Breaking News: Asia
Singapore says non-fully vaccinated travelers don’t need quarantine from Monday
People sit outside a bar at Emily Hill in Singapore, on Monday, Aug. 22, 2022. Ore Huiying | Bloomberg | Getty Images SINGAPORE — Singapore is set to allow non-fully vaccinated travelers to skip quarantine on arrival starting Monday, authorities announced Wednesday. Visitors who are not fully vaccinated will still be required to test negative […]
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Asia-Pacific markets increase following Wall Avenue continued its slide
Morgan Stanley claims the ‘smart’ EV business is tech’s subsequent major issue. Here are its best inventory picks Morgan Stanley states tech supply chains are about to encounter development in the following significant matter: good tech characteristics — from EV batteries to chips and self-driving tech. The expenditure financial institution named its top inventory picks […]
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Tencent posts first ever revenue decline as tough gaming regulation, Covid lockdowns bite
Tencent has faced a number of headwinds in 2022 including a Covid-induced slowdown in the Chinese economy and a tougher market for gaming. Bobby Yip | Reuters Tencent posted its first ever quarterly year-on-year revenue decline as stricter regulations around gaming in China and a resurgence of Covid-19 in the world’s second-largest economy hit the […]
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Google outage reported by thousands of users around the world
The entrance to Google’s U.K. offices in London. Olly Curtis | Future Publishing | via Getty Images Users around the world are reporting outages on Google’s search engine, according to DownDetector.com. In the U.S., more than 40,000 people reported that Google was down for them around 9.20 p.m. ET, though the figure has since fallen. […]
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SoftBank posts a $21.6 billion quarterly loss on its Vision Fund, one of the highest in its history
SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics. Kentaro Takahash | Bloomberg | Getty Images SoftBank posted one of its biggest losses at its Vision Fund investment […]
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Hong Kong cuts hotel quarantine for travelers to 3 days, plus 4 days of home medical surveillance
Hong Kong is reducing the amount of time travelers will need to serve hotel quarantine, from seven days down to three starting Friday. “The seven-day quarantine hotel arrangement will be changed to three days in a quarantine hotel, plus four days of home medical surveillance,” Chief Executive John Lee said at a press conference Monday. […]
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Alibaba shares jump 7% after quarterly earnings beat expectations
Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News | VCG | Getty Images Alibaba reported fiscal first-quarter earnings on Thursday that beat […]
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Former Japanese Prime Minister Shinzo Abe taken to hospital after apparent shooting, Japan news service NHK says
Japan’s former prime minister Shinzo Abe has been taken to hospital bleeding after collapsing while delivering a speech in the western city of Nara, public broadcaster NHK reported on Friday. A sound like a gunshot was heard at the time, and a male suspect was detained at the scene, NHK said. An NHK reporter on the scene said they could […]
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China says it will maintain an ‘objective and fair’ position on Russia-Ukraine crisis
Chinese Foreign Minister Wang Yi met Russian Foreign Minister Sergei Lavrov on on the sidelines of a G-20 summit in Bali, Indonesia. This photo shows the two men in a 2021 meeting in Beijing, China. Russian Foreign Ministry Press Service Handout | Anadolu Agency | Getty Images Chinese Foreign Minister Wang Yi says China will […]
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Asia-Pacific markets trade higher ahead of U.S. jobs report
SINGAPORE — Asia-Pacific markets opened higher on Friday as investors look ahead to the release of U.S. jobs data for June. The Nikkei 225 rose 0.54%, while the Topix index gained 0.34%. Australia’s S&P/ASX 200 advanced 0.51%. South Korea’s Kospi added 0.91%, while the Kosdaq was 1.03% higher. The U.S. Bureau of Labor Statistics is set […]
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