Asia

Tobacco Tax U-Turn Burns $7 Billion Hole In ITC's Market Cap

ITC Ltd., Asia’s second-largest cigarette maker by value, plunged the most in 25 years after India surprised investors by raising levies on tobacco p...

Japan Retail Growth Slows As Wages Continue To Disappoint

Japan’s retail sales growth slowed in May compared to last year, signalling that consumers are still reluctant to open their wallets. Data Highlight...

India's Consumer Price Inflation Falls To Record Low

India’s inflation slowed to the lowest on record as food prices continued to soften, adding to expectations that the central bank will cut rates when...

China Wins From Global Trade Outlook As Imports Signal Strength

China’s overseas shipments accelerated from a year earlier in May, aided by more buoyant global demand, and robust imports signaled resilience in the...

China Spins A Worldwide Web Of Food From Mozambique To Missouri

Inside a gated compound patrolled by armed guards, hulking towers and concrete buildings loom over fields where Silva Muthemba once grew maize and fattened...

China's Economy Accelerates As Retail, Investment Pick Up

China’s economy accelerated for a second-straight quarter as investment picked up, retail sales rebounded and factory output strengthened amid robust...

Vietnam Tipped To Be Asia’s Fastest-Growing Covenience Market - IGD

Vietnam is forecast to be the fastest-growing convenience market in Asia by 2021, followed by the Philippines and Indonesia, according to new data released...

Tetra Pak Launches New Closure Facility In Asia

Packaging giant Tetra Pak has announced its plans to build a new closure plant for carton packaging at its Rayong site, in Thailand. The company will si...