Japan’s economy bounced back in the fourth quarter as business and consumer spending recovered from the impact of natural disasters but trade frictions and a proposed sales tax hike are expected to hinder growth in 2019.
European aviation giant Airbus said Thursday it will stop making its superjumbo A380 in 2021 for lack of customers, abandoning the world’s biggest passenger jet and one of the aviation industry’s most ambitious and most troubled endeavors.
Japan Display Inc. is planning to receive a bailout of up to ¥80 billion ($724 million) from a group of Chinese and Taiwanese companies in a bid to improve its competitiveness against South Korean rivals, sources close to the matter said Tuesday.
PARIS (AP) — The board of French carmaker Renault on Thursday named two new leaders to replace industry veteran Carlos Ghosn, who resigned after weeks of detention in Japan.
Bank Indonesia (BI) needs to follow the monetary policy of the United States Federal Reserve (Fed) in setting its reference rate so as to ensure stability in the rupiah’s exchange rate against the US dollar, Maybank Indonesia economist Myrdal Gunarto said on Monday.
The government believes the manufacturing sector will be the new engine of economic growth for Indonesia and will, therefore, focus on its development in the next five years.
Business & Industry | Environmental Energy & Material
Concern about the dramatic impacts of climate change has led to a global shift away from using carbon-emitting coal for power generation, but in post-Fukushima Japan where nuclear remains a dirty word, coal is now king.
Indonesia's e-commerce scene is surely an exciting one. Last year, its online market transactions were recorded as the highest in Southeast Asia, with sales volumes reaching US$2.7 billion. During the national online shopping day (Harbolnas) on Dec. 12, 2018, up to Rp 6.8 trillion (US$486.5 million) of sales were booked, an increase of Rp 2.1 trillion from last year.
Environmentalists have called on the government to fulfill its promise to strictly regulate crude palm oil (CPO) production to assure that the major export commodity is developed based on principals of sustainability.
The head of Australia's competition watchdog warned Monday that tough new regulation of tech giants like Google and Facebook was needed to protect the future of independent journalism.
A British departure from the European Union without a deal could put 600,000 jobs around the world at risk, with Germany the hardest hit, a study published Monday found.