Asia
8 stories related to this topic, newest first.
Samsung Electronics Hits $1 Trillion Market Value
Samsung Electronics hit a $1 trillion market valuation on May 6, 2026, after shares rallied 11% early in the session. The South Korean company became the second Asian firm to reach the milestone after Taiwan Semiconductor Manufacturing Co. Booming demand for artificial intelligen…
Goldfinch International and Fablemill Form Strategic Advisory Partnership for Creative Economies
Goldfinch International and Fablemill announced a strategic partnership on May 5, 2026, focused on advising governments and investors in MENA, Asia, and Africa. The platform covers policy design, investment advisory, enterprise development, and market support. It leverages Goldfi…
ibtimes.co.ukChina Allows State-Owned Refiners to Export Limited Fuels to Asian Customers
China has permitted state-owned refiners to export some gasoline, diesel, and jet fuel to select regular customers in Asia. This move indicates an easing of a previous ban on such shipments. The development affects fuel exports from the country.
user:Atsasebo / Wikimedia (CC BY-SA 3.0)Tanker Arrival in Asia Highlights Ongoing Crude Oil Shortages
A tanker arrival in Asia has drawn significant media attention due to persistent crude oil shortages in the region. This unusual focus on a routine shipment underscores the severity of supply constraints. Energy analysts are monitoring the situation for potential effects on globa…
en.antaranews.com6th Asian Beach Games Begin in China's Sanya with 45 Delegations, Following Two COVID-Related Postponements
The 6th Asian Beach Games commenced on April 23, 2026, in Sanya, China, following delays due to the COVID-19 pandemic. Chinese State Councilor Shen Yiqin declared the event open during a seaside ceremony. The games feature 14 sports and draw around 10,000 participants, including…
Vietnamese Ride-Hailing Company Plans IPO in Second Half of 2028
A Vietnamese ride-hailing taxi company intends to launch an initial public offering in the latter part of 2028, as announced by its founder. The company is owned by Pham Nhat Vuong, identified as Vietnam's richest man. No details on the exchange or expected valuation were disclos…
Mercuria Energy Plans to Raise at Least $200 Million in Asia Financing
Mercuria Energy is seeking at least $200 million in financing from Asia amid rising costs from the Iran war. Commodity traders are turning to alternative funding sources. The move reflects broader challenges in purchasing cargoes due to the conflict.
British Airways Adjusts Flight Routes by Reducing Middle East Services and Expanding Asia and Africa Operations
British Airways has announced reductions in flights to the Middle East while planning increases to destinations in Asia and Africa. A spokesperson confirmed the changes, which reflect shifts in regional demand and operational priorities. The adjustments aim to optimize the airlin…