A spike in flu cases is fueling a shortage of antivirals at Chinese pharmacies, with empty shelves reminiscent of the drug frenzy triggered by the explosive Covid outbreak that accompanied the country’s reopening.
Airbus SE expects the Pacific region — Australia, New Zealand and neighboring nations — to take delivery of 920 planes in the next 20 years, underscoring a fast revival in travel following the pandemic.
China will welcome the leader of Russian ally Belarus for a state visit this week as the US again warned Beijing against supplying Moscow with weapons for its war in Ukraine.
Nissan Motor Co. is accelerating efforts to electrify its car models in Europe and Japan, as a growing list of nations impose deadlines to phase out gasoline-powered cars and competition mounts from domestic and overseas rivals.
China Renaissance Holdings Ltd. said Chairman Bao Fan is cooperating in an unspecified investigation by Chinese authorities, offering the first public information about the banker’s whereabouts since he disappeared just over a week ago.
Foreign investors have been net buyers of Japanese stocks for six straight weeks, the longest streak since 2019, amid hopes for continued easy-money policy and expanding valuations as companies improve governance.
Some of the private equity industry’s biggest names are expanding in the Middle East to develop closer ties with the region’s deep-pocketed investors and source dealmaking opportunities.
Hedge fund firm Millennium Management has hired two veteran metal traders in Singapore to manage a new portfolio focused on commodities, according to people familiar with the matter, expanding its exposure to the volatile sector.
China massively accelerated its coal power plans in 2022, quadrupling the number of new permits and approving new capacity equivalent to all the UK’s plants combined.
Pressure from the US bond market may lead to modest yen weakness in the short-term, outweighing any positive impact from speculation of a Bank of Japan policy shift, according to Goldman Sachs Group Inc.
