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COVID-19 pandemic

Sluggish Shanghai office market gives tenants chance to bargain on rents, with landlords keen to attract or retain clients

by Anas Siddiqui
Sluggish Shanghai office market gives tenants chance to bargain on rents, with landlords keen to attract or retain clients

A weak office market in Shanghai is offering tenants the chance to strike lucrative leasing deals, allowing companies to save on rent amid a glut of new building supply and …

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Malaysia’s Capital A paves way for merger of AirAsia’s operations globally

by Walter Watson
Malaysia’s Capital A paves way for merger of AirAsia’s operations globally

Malaysia’s Capital A Berhad CAPI.KL said on Monday it intends to sell its aviation business to long-haul unit AirAsia X Bhd AIRX.KL, with a goal of consolidating both its long …

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China’s retail sales to weaken this year as falling home prices, jobs outlook feed consumer insecurity: UBS

by Anas Siddiqui
China’s retail sales to weaken this year as falling home prices, jobs outlook feed consumer insecurity: UBS

Falling home prices and fears about job prospects will deter Chinese consumers from freely spending on goods such as clothes and home appliances, weighing on the nation’s retail sales growth, …

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Will airfares come down this year? Yes, but just slightly say reports

by Franz Hernandez
Will airfares come down this year? Yes, but just slightly say reports

The airline industry’s dramatic climb from the depths of the pandemic may be ending soon. A review of multiple reports shows stabilization across several key metrics, as rapid growth ends …

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Carrefour pulls PepsiCo products from some shelves in Europe over price hikes

by Walter Watson
Carrefour pulls PepsiCo products from some shelves in Europe over price hikes

Global supermarket chain Carrefour will stop selling PepsiCo products in it stores in France, Belgium, Spain and Italy over price increases for popular items like Doritos, Lay’s potato chips, Quaker …

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Economy, Gaza war and China ties dominate

by Walter Watson
Economy, Gaza war and China ties dominate

Presidential candidates Anies Baswedan, Prabowo Subianto, and Ganjar Pranowo, along with their vice presidential candidates, are posing for photos after the first presidential candidate debate at the General Election Commission …

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Thai prime minister says visa-free policy for Chinese visitors to be made permanent in March

by Franz Hernandez
Thai prime minister says visa-free policy for Chinese visitors to be made permanent in March

BANGKOK — Thailand and China will soon implement visa-free entry for each other’s citizens, Thai Prime Minister Srettha Thavisin said Tuesday. Chinese nationals will be granted visa-free entry on a …

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Venice is limiting tourist groups to 25 people starting in June to protect the popular lagoon city

by Franz Hernandez
Venice is limiting tourist groups to 25 people starting in June to protect the popular lagoon city

MILAN — The Italian city of Venice announced new limits Saturday on the size of tourist groups, the latest move to reduce the pressure of mass tourism on the famed …

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New COVID variant JN.1 surges to 44% of cases, CDC estimates — even higher in New York, New Jersey

by Akin Smith
New COVID variant JN.1 surges to 44% of cases, CDC estimates — even higher in New York, New Jersey

The new COVID-19 variant that scientists call JN.1 now makes up about 44.1% of COVID-19 cases across the country, the Centers for Disease Control and Prevention estimated Friday, marking another …

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Who had it good — and who had it bad — in 2023

by Walter Watson
Who had it good — and who had it bad — in 2023

Curtis S. Chin, a former U.S. ambassador to the Asian Development Bank, is managing director of advisory firm RiverPeak Group. Jose B. Collazo is an analyst focusing on the Indo-Pacific …

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