East Asia

Thames Water hit by more rating agency downgrades as cash crunch looms

If a majority of its creditors cannot agree on releasing reserves early, the company could come to a standstill at…

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China weighs injecting 1 trillion yuan of capital into top banks

CHINA is considering injecting up to one trillion yuan (S$183 billion) of capital into its biggest state banks to increase…

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Boeing strike leaves Asian airlines sweating on plane deliveries

THE Seattle factory strike crippling production at Boeing is triggering delays to 737 Max deliveries across Asia, a region that’s…

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Oil falls on easing Libya supply concerns, lingering China demand worries

OIL prices slumped over 2 per cent on Wednesday as worries over supply disruptions in Libya eased and demand concerns…

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Eurostar and SkyTeam partner for air/rail connections

In a landmark move aimed at enhancing sustainable travel across Europe, Eurostar and SkyTeam, the global airline alliance, have announced…

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ADB says AI investments to drive developing Asia growth

SURGING global investments in artificial intelligence and easing inflation give developing Asia a launch pad for sustained economic growth in…

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Catalytic capital is key to emerging markets badly in need of decarbonisation funding

Managers are courting catalytic capital – investment willing to accept a lower return – so as to bring more investors…

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QIIB successfully issues $300mn Tier 1 capital sukuk

QIIB has announced the successful issuance of a $300mn Tier 1 capital sukuk, aimed to strengthen its capital position and…

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China opens probe into U.S. firm suspected of market discrimination

<img src='https://news.cgtn.com/news/2024-09-24/China-opens-probe-into-U-S-firm-suspected-of-market-discrimination-1xacZxAuHIY/img/74b0e2cec16e4d5b8e897d555f2e0802/74b0e2cec16e4d5b8e897d555f2e0802.png' alt='A file photo of the building of the Chinese Ministry of Commerce in Beijing, China. /CFP' China’s Ministry…

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CSRC to improve quality & investment value of listed firms

China Securities Regulatory Commission (CSRC) will take a number of measures to improve the quality and investment value of listed…

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