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Hong Kong to ease entry rules for foreign workers to stem manpower crunch

When we have a serious labor crunch, if we do nothing about that, the entire community will be affected, Lee said, warning of risks to the city's economy and competitiveness

Elizabeth Holmes objects to $250-a-amonth victim payments after prison

Federal prosecutors say there's a clerical error in a court filing that doesn't specify a schedule for Holmes to pay $452 million in restitution to victims of her massive fraud

Sizzling rally in Indian property stocks seen extending over cuts on rates

The NSE Nifty Realty Index has gained 36% since a March-low as cooling inflation allowed the Reserve Bank of India to keep rates on hold

Climate laws could price Americans out of EV market, BYD executive warns

BYD Co., China's homegrown company that's now become the world's hottest maker of electric vehicles, has a warning for the US

Foreigners now flocking to New Zealand, net immigration surges in April

New Zealand has loosened immigration policy, allowing more foreign workers to enter the country to ease labor shortages that had became acute when the border was shut during the Covid-19 pandemic

Foreign automakers get a second chance as India transitions to EVs

But with the advent of EVs, firms like MG Motor India Pvt, the local unit of China's SAIC Motor Corp., Renault SA, Nissan Motor Co. and Volkswagen AG may finally gain a better foothold

Credit Suisse's Mihir Doshi to head combined UBS India business

Doshi's appointment would signal continuity and assuage concerns among Credit Suisse employees in the country regarding changes that are likely to be made post-takeover, including redundancies

Donald Trump shared a plan to attack 'unnamed nation': Indictment

"See as president I could have declassified it," he said, according to a transcript in the indictment. "Now I can't, you know, but this is still a secret"

India providing credit line to help economy: Egyptian supply minister

The Middle East's most populous nation is racing to turn around an economy that was heavily exposed to the shock waves of Russia's invasion of Ukraine

Evacuations begin as 'extremely severe' cyclone heads for India, Pakistan

The region has been witnessing extreme weather events, with scientists blaming climate change for a rise in the frequency of cyclones, heat waves, floods and droughts

Samsung ex-exec tried to set up semiconductor plant in China. It was a copy

Prosecutors said in a statement Monday they arrested a 65-year-old accused of stealing trade secrets from 2018 to 2019 to reproduce a chip plant in the northern city of Xi'an

UBS Group completes takeover of Credit Suisse to create bank titan

The Swiss bank announced the closing of the deal in an open letter in local and international newspapers on Monday. The takeover of Credit Suisse ends the lender's 167-year independent existence

China tells last Indian journalist in country to leave by this month

India's Foreign Ministry said earlier this month that Chinese reporters had been operating in the South Asian country without any difficulty, but this was not the case for Indian journalists in China

Here's how 'overpriced' Apple Vision Pro could save its VR competitors

With Apple giving rivals a template for how a mixed-reality headset should work, and by providing vendors a guide for making the parts required, the entire industry will get a boost

Quality check: India needs to restore faith in the 'world's pharmacy'

For more than a decade, it has been clear that too many medicine makers in India have not been doing their duty by their customers, here and abroad

'Decade of emerging markets' may be about to regain traction as rates peak

Developing-nation assets stand to finally take off in the second half, they say, as long as global interest rates peak, Chinese authorities prop up growth

As Fed Reserve signals rate pause, Powell will have to placate hawks

Policymakers are expected to leave rates in a range of 5% to 5.25% at their June 13-14 meeting, allowing them to take stock of the outlook following recent strains in the banking sector

There's more trouble coming for regional US banks: Soros Fund CEO

One further source of trouble for the industry will be commercial real estate, an area that in recent years smaller and regional banks have become a bigger force in

OpenAI's CEO Sam Altman calls on China to help shape AI safety guidelines

China has some of the best AI talent in the world and fundamentally, given the difficulties in solving alignment for advanced AI systems, this requires the best minds from around the world: Altman

Credit Suisse loses three more investment bankers to Banco Santander

The three are among at least 11 investment bankers reported by Bloomberg News this week to have left the storied Swiss lender for other banks with the completion of its merger with UBS Group AG loomin