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China plans to create a central agency to manage the flow of data: Report

Chinese officials have in recent years emphasised the need to strengthen their control over the valuable data generated by swaths of the economy, including its internet industry

Japan will disappear without any action on births, says PM's aide

The population has fallen to 124.6 million from a peak of just over 128 million reached in 2008, and the pace of decline is increasing

Will take forceful measures to ensure high-end manufacturing: Xi Jinping

This comes against the backdrop of shifts of production capacity to US, neighbours

BYD's $18 bn rout shows fallout of price war among EV makers in China

Traders are growing wary about BYD's prospects after the electric vehicle maker's dealers slashed prices of some models to boost sales

Subway's potential $10 billion sale draws Goldman, Bain, says report

Goldman Sachs Asset Management and Bain, along with private equity firms TDR Capital and TPG, have tabled indicative offers for Subway, the news outlet reported

Zoom abruptly fires president Greg Tomb 'without cause': Report

The executive had taken a high-profile role at Zoom during his short tenure, appearing on earnings calls and overseeing the company's sales operation

China's central bank signals stable policy as economy rebounds

The PBOC will adjust monetary policy at the appropriate time, Deputy Governor Liu Guoqiang said at the briefing

Singapore monitors short-sellers after Adani Group-Hindenburg saga

The Singapore Exchange's regulatory arm may order an independent review if there are areas of concern, said Tharman, who also serves as minister in charge of the Monetary Authority of Singapore

European ESG funds sell more of their Adani Group shares, shows data

Shares bearing the Adani name now appear in about 480 so-called Article 8 funds - entities promising to promote environmental, social and governance goals under European Union rules

Cutting oil and gas production not healthy, says Shell CEO Wael Sawan

"We've seen of course through 2022 the fragility of the energy system," Sawan said. "To see prices start to skyrocket, that's not healthy for anyone, particularly consumers"

iPhone maker Foxconn plans $700 million India plant in shift from China

The investment is one of Foxconn's biggest single outlays to date in India and underscores how China's at risk of losing its status as the world's largest producer of consumer electronics

Manufacturing: PM has multiple holes to fill before pvt capital rushes in

Yet, a look at the Indian units of long-established multinationals shows how much help the industrial sector will need

Two Fed officials warn they may need to lift rates to a higher peak

Waller's speech followed comments by Atlanta Fed President Raphael Bostic, who told reporters that he still favored raising rates by 25 basis points in March but was open to lifting borrowing costs

US expands crackdown on China with export restrictions on Inspur, BGI

The Commerce Department added a number of companies to the so-called Entity List for acquiring and attempting to acquire US-origin items in support of China's military modernization efforts

Adani Group bonds flash warnings even as $153 billion stock rout eases

But a closer look at billionaire Gautam Adani's empire shows that while fears of a debt blowup in the next three years have receded, investors still have doubts

World Bank nominee Ajay Banga is a 'big believer' in climate science

Banga added that he's preparing to embark on a three-week trip to both creditor and borrower nations to shore up support for his nomination

Mukesh Ambani's next disruption: Foray into genome testing with a $145 kit

The project to bring affordable personal gene-mapping to India's 1.4 bn people, will potentially create a treasure trove of biological data that can aid drug development and disease prevention

Reliance, Tata Power, others bid for Rs 19,500 cr solar incentives

The financial assistance is part of PM Modi's aim to turn the nation into a manufacturing powerhouse, creating more jobs in the economy and reducing imports that can drain foreign exchange

Markets brace for potential default by Pakistan as $7 bn debt looms

Pak was downgraded deeper into junk by Moody's Investors this week as the country faces its worst economic crisis in decades, with foreign reserves plummeting and inflation soaring to record high

China loses more than 40 mn workers in three years as population ages

The data reflects a rapid rise in the number of people retiring, likely raising pressure on Beijing to accelerate unpopular plans to raise official retirement ages