Qantas to exit Vietnam joint venture amid coronavirus slump

Linda J. Dodson

HANOI — Australian flag carrier Qantas Airways said Monday that it is leaving its joint venture with Vietnam Airlines amid growing headwinds from the coronavirus outbreak. Qantas currently owns 30% of Vietnamese budget carrier Jetstar Pacific Airlines. Sources familiar with the matter say the Australian carrier is in talks to sell the […]

Hong Kong hedge funds eye exit as national security law looms

Linda J. Dodson

HONG KONG (Financial Times) — Hong Kong-based hedge funds are considering uprooting their operations as China prepares to impose sweeping national security legislation on the Asian financial hub. Fund managers and traders in the former British colony are expressing concerns that the industry could find itself in Beijing’s crosshairs, after […]

Indian automakers rev up factories and incentives to exit slump

Linda J. Dodson

TOKYO — India’s major automakers have restarted factories that had been shut down since late March, taking a step toward rousing Asia’s third-largest economy out of its coronavirus-induced stupor. Tata Motors says it recently resumed production at its plant in the eastern state of Jharkhand. The automotive arm of Tata Group, one of India’s […]

Hongkongers plot exit under shadow of security law

Linda J. Dodson

HONG KONG/TAIPEI — A growing number of Hongkongers look to pack their bags and leave after China’s passage of national security legislation for the territory, raising concern over whether it can remain a financial hub if it cannot attract top talent. “Inquiries have tripled or quadrupled since the national security […]