People seen filling water from Delhi Jal Board Tankers amid a water crisis in Delhi at Baljeet Nagar, on June 22, 2024. Hindustan Times | Hindustan Times | Getty Images Severe water shortages in India could hurt its sovereign credit strength, according to Moody’s Ratings, warning that the water crisis could lead to social unrest … Read more
Enchanted valleys, vibrant street markets and fantastical forests. Those are just some of what fans of Disney cruises can expect on board the upcoming Disney Adventure, according to details announced Tuesday by Disney Cruise Line. The ship — the sixth cruise liner from Disney — is the company’s first to homeport in Asia. Its maiden … Read more
Employees work at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Jan. 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened lower on Thursday, as the Japanese yen weakened to a near 38-year low late Wednesday, hitting 160.82 against the U.S. dollar, according to … Read more
People in Singapore are paying 10% higher for ladies’ handbag and shoes, and more than 5% for men’s suits and watches. Ore Huiying | Getty Images News | Getty Images Sky-high property prices, exorbitant car ownership costs and expensive private medical care, among other factors, have kept Singapore the most expensive city for the super … Read more
BRAZIL – 2022/03/22: In this photo illustration, a woman’s silhouette holds a smartphone with a Shopee logo in the background. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) Rafael Henrique | Sopa Images | Lightrocket | Getty Images Shopee and its courier service Shopee Express admitted to breaching a competition rule in Indonesia and … Read more
The U.S. ambassador to China Nicholas Burns attends the 10th World Peace Forum on July 4, 2022 in Beijing, China. The 10th World Peace Forum opened in Beijing on Sunday. VCG | Getty Images The U.S. ambassador to China said Beijing is undermining ties between the two countries despite the agreement between the two sides … Read more
Cisco established operations in China in 1994. Sopa Images | Lightrocket | Getty Images DALIAN, China — Cisco is “very optimistic” about its growing business with Chinese electric car companies as they expand overseas, the company’s Greater China head told CNBC on Tuesday. The EV segment is the U.S. tech giant’s second-largest for the region … Read more
A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly climbed higher on Tuesday, even as U.S. Big Tech stocks sold off in favor of other sectors such as banking … Read more
Skyline, Ho Chi Minh City, Vietnam John Harper | Photodisc | Getty Images Southeast Asia has emerged as a top choice for firms looking to diversify production away from China, including Chinese companies, amid escalating tensions between Washington and Beijing. “Southeast Asia is well-placed to benefit significantly from the China+1 phenomenon as both foreign and … Read more
A cafe at the Royal Arcade, Bourke Street Mall, in Melbourne, Australia. Education Images | Universal Images Group | Getty Images Asia-Pacific markets fell on Monday, ahead of inflation data from Australia and Japan later this week. Special attention will be paid to Australia’s May consumer price index figures on Wednesday, after Reserve Bank of … Read more
