Meituan’s foray into Riyadh marks the Beijing-based company’s first overseas expansion amid slowing growth in its home market.
The central bank said the domestic growth outlook depends on the global pivot to monetary easing and a tech upswing.
Lebanon-based Hezbollah has been exchanging near-daily fire with the Israeli army since the day after its Palestinian ally Hamas carried out an unprecedented attack on Israel on October 7.
The government said it was investigating the spread of the manipulated video ‘seemingly asking the armed forces to act against another nation’.
Such a delay would be significant because of the broad expectation that, should the ex-US president reclaim the White House, he would order the case dropped.
Grammy winning rapper Swizz Beatz has entered a camel team in a four-day race in the Saudi oasis city of AlUla, four years after he became the first American to own a racing team in Saudi Arabia.
Sales at the South Korean firm, the world’s No 2 maker of memory, more than doubled in the March quarter, beating estimates.
The prime minister has cancelled public appearances through the weekend, paralysing the country’s political system and raising the possibility of a new election.
Ozempic ‘oops’ babies are sparking debate about the potential use of weight-loss drugs to improve fertility, especially for women with hormonal disorder PCOS, one of the leading causes of infertility.
Chinese farmers are keeping the fewest pigs for breeding since 2020, raising hopes of sustained profitability after years of losses. But the turnaround may not speak to the broader economy, analysts say.
The world’s largest crypto exchange saw its share of bitcoin trading outside the US drop to 55 per cent from 81 per cent, according to a research firm.
An independent review group on the UN agency for Palestinians found some ‘neutrality-related issues’, but it noted Israel had yet to provide evidence for incendiary allegations that staff were members of terrorist organisations.
Srettha Thavisin’s administration invited F1 executives to Bangkok to survey the race routes, and told them the country had all it took to hold the event.
Malaysia plans to build Southeast Asia’s largest integrated circuit design park that is part of its efforts to move beyond chip assembly and into high-value work
The city state’s incoming PM inherits a currency that has risen 40 per cent against its major trading partners over the past two decades, while the economy has doubled in size and total assets under management have climbed more than eight-fold.
Chen Hongtian, who had snapped up mansions and offices in Hong Kong and London, faces demands from banks to repay more than US$200 million of overdue loans following the market slump.
BNP Paribas marks its re-entry into China’s market with hires, at a time when Morgan Stanley, Goldman Sachs and JPMorgan have all made rounds of job cuts in Hong Kong and China
Musk has ordered the company’s biggest lay-offs ever and staked its future on a next-generation, self-driving vehicle concept called the robotaxi. People familiar with his directives are unsettled by the changes the CEO wants to push through.
The US-based general counsel for TikTok and ByteDance has led years-long talks with the American government meant to stave off national security concerns about the app’s connections to China.
Wars in the Middle East and Ukraine, and continuing lower US interest rates have burnished gold’s billing as an investment, but it is the unrelenting Chinese demand that is juicing the rally.
The scandal now engulfing Cordlife Group Ltd. has implications across the region, given its operations in Hong Kong, Macau, Indonesia, the Philippines and India.
The US$868 million Subic-Clark railway will link the former American military bases turned commercial hubs.
The envoy’s tenure was marked by the arrests of Huawei’s Meng Wanzhou and Canada’s 2 Michaels, as well as accusations of Chinese election meddling.
Republican House Speaker Mike Johnson relied heavily on lawmakers from the rival party to overcome a blockade from his conservatives colleagues.
The World Health Organisation is providing basic health information through a humanlike avatar, but the AI-driven bot does not always know what it is talking about.
Alphabet CEO Sundar Pichai announced changes to Google’s workplace teams structure, saying the moves will help the company develop AI products and services faster and more efficiently.
The last time Republicans unseated their own House speaker, it took three weeks and several implosions before they finally settled on the relatively unknown Mike Johnson as a replacement. If he now goes down, who’d pick up the pieces this time?
Israel is divided over what to do next, and whether the Middle East plunges into a wider war might come down to the prime minister’s survival instincts.
The 12-time winner was edged out of the top spot by its Middle Eastern rival in the Skytrax World Airport Awards 2024.
Micron Technology, the largest US maker of memory chips, is poised to get US$6.1 billion in government grants to help pay for domestic factories, part of an effort to bring semiconductor production back to American soil.