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COVID-19 asian news

NORMAN GOH - AirAsia operator makes first annual profit since COVID pandemic - asia.nikkei.com -  Kuala Lumpur

AirAsia operator makes first annual profit since COVID pandemic

KUALA LUMPUR -- Capital A, the parent of budget airline AirAsia, reported on Thursday its first full-year profit since the COVID-19 pandemic struck four years ago thanks to strong travel and freight demand.

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Sheila Chiang - The rise and fall of Byju's, once a startup darling in India - cnbc.com - India - Netherlands

The rise and fall of Byju's, once a startup darling in India

Byju's, once India's most valuable startup, has seen a sharp reversal in its fortunes after a series of setbacks, including alleged accounting irregularities and purported mismanagement.

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Yun Li - Online trading platform Webull is set to go public via a $7.3 billion SPAC deal - cnbc.com - Usa - New York

Online trading platform Webull is set to go public via a $7.3 billion SPAC deal

Webull is planning to go public through merging with a special purpose acquisition company in a deal that values the digital investing platform at $7.3 billion.

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ZEN SOO - Paul Chan - Hong Kong lifts curbs on property market, to spend more on tourism - apnews.com - China - Hong Kong -  Hong Kong - Britain

Hong Kong lifts curbs on property market, to spend more on tourism

HONG KONG (AP) — Hong Kong’s government has lifted curbs on property deals after home prices fell to a seven-year low, adding to the Chinese territory’s woes.

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Joseph Sipalan - Malaysian central bank calls for higher forex inflows to boost ‘undervalued’ ringgit - scmp.com - Japan - China - Usa - Malaysia - Britain

Malaysian central bank calls for higher forex inflows to boost ‘undervalued’ ringgit

Bank Negara Malaysia (BNM) said it had stepped up engagements with government-linked investment corporations and companies, private corporations and investors “to encourage continuous inflows to the foreign exchange market”.

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Jordan Novet - Zoom shares jump as quarterly results beat on top and bottom lines - cnbc.com

Zoom shares jump as quarterly results beat on top and bottom lines

Zoom shares rose as much as 13% in extended trading on Monday after the video chat software vendor announced fiscal fourth-quarter results that topped analysts' expectations.

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JACK STONE TRUITT - Return of Chinese tourists still big question mark for U.S. hotels - asia.nikkei.com - China - New York

Return of Chinese tourists still big question mark for U.S. hotels

NEW YORK -- China's domestic tourism revival helped power earnings for the big global hotel groups last year, but the return of Chinese visitors to the U.S. remains well below pre-pandemic levels.

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Reuters - Singapore Airshow’s record numbers, China’s C919, raise hopes of post Covid-19 boom - scmp.com - China - Taiwan - Brunei - Singapore - Britain - Vietnam -  Singapore

Singapore Airshow’s record numbers, China’s C919, raise hopes of post Covid-19 boom

“‘Worst transport experience’: Crawling traffic, long waits for rides frustrate Singapore Airshow visitors”, ran a headline in local newspaper the Straits Times.

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