Singapore president warns of AI's risk to employment for fresh graduates
Singapore President Tharman Shanmugaratnam said governments across the world should address the pressing issue of how the emergence of artificial intelligence is dampening jobs demand for fresh graduates.
Southeast Asia's No.1 economy to boost biofuel production from sugarcane
Indonesia will "open new plantations" for sugarcane used in bioethanol production, the government said, even as it announced a halt to deforestation for rice paddy expansion.
Southeast Asia's third largest economy may suffer $320M flood damage
Thousands sheltered on Sept. 28 in evacuation centers in the Thai capital, parts of it still flooded after havoc brought by intense weekend rain, while swelling reservoirs in an eastern province triggered orders for more to leave their homes.
China says to cut tariffs on US farm goods, but soybeans excluded
China is set to cut tariffs on a broad range of U.S. agricultural goods, from corn and wheat to meat and dairy, but top import item soybeans were excluded from a tariff-reduction list its commerce ministry issued on Monday.
China, US agree to AI dialogue, tariff cuts on $30B in goods during Xi visit
The United States and China have agreed to reduce tariffs on US$30 billion of goods and launch a dialogue on AI, both countries said following President Xi Jinping's visit to Washington.
Philippines suspends LPG, kerosene excise over Mideast war
The Philippines has temporarily suspended excise duties on petroleum products used for cooking as it struggles to deal with soaring fuel costs from the Middle East war.
Thailand to extend consumer subsidy program to help ease living costs
Thailand will extend its consumer subsidy program using 40 billion baht (US$1.20 billion) remaining from the first phase, Prime Minister Anutin Charnvirakul said on Friday.
The Dutch central bank said Wednesday it had moved 86 tonnes of its gold reserves out of the United States and Canada to London, citing "increasing geopolitical unrest."
EU suspends Brazilian meat imports over antibiotic compliance concerns
The European Union will suspend imports of Brazilian meat and other animal products from Thursday, citing concerns over Brazil’s compliance with EU rules on antibiotic use in livestock.
Fast fashion giant Shein valued at up to $27B in Hong Kong IPO
Online fast-fashion retailer Shein's valuation has dropped by around 70% from a near $100 billion private market peak four years ago, as it aims to raise up to HK$13.86 billion ($1.77 billion) in its Hong Kong IPO launched on Monday.
Panama Canal to reduce shipping over El Nino-fueled drought
The Panama Canal will cut the number of ships passing through it starting next month because of drought caused by the El Nino phenomenon, the operator of the strategic waterway linking the Atlantic and Pacific said Thursday.
World's largest economy's national debt exceeds $40 trillion for first time
The U.S. gross national debt has surged past US$40 trillion for the first time, government data showed Wednesday, outstripping earlier forecasts at a pace fuelled in part by President Donald Trump's invalidated tariffs.