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HONG KONG -- A trust arm under Ping An Insurance has acknowledged its failure to make an overdue payment on a product invested in a project by a Hong Kong-listed Chinese property developer, signaling that the country's real estate downturn is taking a toll on the broader financial sector.
Vietnam aims to start building two high-speed railway lines linking its capital Hanoi with China before 2030, the Ministry of Planning and Investment said, another sign of a recent warming of ties between the two Communist-ruled neighbors.
Defense Secretary Lloyd Austin on Tuesday said the U.S. has seen no evidence that Israel has committed genocide during its military operations against Hamas in Gaza.
SEOUL -- About three-quarters of the roughly 27,000 members of five Samsung Electronics unions have voted in favor of a potential strike against the company after talks with management over pay increases collapsed.
South Koreans are heading to the polls today to select a new Parliament after a particularly fraught campaign. The general election, the first since President Yoon Suk-yeol won the presidency in 2022, is seen as a midterm referendum on his leadership.
SEOUL -- Polls opened Wednesday in pivotal legislative elections in South Korea, as voters cast ballots in what will serve as an assessment of the administration of conservative President Yoon Suk Yeol, who is struggling with unpopularity, near the halfway mark of his single five-year term.
TOKYO -- The global wheat market has been hit by Chinese buyers cancelling major shipments, seemingly in an attempt to secure better prices and bolster the country's food security.
Majority of the residents in Singapore are bullish about where the economy is headed and confident that the government will be able to support them during their retirement.