Bloomberg The US Commerce Department announced it’s blacklisting Semiconductor Manufacturing International Corp (SMIC), drone maker SZ DJI Technology Co and more than 60 other Chinese companies “to protect US national security.” “This action stems from China’s military-civil fusion doctrine and evidence of activities between SMIC and entities of concern in the Chinese military industrial complex,” the Commerce Department said. Commerce ...

Bloomberg In balmy Singapore, a tiny island nation that sits almost directly on the equator, it’s usually flowers, meat and seafood that gets whipped away into SATS Ltd’s cool rooms upon landing at Changi Airport. Now one of the world’s biggest ground handlers is gearing up for a more vital task. Like cargo operators everywhere, SATS is preparing for the ...

Bloomberg The economic blow from coronavirus has wiped out 81 million jobs across Asia-Pacific this year, with women and young people disproportionately affected, according to the International Labour Organization (ILO). “Covid-19 has inflicted a hammer-blow on the region’s labour markets,” Chihoko Asada Miyakawa, the group’s regional director for Asia and the Pacific, said in a statement. “Low levels of social ...