Taiwan’s top financial holdings companies struggled to mitigate the costs of Covid-19-related insurance policy claims that ate into profits and left investors assessing heavy misses to their projected earnings.
A hacking campaign suspected to be linked to an Asian government breached seven high-profile targets in Southeast Asia and Europe, including government and military agencies, according to the cybersecurity firm Group-IB.
Indian billionaire Kumar Mangalam Birla’s flagship metals company is returning to the bond market after a decade-long hiatus, looking to raise funds to meet regulatory requirements.
Gains in the Thai baht, Asia’s best performer in the past six months, is frustrating exporters and many private companies that are complaining that the strong currency is hurting them.
Tata Group’s ambitious super app is expected to meet just half of the sales target in its debut year, forcing the sprawling Indian corporate to review its digital strategy, people familiar with the matter said.
South Africa will offer additional Covid-19 booster vaccines to all residents older than 18 years after detecting the omicron sub-variant XBB.1.5, which appears to be more transmissible than the original strain.
India will buy portable air defense missiles to deploy along the borders with China as militarization in the region gathers speed and hostilities between the two countries enter a third year.
The US is seeking to assuage Hyundai Motor Co.’s concerns over parts of President Joe Biden’s climate and energy bill, which the South Korean carmaker has argued could put it at a disadvantage in the American market, a senior administration official said.
A Chinese firm providing digital adult learning services is set to be the first from the nation to list in the US this year, testing investor appetite after Beijing tightened oversight over its battered online education sector.
China said the rising number of warplanes it sends toward Taiwan were due to the island’s “military collusion” with the US, shedding light on its motives for the threatening activity.
