TikTok to invest billions of dollars in Southeast Asia amid growing scrutiny over data security
Short video app TikTok, owned by China's ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security.
2023-06-15 15:21
Siemens to Make €2 Billion Investment to Boost High-Tech Plants
Siemens AG will invest €2 billion ($2.2 billion) to expand high-tech manufacturing, including a new plant in Singapore
2023-06-15 14:29
Bears retreat on Asian FX, but ringgit and yuan stuck in tight grip: Reuters poll
By Sameer Manekar Investors cut back short bets on emerging Asian currencies as most local central banks maintained
2023-06-15 14:28
Philippine Billionaire Andrew Tan Looks to Expand Casinos Beyond Manila
Alliance Global Group Inc., the investment company of Philippine billionaire Andrew Tan, is looking to expand its casino
2023-06-15 13:52
TikTok’s CEO Says It Plans to Invest Billions in Southeast Asia
ByteDance Ltd.’s TikTok will invest billions of dollars in Southeast Asia over the next three to five years,
2023-06-15 13:46
Indonesia Builder’s Bond Outperforms Despite 1300% Debt Blowout
PT Hutama Karya’s debt is faring better than the bonds of other Indonesian state-backed enterprises — despite an
2023-06-15 13:46
China Youth Jobless Rate Hits Record 20.8% in Challenge for Policymakers
China’s youth jobless rate edged up to a fresh record in May as the economy’s recovery slowed, adding
2023-06-15 12:56
Fast approaching cyclone forces evacuation of 75,000 people on India's west coast
By Sumit Khanna AHMEDABAD, India Authorities in India's western state of Gujarat evacuated more than 75,000 people from
2023-06-15 11:57
China’s Property Investment Slump Deepens With Home Demand Weak
Chinese real estate investment slumped further in May, showing both extended weakness in a key engine for economic
2023-06-15 11:53
Australian Jobs Surge Boosts Rate-Hike Bets as Inflation Lingers
Australian employment smashed expectations in May and unemployment surprisingly declined, bolstering the case for the Reserve Bank to
2023-06-15 11:22
Canada Cuts Ties With Asian Infrastructure Bank on Claims of Chinese Interference
Prime Minister Justin Trudeau’s government stopped Canada’s work with the Asian Infrastructure Investment Bank while it investigates claims
2023-06-15 11:16
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
2023-06-15 10:24