The Business Times

International

China urges US to avoid ‘red lines’ after reaching trade truce

Under the agreement, the companies will operate a joint venture, with Boyu holding an interest of up to 60% in Starbucks’ retail operations in China.

Starbucks to sell control of China business to Boyu, aims for rapid growth

South Korean President Lee Jae Myung delivers the 2026 budget speech during a plenary session of the National Assembly in Seoul, South Korea, Nov 4, 2025.

South Korea to triple AI spending, boost defence budget

Former prime minister Mahathir Mohamad on Monday urged Anwar (above) and his Cabinet to resign, saying the trade deal made Malaysia a vassal state bound to US interests.

Malaysia defends US trade deal as concerns grow over sovereignty

The ST Group is one of Laos’ emerging private sector conglomerates

Laos’ politically linked conglomerates dominate its small economy

Cancelled flights are seen on a screen at Orlando International Airport in Orlando, Florida, Oct 30, 2025. The shutdown has forced 13,000 air traffic controllers and 50,000 Transportation Security Administration officers to work without pay and snarled tens of thousands of flights.

US travel group warns Congress of Thanksgiving chaos amid government shutdown

Malaysia’s currency is among the top performers in Asia this year after gaining about 6.4%

Malaysian ringgit nears one-year high on rate outlook, growth optimism

New orders dropped at the quickest pace in 20 months, driven by constrained client budgets and weak demand, the S&P PMI survey found.

Japan’s factory activity falls at fastest pace in 19 months, PMI shows

From self-made billionaires to scions of wealthy families, the movers and shakers of South-east Asia’s industries spearhead vast and varied business empires.

From coal to cemeteries: the top 10 billionaires in South-east Asia and the business empires they helm

Japanese companies have raised US$132 billion in foreign-currency bond and loan deals arranged by banks so far in 2025, up 56% from a year earlier.

Japan’s US$132 billion borrowing binge reshapes global credit

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