North Korea fires 'several' ballistic missiles, South Korea and Japan say
Singapore sports round-up (15-21 April): Marc Brian Louis wins at S'pore Open, StarHub Football Festival at OTH
Almost half of all major Chinese cities are sinking, study says
Toxic: How the search for the origins of COVID-19 turned politically poisonous
An arthritis drug helps old dogs, but some owners worry about side effects
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- BusinessAFP News
Asian stocks rise on earnings optimism as US data approaches
Asian equities extended the week's gains Wednesday following a strong rally on Wall Street and another record in London, as traders cheered more upbeat earnings reports and data indicating a slowdown in US economic activity.Asia continued the week's rally, with Tokyo, Hong Kong, Seoul and Taipei up more than two percent, while Wellington and Manila gained more than one percent higher.
3-min read - NewsAFP News
Biden pledges swift weapons delivery to Ukraine
US President Joe Biden vowed to send fresh weapons to Ukraine within days as he prepared to sign on Wednesday an aid package including $61 billion meant to help Kyiv's forces push back against Russia.- Ukraine aid 'within days' - A Pentagon spokesperson told reporters Tuesday it could deliver fresh aid to Ukraine "within days."
4-min read - BusinessAFP News
Malaysian airline mogul Fernandes delays retirement
Malaysia's Tony Fernandes, one of Asia's most prominent entrepreneurs, has decided to extend his contract as chief executive of Capital A, the firm said Wednesday, after the board persuaded him to delay his planned retirement.Fernandes said he was "excited to embark on the journey of completing the full transformation of Capital A." The firm said it had approved an incentive package but did not reveal details.
1-min read - NewsAFP News
EU opens probe into China's medical device market
The European Union has launched an investigation into Chinese public procurement of medical devices, the EU's official journal said Wednesday, in a move that risks raising further tensions with Beijing.It is the first probe under the EU's International Procurement Instrument which seeks to promote reciprocity in access to international public procurement markets.
2-min read - BusinessReuters
Filtronic's shares surge 50% on deepening supply deal with Musk's SpaceX
Filtronic, which manufactures products for the aerospace, defence, space and telecom infrastructure markets, already supplies Starlink with E-band solid state power amplifiers (SSPA), which are used for low-earth orbit satellites. SpaceX will also get 21.7 million warrants in Filtronic, enabling it to subscribe for up to 10% of its shares. The partnership was executed with an initial purchase order of $19.7 million to supply E-band SSPA modules, scheduled for delivery in fiscal 2025, Filtronic
1-min read - NewsAFP News
Blinken due in China seeking pressure but also stability
US Secretary of State Antony Blinken was due in China on Wednesday, as the United States ramps up pressure on its rival over its support for Russia while also seeking to manage tensions with Beijing. But Blinken is also seeking to stabilise ties, with tensions between the world's two largest economies palpably easing since his last visit in June.
4-min read - BusinessReuters
Polestar may use US plant to sell cars to Europe as EU-China tension rises
Chinese-backed Swedish electric vehicle (EV) maker Polestar Automotive is preparing to shift production of cars it plans to sell into Europe to its U.S. plant from China in view of rising geopolitical tension, its CEO said. Asked how Polestar is preparing for a European probe into Chinese-made EVs possibly leading to increased tariffs, Thomas Ingenlath said the automaker is exploring the idea of exporting the Polestar 3 made in South Carolina to the European Union. Polestar builds the majority
2-min read
