SoftBank posts $6.2 billion quarterly loss as WeWork collapse, tech slump drag bottom line
SoftBank posted an investment gain on its Vision Fund in the fiscal second quarter but booked another quarterly loss.
South Korea is battling a bedbug outbreak as cases climb
South Korea’s government is launching a four-week-long campaign to carry out inspections and implement pest control measures at “vulnerable” public facilities.
A new ranking shows the best luxury hotel brands in the world
The members-only Luxury Travel Intelligence ranked Mandarin Oriental the No. 1 luxury hotel brand in 2023, followed by Oetker, Auberge, Six Senses and Aman.
China’s consumer prices swing to declines in October
China’s consumer prices decline in October, as the world’s second-largest economy struggles with sluggish post-Covid recovery.
Apple co-founder hospitalized in Mexico due to possible stroke, local media reports
Apple co-founder Steve Wozniak was hospitalized in Mexico City on Wednesday due to a possible stroke, local media outlets reported.
Laos is spiraling toward a debt crisis as China looms large
An alarming debt crisis has unfolded in Laos in recent years, raising worries about the nation’s obligation to its biggest creditor, China.
Asia-Pacific will see the biggest jump in real salary next year. Here are the top performers
Employees in Asia-Pacific are predicted to receive the biggest real pay increase in 2024, according to ECA International.
‘Golden opportunity’: Morgan Stanley says it’s a good time to buy gold stocks — and names its top global picks
The investment bank gave one stock about 37% upside.
Want 8% yield? Buy ‘fallen angels’ in the U.S. bond market, BNP Paribas says
Its global CIO says such bonds have a much lower default risk than typical high-yield bonds. Here are some top-rated funds and ETFs, according to Morningstar.
SAG-AFTRA actors’ union reaches tentative labor agreement with Hollywood studios
Hollywood’s actors and studios have a preliminary labor agreement.
