International

EU reaches tentative deal to set 90% emissions cut goal for 2040

[BRUSSELS] The European Union clinched a deal to reduce greenhouse gases by 90 per cent to 2040 compared with 1990 levels, a target that seeks to keep the bloc on track to reach net zero by the middle...

The EU's trade imbalance with China widened to 1:4 in container terms, compared with 1:2.7 in 2019, the lobby group said in a report.

EU firms in China accelerating supply chain diversification, report finds

One in three member companies looking to shift sourcing away from China

Philippines trails regional peers in attracting foreign direct investment, held back by red tape, high power costs, and weak infrastructure.

ADB approves US$400 million loan to make it easier to do business in the Philippines

The country grapples with a massive corruption scandal surrounding flood-control projects, with billions of pesos allegedly syphoned off substandard or “ghost” infrastructure

The 137-member Cambodian sports delegation, participating in 12 sports, has withdrawn due to concerns about escalating tensions at the border with Thailand.

Cambodia orders withdrawal of athletes from SEA Games in Thailand over safety fears

Relations between Thailand and Cambodia have been strained since military clashes broke out along the two neighbours’ border

Thailand's foray into pet food was a natural evolution from its strong position as a key global producer/exporter of human food.

Thai pet-food makers still top dog for US, but tariff pain could bite in 2026

There are some 317 pet-food processors in Thailand, with 36 new companies registered in 2024

China's CPI rose 0.7 per cent in November from a year earlier, matching a 0.7 per cent expansion in a Reuters poll of economists.

China’s consumer inflation quickens to 21-month high, producer deflation persists

[BEIJING] China’s annual consumer inflation accelerated to a 21-month peak in November, mainly driven by food prices, while factory-gate deflation deepened, with underlying trends suggesting domestic ...

While Trump pledged Nvidia’s top products would remain off bounds, the move gives China access to semiconductors at least a generation ahead of its best technology.

Trump’s Nvidia deal reshapes US’s China strategy, risks supercharging Xi’s AI push

The Asian nation has challenged America’s chip curbs this year with its own export controls on rare earths

Gategroup, the former airline catering business of Swiss Air, is co-owned by Temasek Holdings and RRJ Capital.

World’s largest airline caterer Gategroup, co-owned by Temasek, said to be prepping for IPO

THE world’s biggest in-flight caterer Gategroup Holding AG is preparing for an initial public offering as soon as the second half of next year, people familiar with the matter said.

Analysts have questioned whether Kevin Hassett's appointment to the Fed could undercut what is widely seen as the Fed’s longstanding independence from short-term political pressures.

Fed chair front-runner Hassett says ‘plenty of room’ to cut rates

[WASHINGTON] White House economic adviser Kevin Hassett, the front-runner to be the Federal Reserve’s next chair, told the WSJ CEO Council on Tuesday there is “plenty of room” to cut interest rates fu...