Philippine President Ferdinand Marcos Jr. has imposed ceilings on rice prices across the country amid an “alarming” increase in retail costs of the staple grain and reports of hoarding by traders.
China unleashed a slew of measures to halt a slide in the country’s residential property and shore up its ailing economy.
The regulator suing Qantas Airways Ltd. for allegedly selling seats on thousands of cancelled flights is seeking a record penalty of more than A$250 million ($162 million), making the lawsuit a test case for the watchdog’s hardened stance against breaches of consumer law.
Sony Group Corp. rose its most in more than a month after hiking the price of its core gaming PlayStation Plus subscription service by roughly a third, potentially shoring up its bottom line.
A plan to build a utopian urban oasis in the windswept hills of Northern California’s Solano County now has a splashy website, which aims to tout the controversial project’s benefits and win over wary locals.
Manufacturing activity in Asia’s major export powerhouses slumped further in August as weak demand persisted in the region’s key trade markets, particularly in China.
Fortescue Metals Group Ltd. is being hit by an executive exodus, as the world’s fourth-largest iron ore miner seeks to become a major new-energy player under a transition championed by its chairman and founder, billionaire Andrew Forrest.
Indian equities stood out in August as foreign investors sold stocks in almost every other Asian emerging market, thanks to the nation’s strong corporate earnings performance and its growing appeal as an alternative to China.
South Korea is looking to bring in foreign domestic helpers in its latest effort to tackle the world’s lowest fertility rate.
South Korea’s exports fell at a more moderate pace in August, offering signs of improvement in demand for semiconductors and adding to evidence of a nascent recovery in global trade, while a separate report indicated manufacturers are still struggling.
