More than a dozen of Apple Inc.’s Chinese suppliers are receiving initial clearance by India to expand in the country, helping the tech giant’s efforts to diversify its assembly network beyond China.
Big C Supercenter Pcl has picked Bank of America Corp. and UBS Group AG to help with a Bangkok initial public offering of about $1 billion, according to people with knowledge of the matter.
Digital Currency Group, the struggling crypto empire whose Genesis Global Capital lending unit is trying to stave off bankruptcy, said it’s suspending quarterly dividends to preserve cash.
The yen tumbled and bond futures rose after the Bank of Japan maintained its yield-curve control program, defying calls to abandon the policy to restore market liquidity.
China is likely to see 36,000 Covid deaths a day during the Lunar New Year holidays, making it one of the most deadly periods of the pandemic, according to an updated analysis of the largest outbreak the world has yet experienced.
Hong Kong’s new home sales may surge by 50% in 2023 after the border with mainland China reopened and as interest-rate increases end.
Carrie Lam, who as Hong Kong’s leader presided over the city’s most turbulent period in decades, failed to make it on to China’s top advisory body in the latest lineup.
China set another record for solar power capacity last year as the country sped up renewable installations to reach its ambitious climate targets.
A Philippine court acquitted Nobel laureate Maria Ressa and her media company Rappler of tax evasion charges filed during the Rodrigo Duterte administration, a move that may ease concerns over media freedom in one of Asia’s oldest democracies.
China’s real-estate market is the big unknown for the recovery of the world’s second-largest economy this year.
