Business

A worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory, in Hangzhou, Zhejiang province, China March 2, 2020. China Daily via REUTERS/File Photo  TOKYO — Asia’s factory activity weakened in September as soft Chinese demand and global economic uncertainty pointed to a …

BANGKOK — Google plans to invest $1 billion to build digital infrastructure in Thailand, including a new data center, the US tech giant has announced, saying the move would support 14,000 jobs in the kingdom. The new hubs in Bangkok and the industrial area of Chonburi are intended to help …

NEW YORK — Officials at 14 ports along the US East and Gulf Coasts were making last-minute preparations on Monday for a likely labor strike that could drag on the US economy just ahead of a presidential election despite last-minute talks. Business group United States Maritime Alliance (USMX) announced late …

A worker cycles near a factory at the Keihin industrial zone in Kawasaki, Japan February 28, 2017. REUTERS/Issei Kato/File Photo  TOKYO — Japan’s factory output tumbled last month, driven by typhoon-led disruptions in motor vehicle production and weak US sales, with the government and analysts cautioning about a subdued outlook …

ICBC and China’s three other big banks are recording markedly increasing liabilities in the depressed property sector. © Qilai Shen/Bloomberg BEIJING — Six of China’s biggest banks said they would tweak interest rates on mortgages for existing home loans following a request to lower them from Beijing’s central bank, state media …

BANGKOK — Indonesian shrimp farmer Yulius Cahyonugroho operated more than two dozen ponds only a few years ago, employing seven people and making more than enough to support his family. Since then, the 39-year-old said the prices he gets from purchasers have fallen by half, and he’s had to scale …

CCIAP President Connie da Cunha meets with SBMA Chairman and Administrator Eduardo Jose Aliño during the September 20 visit of Australian businessmen to Subic Bay Freeport./SBMA photo  SUBIC BAY FREEPORT, Philippines — A business delegation from Australia met with officials of the Subic Bay Metropolitan Authority (SBMA) here to scout …

Containers are moved at the Port of New York and New Jersey in Elizabeth, N.J., on June 30/The Associated Press  NEW YORK — Tens of thousands of US dockworkers plan to strike next week if there is no breakthrough on contract talks, just a month before November’s closely contested presidential …

Representational image/Gulf Today KATHMANDU — Taxi driver Surendra Parajuli’s decision to buy an electric cab would have been unthinkable a decade ago, when chronic power cuts left Nepalis unable to light their homes at night. But a dam-building spree has led to dirt-cheap energy prices in a landlocked Himalayan republic …

The Philippine Stock Exchange is planning to launch Global Philippine Depositary Receipts (GPDRs) as a means to allow Philippine investors to trade in stocks listed in overseas bourses. Prior to the launch, the PSE has issued a memorandum seeking public comments on its Proposed Rules for Global Philippine Depositary Receipts …