- January 3rd, 2025
Foxconn, a leading supplier for Apple, has implemented significant changes to its hiring practices in India. The move comes after a Reuters investigation in June 2023 uncovered discriminatory recruitment criteria at Foxconn's main iPhone assembly plant in Sriperumbudur, near Chennai....
Filipinos began the arduous process of recovery on Monday after Super Typhoon Man-yi, the sixth major storm to strike the Philippines in just a month, wreaked havoc over the weekend. The storm caused widespread damage, uprooting trees, toppling power lines,...
In the heart of Banda Aceh, the capital of Indonesia's most conservative province, a quiet revolution is brewing—cup by cup. At Morning Mama, a cafe run entirely by women, 28-year-old owner Qurrata Ayuni and her team are redefining gender roles...
The founder of one of Asia’s largest oil trading firms, Lim Oon Kuin, better known as O.K. Lim, is set to be sentenced today in what has been described as one of Singapore's most severe fraud cases. Lim, the former...
Chinese President Xi Jinping emphasized his intent to "further enhance" relations with Brazil upon his arrival for a state visit and the 19th G20 Summit, according to Chinese state media. The visit, which will extend until Thursday, reflects China's growing...
Business leaders in Nagoya on Monday, Bank of Japan (BOJ) Governor Kazuo Ueda painted a cautiously optimistic picture of Japan's economic trajectory. Highlighting progress towards achieving sustained inflation bolstered by wage growth, Ueda suggested that conditions for raising interest rates...
Chinese e-commerce powerhouse Alibaba Group is embarking on an ambitious plan to raise $5 billion through a multi-tranche bond offering, according to sources privy to the matter. The fundraising initiative includes both U.S. dollar-denominated bonds and offshore Chinese yuan bonds,...
In a drastic move to tackle the city’s escalating air pollution crisis, authorities in India’s capital transitioned schools to online classes on Monday, effective immediately. The decision comes in response to alarmingly high levels of toxic smog that have engulfed...
Wall Street’s optimism toward Chinese stocks is fading rapidly as persistent deflationary pressures, geopolitical tensions, and a subdued macroeconomic outlook weigh heavily on investor sentiment. Major financial institutions such as Morgan Stanley and Goldman Sachs have issued cautious outlooks, downgrading...
After two years of enduring relentless declines, the Japanese yen may finally be poised for a turnaround. Analysts and market strategists predict the yen could strengthen against the US dollar, fueled by anticipated policy shifts from the Bank of Japan...
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