South Korea's Hyundai Motor has signed a deal to build a $1.5 billion car plant in Indonesia, the company said, its first in southeast Asia, where Japanese carmakers dominate the market.

German luxury carmaker Audi said Tuesday it planned to slash 9,500 jobs in Germany by 2025 as part of a massive overhaul to help finance a costly switch to electric vehicles.

The Republic of Korea has injected around US$ 150 million worth investment into Myanmar for construction of two industrial projects in Yangon and Bago Regions this fiscal year,

Shares in Chinese online retail giant Alibaba soared almost eight percent on their Hong Kong debut Tuesday, after raising at least $11 billion in the city's biggest IPO in nearly a decade.

THE   value   of   Myanmar’s   maritime  trade  for  the  period  between  1  October  and  15  November  in  the  2019-2020  fiscal  year  totaled  US$3.3  billion,  an  increase  of  over  $216  million  compared with the year-ago pe-riod, according to data provided by the Ministry of Commerce.