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TOKYO: Japan's economy fell for the first time in two quarters in the first three months of the year as COVID-19 curbs hit the service sector and the Ukraine war and surging commodity prices created new headaches for consumers and businesses.
IRAQ’S oil ministry thwarted three prospective deals last year that would have handed Chinese firms more control over its oilfields and led to an exodus of international oil majors that Baghdad wants to invest in its creaking economy.
JUST two weeks ago, I was feeling fine. If you caught my last column, I said I was in a celebratory mood. Well, my feel-good mood has evaporated. Instead, I feel vexed, anxious and unsettled over so many things.
KUALA LUMPUR: Duopharma Biotech Bhd’s net profit rose 15.2% to RM20.29mil in the first quarter ended March 31 against RM17.61mil a year ago on higher sales.
JAKARTA (The Jakarta Post/Asia News Network): Finance Minister Sri Mulyani Indrawati is ready to increase budget spending to protect consumers – and Indonesia's economic recovery – amid surging inflation.
Microsoft Corp plans to “nearly double” its budget for employee salary increases and boost the range of stock compensation it gives some workers by at least 25%, an effort to retain staff and help people cope with inflation.
SYDNEY (Reuters) - Australia's ruling coalition on Tuesday pledged to fund A$2.3 billion ($1.60 billion) worth of its election promises by curbing public sector spending over the next four years, which it said would also further reduce the budget deficit.
KABUL (Reuters) - Taliban authorities in Afghanistan dissolved five key departments of the former U.S.-backed government, including the country's Human Rights Commission, deeming them unnecessary in the face of a financial crunch, an official said on Monday.
PETALING JAYA: Malaysian corporates are likely to post a slowdown in corporate earnings growth this year as inflationary pressures, the spike in raw material prices and the Russia-Ukraine war impact profitability.