Shanghai suspends schools, flights as typhoon approaches China By Reuters

SHANGHAI (Reuters) – Authorities in Shanghai and neighboring coastal areas have canceled flights and suspended schools, subways and trains as Typhoon Chanthu nears China after flooding Taiwan with little damage…

Japanese Vaccine Minister Kono preferred as next prime minister in opinion polls By Reuters

© Reuters. FILE PHOTO: Taro Kono, head of Japan’s immunization program and ruling Liberal Democratic Party (LDP) lawmaker, attends a press conference as he announces his candidacy for the party’s…

Carlyle plans $ 6 billion sale or IPO for Novolex

© Reuters. FILE PHOTO: A general view of the lobby in front of the Carlyle Group offices in Washington, May 3, 2012. REUTERS / Jonathan Ernst / File Photo (Reuters)…

Asian stocks drop as risk of slowing COVID-19 recovery increases By Investing.com

© Reuters. By Gina Lee Investing.com – Asia-Pacific stocks were mostly down Monday morning as investors calculated the risk of a slower economic recovery from COVID-19 amid high inflation. Japan…

City Lodge losses escalate but CEO hopes worst pandemic is over

The JSE-listed City Lodge Hotel Group expects some easing from the severe Covid-19 storm that has rocked the hotel and hospitality industry for the past 18 months or so. City…

China plans more than $ 11 billion in rail construction in the Yangtze River Delta this year

SHANGHAI (Reuters) – China’s investment in building railroads in the Yangtze River Delta region is expected to exceed 75 billion yuan ($ 11.64 billion) this year, the Shanghai Securities News…

Filipinos consider prospect of “Duterte-Duterte” administration

The Philippines has seen its share of political dynasties, including two presidents who shared the Aquino surname. As the race to succeed Rodrigo Duterte as president intensifies, Filipinos are speculating…

Asia-Pacific stocks fall after back-to-back Wall Street losses

CNBC Pro Stock Selections and Investment Trends: For the week, the US consumer price index for August is expected to be released on Tuesday, while US retail sales figures are…

Imperial Logistics: minority shareholders unhappy with DP World takeover offer

Some minority shareholders of Imperial Logistics are disappointed with the value of offering Dubai-based global supply chain solutions provider DP World to acquire all of the outstanding shares of the…

ViacomCBS to restructure Paramount Pictures

© Reuters. FILE PHOTO: Visitors walk through the Paramount Pictures booth during the annual MIPCOM TV Show Market in Cannes, France, October 15, 2018. REUTERS / Eric Gaillard (Reuters) –…