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AB InBev posts record sales in 2024 despite beer volumes slipping
Hong Kong to slash public spending, civil service jobs
Hong Kong to slash public spending, civil service jobs

Hong Kong's finance chief unveiled a "belt-tightening" budget on Wednesday that aimed to end the city's string of record-high deficits by 2028 while seeking growth in areas such as artificial intelligence.

February 26, 2025

RECENT NEWS

Taiwan sends forces in response to China 'live-fire' drills off island
Taiwan sends forces in response to China 'live-fire' drills off island

Taiwan sent forces on Wednesday in response to China's "live-fire" drills off the self-ruled island, Taipei's defence ministry said, condemning the exercises as dangerous.

February 26, 2025

Aston Martin cuts jobs as weak China demand weighs
Aston Martin cuts jobs as weak China demand weighs

Aston Martin Lagonda announced Wednesday it would cut about five percent of its workforce as weak Chinese demand contributed to losses widening at the luxury car group last year.

February 26, 2025

Erosion of multilateralism threatens global stability: S.Africa leader
Erosion of multilateralism threatens global stability: S.Africa leader

The erosion of multilateralism threatens global growth and stability, President Cyril Ramaphosa warned Wednesday at a G20 finance meeting in South Africa marked by the absence of the US Treasury secretary.

February 26, 2025

RECENT NEWS

Indonesia agrees deal with Apple that could end iPhone sales ban: reports
Indonesia agrees deal with Apple that could end iPhone sales ban: reports

Indonesia has struck a deal with Apple for the tech giant to invest in the country, local media reported a minister as saying Wednesday, in a move that could end a ban on iPhone 16 sales in Southeast Asia's biggest economy.

February 26, 2025

RECENT NEWS

Hong Kong to slash public spending, build AI institute
Hong Kong to slash public spending, build AI institute

Hong Kong will cut public spending and restore fiscal balance by mid-2027 after a string of huge deficits, the city's finance chief said Wednesday as he unveiled growth plans including an artificial intelligence institute.

February 26, 2025