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Chinese company Changsheng warns of delisting over scandal

Chinese company Changsheng warns of delisting over scandal

China has sacked a senior provincial official and is probing a former top drug regulator after a safety scandal at vaccine maker Changsheng Biotechnology Co Ltd, which again warned it could be delisted over the scandal.

Mahathir faces headwinds as Q2 economic growth falters

Mahathir faces headwinds as Q2 economic growth falters

Malaysia cut its full-year growth forecast and reported much slower second-quarter expansion yesterday, as the country reviews mega projects and tackles a massive debt left by the previous government.

FX traders are on alert as intervention risk of US dollar climbs

FX traders are on alert as intervention risk of US dollar climbs

Foreign-exchange traders are always scanning the globe for signs of government intervention in the market - but it’s rare for them to suspect the world’s reserve currency as a candidate.

Japan’s manufacturers most confident in 7 months in Aug

Japan’s manufacturers most confident in 7 months in Aug

Business confidence among Japanese manufacturers was at its highest in seven months in August thanks to a firm global economy, a Reuters poll showed yesterday, but the service sector’s mood hit its lowest since 2016, casting doubt on the robustness of domestic demand.

Consumer sentiment in US hits 11-mth low; inflation in focus

Consumer sentiment in US hits 11-mth low; inflation in focus

US consumer sentiment fell to an 11-month low in early August, with households expressing concerns about the rising cost of living, potentially signalling a slowdown in consumer spending.

European stocks wobble on Turkey, US-China concerns

European stocks wobble on Turkey, US-China concerns

US and European stocks wobbled yesterday on investor concerns over Turkey and the ongoing trade war between China and the United States.

The world champion chess prodigy who made hottest Japan IPO

The world champion chess prodigy who made hottest Japan IPO

Takahiro Hayashi won his first nationwide title in shogi - Japanese chess - while still in high school, and by the age of 22, he was the world amateur champion. His coaches were urging him to turn pro.

Amazon is said to be in running to buy Landmark movie chain

Amazon is said to be in running to buy Landmark movie chain

Amazon.com Inc is in the running to acquire Landmark Theatres, a move that would vault the e-commerce giant into the brick-and-mortar cinema industry, according to people familiar with the situation.

Bank of Japan may be ‘stealth tapering’ in markets, say analysts

Bank of Japan may be ‘stealth tapering’ in markets, say analysts

BoJ seen allowing greater stock moves without intervention; analysts think BoJ has begun tapering stock purchases; BoJ has already tapered bond buying from ¥80tn target

Turkey's lira weakens more than 6% on threat of more US sanctions

Turkey's lira weakens more than 6% on threat of more US sanctions

The lira has lost nearly 40% of its value against the dollar this year, hit by both the diplomatic rift and investor alarm.

Google staff demand oversight of China search engine plan

Google staff demand oversight of China search engine plan

Chief Executive Sundar Pichai told a company-wide meeting that development is in an early stage.

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