire seven wind farms and a 600-megawatt pipeline of projects which Infigen recently deferred to save money amid falling wholesale power prices, COVID- …
ECC approves firing all Pakistan Steel Mill employees
The PTI led federal government on Wednesday decided to terminate all 9,350 employees of the Pakistan Steel Mills (PSM), taking a giant but politically difficult step to stop years long hemorrhaging …
Indonesia delays diaspora bond sale to November due to pandemic
Indonesia has delayed its first offering of ‘diaspora bonds’ until November because coronavirus lockdowns are making it hard to gauge demand, a finance ministry official said on Thursday. JAKARTA, …
Hong Kong Bull Market Found Dead in a Posh Flat
Hong Kong’s finance industry is thriving from the great divorce between the U.S. and China. Billion-dollar initial public offerings are on the horizon again, as New York-listed mainland companies seek …
Taiwan urges Beijing to acknowledge Tiananmen crackdown
Taiwan called on China to officially acknowledge the 1989 Tiananmen crackdown on Thursday, as the island marked the anniversary of the day student-led protests were violently crushed by tanks. Hundred …
Singapore Landlords Need a Post-Covid Remake
Every third dollar changing hands on Singapore Exchange Ltd. is because of someone buying or selling units in a real estate investment trust. But has the city’s REIT mania gone a bit too far? The cor …