Cathay Pacific introduces lifestyle brand to offset losses in its travel business
Jul 06, 2021 10:26 am UTC| Business Economy
Cathay Pacific Airways announced on Monday, July 5, that it had launched its lifestyle brand that will provide various offers in shopping and hospitality. It was said that the airline is looking for other ways to gain...
General Motors expands design studio in China for advanced EV productions
Jul 06, 2021 10:16 am UTC| Business Economy
General Motors revealed early this week that it has widened its design studio in China. The American carmaker will be focusing on the development of electric cars as it will not design and produce vehicles that run on gas...
Facebook, Google, Twitter threaten to withdraw service in Hong Kong over proposed data laws: Report
Jul 06, 2021 10:13 am UTC| Business Economy
Facebook, Google, and Twitter reportedly warned Hong Kong that they will discontinue services if the government proceeds with its plans to implement new data protection laws. The three leading social media companies were...
RBA starts three-year countdown to lift in interest rates
Jul 06, 2021 08:55 am UTC| Economy Central Banks
In line with expectations, the Reserve Bank of Australia has announced it will keep official interest rates on hold at 0.10%. But is also ready to start tapering off its unconventional monetary policy measures...
Vitasoy shares plunge amid boycott calls after Hong Kong cop stabbing incident
Jul 06, 2021 00:49 am UTC| Economy Business
Vitasoy International Holdings Ltd. shares tumbled 15 percent after the stabbing of a Hong Kong policeman on July 1 that led to online calls for a consumer boycott in China. A topic on Weibo entitled Get out of...
S. Korea's defense stocks surge in response to China Xi's threatening speech
Jul 06, 2021 00:30 am UTC| Economy
Shares of South Korean jet fighter, aircraft engine, and weapon system manufacturers soared Monday after Chinese leader Xi Jinping threatening announcement. Xi said that China would never allow any foreign force to...
Naver to complete construction of world’s first robot-friendly building in H2
Jul 06, 2021 00:21 am UTC| Economy Business
South Koreas tech giant Naver Corp. will complete onstructing the worlds first-ever robot-friendly building in Seongnam city in the second half of this year. To be equipped with artificial intelligence (AI), cloud...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight