BEIJING/BRUSSELS (BLOOMBERG) – Europe’s top business association pulled out of a meeting with a Beijing think tank after the Chinese side opposed the participation of two perceived China critics, a person familiar with the event said. The incident, which happened last month but only came to light now, casts a shadow over negotiations between China […]
SEOUL (REUTERS) – South Korean President Moon Jae-in on Thursday (Dec 10) urged citizens to work together towards a greener economy and vowed to support low-carbon technologies in an address aimed at rallying citizens behind his pledge to achieve net-zero emissions by 2050. Mr Moon was speaking after the release this week of a broad […]
BEIJING/SHANGHAI (Reuters) -Taking pride of place in 28-year-old Beijing lawyer Wu Ge’s bedroom are dozens of small figurines displayed on clear plastic shelves with designs ranging from cherubic dolls to characters from Japan’s Pokemon series. Wu estimates that she has spent over 5,000 yuan ($766) in the past three years buying the pieces from Chinese […]
BEIJING (AFP) – China on Thursday (Dec 10) said it had imposed fresh import duties on Australian wine as it accused Canberra of giving firms subsidies, in the latest salvo in a bitter stand-off following last month’s swingeing anti-dumping tariffs. The move comes as relations between both countries continue to sour after Australia called earlier […]
BEIJING (AFP) – China on Thursday (Dec 10) said it had imposed fresh import duties on Australian wine as it accused Canberra of giving firms subsidies, in the latest salvo in a bitter stand-off following last month’s swingeing anti-dumping tariffs. The move comes as relations between both countries continue to sour after Australia called earlier […]
SYDNEY (REUTERS) – Australia is seeking to boost demand for its cotton from countries such as Vietnam as tensions with China threaten to leave Canberra with large stockpiles, sources familiar with the plan said on Thursday (Dec 10). In October, Chinese cotton mills were ordered to stop buying Australian cotton, threatening a trade worth about […]
SINGAPORE – Some roles performed by human resource (HR) managers are at risk of being taken over by robots in near future, a study commissioned by the Ministry of Manpower and the Institute for Human Resource Professionals (IHRP) has found. Of the 27 HR roles that were analysed, 24 will be impacted by technology at […]
SINGAPORE (THE BUSINESS TIMES) – German aviation start-up Volocopter on Wednesday (Dec 9) announced its commitment to launch air taxi services in Singapore, following two years of “close collaboration” with the city. Volocopter’s emission-free aircraft takes off and lands vertically. Each autonomous electric drone can carry up to two passengers. In partnership with the Economic […]
(Reuters) – The New York state pension fund on Wednesday committed to help curb climate change by transitioning its investments to net-zero greenhouse gas emissions by 2040, making it the first pension fund to set the goal by that date. New York State Comptroller Thomas DiNapoli said the move will put the fund, the third […]
WARSAW/BUDAPEST (Reuters) – Poland and Hungary have provisionally accepted a European Union budget proposal from the bloc’s German presidency and are now awaiting further approval from the Netherlands and other sceptical member states, a Polish official said on Wednesday. Poland and Hungary have been blocking the 1.8 trillion euro ($2.18 trillion) 2021-2027 EU budget and […]