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February, 27, 2017

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Business > Asia
State-run oil giant taps China's vast geothermal reserves
Chinese state-run energy giant Sinopec has drilled hundreds of wells across the country without finding a single drop of oil. But that was precisely the point: instead of black gold, the almost mile deep holes are providing clean heat for local homes.
 
China calls for greater bourse regulation
China needs to do more to stop risky behavior in its stock market, a regulator said Sunday, following a 2015 collapse in share prices and complaints investors are engaged in a dangerous new round of speculative buying.
 
Why can't young people stay in a job?
Vin sometimes eats dogfood for money -- but that's not the only way he differs from your average millennial.
 
Asian markets struggled Thursday as investors put the brakes on a Trump rally that has inflated global stocks, while Japanese car giant Nissan fell after Carlos Ghosn, the man considered its savior, stepped down as CEO.
 
Apple tops Taiwan's smartphone sales in January
Apple Inc. was the top smartphone vendor in Taiwan in terms of both sales volume and value for the fifth consecutive month in January, industry sources said Wednesday.
 
Former EVA Air chair seeks return to the skies
Former chair of EVA Air Chang Kuo-wei (張國煒) intends to launch a new airline this year, including plans to purchase 10 new aircraft, according to local reports.
 
Japan logged its first trade deficit in five months in January, official data showed Monday, as higher energy prices overwhelmed slower growth in exports due to the lunar new year.
 
Backbone of India
Indian women laborers work at a brick kiln on the outskirts of Gauhati, India, Saturday, Feb. 18. Laborers who work at the brick kiln earn 250 rupees (US$3.5) a day.
 
Power boss's reforms keep the lights on in Nepal
The continuous whirl of hair dryers is a novel sound at the Blush Beauty Point parlor in Nepal's capital Kathmandu, which until just five months ago had to close at regular intervals because of power cuts.
 
Hard road ahead
In this Feb. 12 photo provided by the International Federation of Red Cross and Red Crescent Societies, Mongolian herder Munkhbat Bazarragchaa drags two recently dead sheep through the snow in a rural area of Khuvsgul province in northern Mongolia.
 
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