Zero-COVID policy has cost Hong Kong its aviation hub status - IATA

DOHA (Reuters) -Hong Kong has lost its position as a global aviation hub due to China's zero-COVID policy, the head of airlines group IATA said on Wednesday, warning the industry's recovery from the pandemic would be slowed if Beijing continued its restrictions next year.

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21-09-2022

Sri Lanka inflation rate surges to 70.2% in August

Consumer inflation in Sri Lanka accelerated to 70.2% in August, the statistics department said on Wednesday, as the island nation reels under its worst economic crisis in decades.

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21-09-2022

Samsung Elec's Lee says SoftBank's Son expected to visit Seoul when asked about Arm-media

SEOUL (Reuters) -Samsung Electronics Vice chairman Jay Y. Lee said on Wednesday that SoftBank Group Corp CEO Masayoshi Son is expected to visit Seoul next month when asked about British chip designer Arm Ltd, multiple South Korean media reported.

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21-09-2022

Samsung Elec's Lee says SoftBank's Son expected to visit Seoul -media

Samsung Electronics Vice chairman Jay Y. Lee said on Wednesday that SoftBank Group Corp CEO Masayoshi Son is expected to visit Seoul next month, multiple South Korean media reported.

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21-09-2022

Boeing to slash nearly 150 finance jobs in U.S

Planemaker Boeing Co said on Tuesday it plans to cut about 150 finance jobs in the United States this year to simplify its corporate structure and focus more resources into manufacturing and product development.

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21-09-2022

Tencent Music shares open at HK$18 each in Hong Kong debut

HONG KONG (Reuters) -China's Tencent Music Entertainment Group shares started trading at HK$18 ($2.29) each in the company's Hong Kong listing debut on Wednesday.

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21-09-2022

Tencent Music shares set to open at HK$18 each in Hong Kong debut

China's Tencent Music Entertainment Group shares are due to start trading at HK$18 ($2.29) each in the company's Hong Kong listing debut on Wednesday.

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21-09-2022

Markets body urges caution on shorter settlement in Europe

Halving settlement time for stock trades in Europe to one business day would be "challenging" and needs full analysis by regulators before any decision is taken, a markets industry body said on Wednesday.

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20-09-2022

COVID-hit Shanghai unveils $257 billion in projects in infrastructure push

BEIJING (Reuters) -China's commercial hub of Shanghai on Tuesday announced eight infrastructure projects with total investment of 1.8 trillion yuan ($257 billion), after the city was hit hard by COVID-19 lockdowns in April and May.

newspaper

20-09-2022