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Coronavirus impact: COVID-19 hits Thai economy as key sector suffers

Coronavirus impact: COVID-19 hits Thai economy as key sector suffers

Tue, Feb 18, 2020

The outbreak of the novel coronavirus has devastated the Thai tourism sector, affecting their economy.

Coronavirus reaction: US evacuates citizens from virus-stricken cruise ship in Japan

Coronavirus reaction: US evacuates citizens from virus-stricken cruise ship in Japan

Mon, Feb 17, 2020

US government sends aircrafts to bring back its own citizen from a virus stricken cruise ship in Japan.

Proud moment for Japan! Liverpool pays 8.5 mn euros for Takumi Minamino

Proud moment for Japan! Liverpool pays 8.5 mn euros for Takumi Minamino

Fri, Dec 20, 2019

English Premier League (EPL) Liverpool FC has signed Japanese striker Takumi Minamino for a reported 8.5 million euros.

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Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank

Snapdeal in talks to raise fresh funds from Japan's telecom & internet firm SoftBank

Wed, Jan 25, 2017

Online e-commerce company Snapdeal is in talks with SoftBank to raise fresh funds at lower valuation.

India, others should continue medium-term plans to reduce public debt, deficit: IMF

India, others should continue medium-term plans to reduce public debt, deficit: IMF

Tue, Jan 17, 2017

Countries with higher public debt levels like India should continue to implement their medium-term plans to reduce debt and deficits, an IMF official has said.

Online healthcare platform Practo raises $55 million in fresh funding

Online healthcare platform Practo raises $55 million in fresh funding

Tue, Jan 17, 2017

Indian online healthcare platform Practo said on Tuesday it had raised $55 million (nearly Rs 365.90 crore) from new and existing investors in a fresh round of funding led by China`s Tencent Holdings.

Toyota adds 543,000 vehicles to Takata air bag recalls in United States

Toyota adds 543,000 vehicles to Takata air bag recalls in United States

Fri, Jan 13, 2017

Toyota Motor Corp says it is recalling another 543,000 vehicles in the United States (US) for defective front passenger air bag inflators made by Japan's Takata Corp.

China posts worst export fall since 2009 as fears of US trade war loom

China posts worst export fall since 2009 as fears of US trade war loom

Fri, Jan 13, 2017

China`s massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade war with the United States (US) that is clouding the outlook for 2017.

Financial technology will be important for India's future: PM Modi

Financial technology will be important for India's future: PM Modi

Mon, Jan 09, 2017

Financial technology will be important for India's future, Bloomberg reported quoting Prime Minister Narendra Modi as saying on Monday while inaugurating India International Exchange at Gujarat International Finance Tec-City (GIFT) in Gandhinagar in Gujarat.

Steel Ministry seeks lower import taxes on key raw materials

Steel Ministry seeks lower import taxes on key raw materials

Tue, Jan 03, 2017

India`s Steel Ministry wants lower import taxes on a number of key steelmaking raw materials, including nickel, to protect the domestic industry from the rising costs of basic resources, a senior government official said on Tuesday.

Japan logs ninth monthly price fall in November

Japan logs ninth monthly price fall in November

Tue, Dec 27, 2016

Japan`s consumer prices fell for the ninth straight month in November, official data showed on Tuesday, while household spending declined and unemployment ticked up.

Australia inks mega deal to buy French submarines

Australia inks mega deal to buy French submarines

Tue, Dec 20, 2016

Australia on Tuesday signed a mega deal to purchase a fleet of next-generation submarines from France, with Prime Minister Malcolm Turnbull hailing the vessels` "cutting-edge technology".

NMDC invests Rs 1,222 crore to set up Nagarnar steel plant

NMDC invests Rs 1,222 crore to set up Nagarnar steel plant

Sun, Dec 18, 2016

State-run iron ore miner NMDC has invested Rs 1,222.65 crore till September 2016 to set up a 3 million tonnes per annum (MTPA) integrated steel plant in Nagarnar in Bastar district of Chhattisgarh. The plant is expected to start trial production by mid-2017.

Economy pays tab for Japan Inc's free lunch on overtime

Economy pays tab for Japan Inc's free lunch on overtime

Sun, Dec 18, 2016

Japanese workers put up with long hours and unpaid overtime under pressure from cost-saving companies, and figures from government, which wants more money in workers` pockets to boost consumer spending, appear to underestimate the problem.

India to have highest salary increase in Asia Pacific in 2017

India to have highest salary increase in Asia Pacific in 2017

Mon, Dec 12, 2016

India and Vietnam will have the highest salary increases next year with a projected rise of 10.8 % and 9.2 % respectively among Asia Pacific's emerging economies, according to a report by a global consulting firm.

Japan's Honda ties up with ride-hailing service Grab

Japan's Honda ties up with ride-hailing service Grab

Mon, Dec 12, 2016

Southeast Asian ride-hailing service Grab disclosed on Monday that Japan`s Honda Motor Company had invested in the firm, as part of a $750 million funding announced previously, to collaborate on motorbike-hailing services.

Japan's October core machinery orders rise, beating expectations

Japan's October core machinery orders rise, beating expectations

Mon, Dec 12, 2016

Japan`s October core machinery orders rose for the first time in three months to beat expectations, government data showed - a tentative sign of a pickup in capital expenditure.

Oil surges as non-OPEC, OPEC producers agree on output cuts; dollar strong

Oil surges as non-OPEC, OPEC producers agree on output cuts; dollar strong

Mon, Dec 12, 2016

Oil prices jumped more than 5% on Monday after OPEC and non-OPEC producers agreed to curb oil output and ease a global glut, while the US dollar extended gains ahead of an expected rate hike this week.

China faces battle over market economy status

China faces battle over market economy status

Sun, Dec 11, 2016

China`s battle for recognition as a market economy that would help it avoid penalties from key trade partners has been thwarted, as a key clause in Beijing`s deal to join the World Trade Organisation (WTO) expires on Sunday.

Edmond de Rothschild to close Hong Kong operations

Edmond de Rothschild to close Hong Kong operations

Thu, Dec 08, 2016

Swiss private bank Edmond de Rothschild is closing its Hong Kong operations, according to three people familiar with the matter, more than two decades after it opened shop in the former British territory and as costs in the wealth management industry bite.

Japan's lower house of parliament passes long-awaited casino bill

Japan's lower house of parliament passes long-awaited casino bill

Tue, Dec 06, 2016

Japan`s lower house of parliament on Tuesday passed a long-awaited bill to legalise casinos, in a major step toward opening up a market seen as a potential global gaming powerhouse.

India extends steel floor price to February 4 to curb cheap imports

India extends steel floor price to February 4 to curb cheap imports

Sun, Dec 04, 2016

India has yet again extended the floor price of imports of steel products for a further two months as the government tries to protect the domestic industry from cheap overseas shipments, especially from China.

Nissan launches GT-R in India priced at Rs 1.99 crore

Nissan launches GT-R in India priced at Rs 1.99 crore

Sat, Dec 03, 2016

Japanese carmaker Nissan Motor India has launched its iconic model GT-R in India, priced at Rs 1.99 crore (ex-showroom Delhi). The Nissan GT-R is the iconic supercar that embodies the pinnacle of Japanese firm's engineering prowess and driving performance.

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