Hong Kong stocks extend sell-off, China shares languish near 5-year lows
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This is CNBC's live blog covering Asia-Pacific markets.
A woman who brainwashed her “spiritual” followers into believing she was a deity and subjected them to cruel punishments for disobedience, including being forced to eat faeces and having their teeth pulled out, was sentenced to jail on Wednesday.
The collision created a rupture in one of the oil cargo tanks on Marine Honor, which caused low-sulphur fuel oil to leak into the sea, the Maritime and Port Authority of Singapore, National Environment Agency, National Parks Board and Sentosa Development Corporation said in a joint statement on Sunday.
“This meant that they had been benefiting from our diesel subsidies for decades. Not only them, there were foreign fishermen and others at the country’s borders making use of our subsidies.”
Asia's biggest financial hubs have once again clinched the top spots for being the costliest cities for international workers to live in, according to Mercer.
SINGAPORE -- Singapore-based commodity firms as well as energy companies from Thailand and Indonesia were among Southeast Asia's largest companies by revenue, according to a first regional edition of the Fortune 500 List, released on Tuesday.
Malaysia is emerging as a data center powerhouse in Southeast Asia and the continent more broadly as demand surges for cloud computing and artificial intelligence.
At a time when global house prices are rebounding, the luxury market in Manila is going gangbusters. According to a Knight Frank index of prime residential prices in 100 cities across the world, the Philippine capital recorded the fastest growth last year. Prices grew a staggering 26.3 per cent, even outpacing Dubai. Manila also held the top spot in the first quarter of this year.