Goldman staff in the region will be able to claim a one-time subsidy to cover costs from a mandatory quarantine stay effective Dec. 1
Chinese President Xi Jinping warned Thursday against letting tensions in the Asia-Pacific region cause a relapse into a Cold War mentality
With more and more enterprises heading towards their digital-first state, DX technology spending is expected to grow two times faster than overall IT.
China expects the deal to significantly improve East Asia's economic integration and wants full implementation as soon as possible, according to a statement of China Ministry of Commerce on Saturday.
China submitted a formal application letter to join the deal, known officially as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership
A rise in yields for long-dated sovereign bonds will result in near-term losses for the A-Pac banks as they recognise valuation changes on their available-for-sale bond portfolios, according to Fitch
Asia Pacific's economic recovery from Covid-19 will be boosted by US stimulus and stronger global demand, S & P Global Ratings said on Thursday.Vaccine rollout in the region may lag other parts of the world but there will be enough progress to lift consumer spending and domestic demand later in 2021, it said in a report titled 'Economic Outlook Asia Pacific Q2 2021: Three-Speed Recovery Will Benefit From Faster Global Growth."S & P Global Ratings revised upward its growth forecast for Asia Pacific to 7.3 per cent for 2021 from 6.8 per cent previously.A faster-than-expected global vaccine rollout, a large dose of US stimulus and upside surprises in trade and manufacturing pushed its forecasts higher and offset recent weakness in household spending."We also expect gradual vaccine coverage in the region to encourage a virtuous cycle of higher spending on services, more jobs and rising incomes to power the next leg of recovery," said Shaun Roache, Asia Pacific chief economist at S
The meeting between US Secretary of Defence Lloyd J Austin and his Indian counterpart Defence Minister Rajnath Singh is scheduled to take place at 11 am in South Block on Saturday
German airliners group Lufthansa has appointed Elise Becker as its vice-president for Asia-Pacific, according to a statement. Becker, who succeeds Alain Chisari, will assume her new position at the Lufthansa Group's regional headquarters in Singapore from May 1, Lufthansa said. Chisari has been assigned a new role within the Lufthansa Group sales organisation, it said. She will be responsible for directing all commercial activities of the Group's premium airlines Lufthansa, SWISS, Brussels Airlines and Austrian Airlines. Becker's new role includes managing and strategically developing all airline joint ventures and partnerships in the region. "Becker brings with her a wealth of experience and expertise in the airline industry as well as the needed perseverance in these challenging times for Asia-Pacific which includes some of our most important markets world-wide," said Stefan Kreuzpaintner, senior vice-president (global sales) at Lufthansa Group. Lufthansa Group and its airlines
No Australian airlines operate the 737 MAX, but Fiji Airways and Singapore Airlines Ltd operated them on flights to Australia
Says the country's position as world's largest vaccines maker with 60% of global share, will help it achieve this distinction
KKR raises $3.9 billion for its first Asia-Pacific infrastructure fund
Stabilising cash flows amid power demand recovery, gradual pace of regulatory change and manageable transition to a low carbon economy underpin Moody's stable outlook for Asia-Pac power sector in 2021
Australian Prime Minister is in Japan to hold talks with his Japanese counterpart to bolster defence ties between the two US allies to counter China's growing assertiveness in the Asia-Pacific region
Trade disputes have hit a dozen Australian industries and threatened exports to China of agricultural products, timber and resources worth billions of dollars
The arrangement will in the long term act as a counterweight to current and proposed trading arrangements in the Asia-Pacific region, officials said
Also, the company announced the re-appointment of K E Ranganathan as managing director (India) for the next five years
Remittances to Asia and the Pacific, which amounted to $315 billion in 2019, help fuel the consumption-led growth for some of the region's developing economies, including the Philippines
IATA last week said the coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year
Japan would take 0.5 percentage point hit and Korea a 1 percentage point knock