Business
Saigon Sentinel · Section
Markets, jobs, trade, and economic policy — including the small-business and entrepreneurship landscape for Vietnamese Americans.
- Business
Eddie Bauer to file for bankruptcy and close its North American stores
Outdoor apparel retailer Eddie Bauer is expected to shutter its North American stores as its retail operator prepares to file for bankruptcy protection.…
- Business
China bans hidden EV door handles following reports of fatal accidents
BEIJING — China will become the first country to ban hidden door handles on electric vehicles, following several fatal accidents that have sparked global safety concerns over the design popularized by Tesla.…
- Business
New San Diego health agency to bolster medical services in North County
SAN DIEGO — Palomar UCSD Health has appointed its first six-member board of directors, formalizing a joint powers agreement intended to stabilize the financial future of California’s largest public health district.…
- Business
Washington Post staff appeal to Jeff Bezos as massive layoffs loom
WASHINGTON — Staff at The Washington Post are bracing for significant job cuts that could fundamentally reshape the newsroom as owner Jeff Bezos remains silent on the paper's future.…
- Business
Dow cuts 4,500 jobs in pivot to AI as layoff wave continues
Dow Inc. plans to cut approximately 4,500 jobs as the chemical giant pivots toward artificial intelligence and automation to streamline its global operations.…
- Business
California housing market freezes: Sales hit historic lows despite slight price dip
The California housing market is showing signs of strain in early 2026 as homebuyer affordability remains out of reach across the state. Despite slight price declines, sales volume has plunged to near-record lows.…
- Business
Japan’s duty-free sales slump as Chinese tourists stay away
TOKYO — Major Japanese department stores reported a sharp decline in duty-free sales for January, as a continued absence of Chinese tourists fueled a prolonged slump in the country’s retail sector.…
- Business
BYD shares tumble, signaling deepening woes for China’s electric vehicle industry
HONG KONG – BYD shares plummeted to their lowest level in at least a year Monday, leading a broad sell-off of Chinese automakers following weak January sales and changes to government subsidy programs that have pressured…
- Business
Southwest Airlines to end signature open seating policy after 50 years
Southwest Airlines officially ended its 50-year tradition of open seating on Monday, transitioning to a system of assigned seat numbers beginning Tuesday.…
- Business
Kazakhstan Profile: Inside the Landlocked Giant of Central Asia
ASTANA, Kazakhstan — Kazakhstan stands as the world’s largest landlocked nation and the dominant economic engine of Central Asia, accounting for 60% of the region’s gross domestic product.…
- Business
Indonesia financial chiefs resign after $80 billion wiped off Jakarta stock market
JAKARTA, Indonesia — Top leaders of Indonesia’s financial regulatory body and its national stock exchange resigned Jan. 30 following an $80 billion market rout and mounting concerns over transparency.…
- Business
Polymarket Probed for Alleged Insider Trading Ahead of Israeli Attack on Iran
TEL AVIV – Israeli security officials have launched an investigation into an anonymous Polymarket user who won $128,000 after betting on Israeli military action against Iran just hours before a massive airstrike.…
- Business
Malaysia seizes two oil tankers worth nearly $130 million for suspected smuggling
PENANG, Malaysia — Malaysian authorities have seized two vessels carrying nearly $130 million worth of crude oil suspected of conducting an illegal ship-to-ship transfer off the coast of Penang.…
- Business
Indonesian markets plunge as Rupiah hits record low amid crisis of confidence
JAKARTA, Indonesia — The Indonesian stock market shed $80 billion in value this week as concerns over transparency and governance sparked a massive sell-off. The Jakarta Composite Index (JCI) plunged nearly 9% on Jan.…
- Business
Amazon cuts 16,000 more global jobs while UPS slashes 30,000 positions
Amazon announced it is cutting 16,000 jobs worldwide as part of a restructuring effort to streamline its operations. The move marks the second major round of layoffs for the e-commerce giant in three months, following a …
- Business
Johor-Singapore SEZ advances $25 billion vision despite leadership changes
KUALA LUMPUR, Malaysia – Malaysia and Singapore have reaffirmed the Johor-Singapore Special Economic Zone (JS-SEZ) as a central pillar of their bilateral economic relationship, according to a statement from the Malaysian…
- Business
Panama Supreme Court Voids Hong Kong Port Deal, Leaving Canal Future Uncertain
The Panama Supreme Court has voided major port contracts held by a subsidiary of Hong Kong-based CK Hutchison, a ruling that creates significant uncertainty over the ownership and operation of key facilities at the Panam…
- Business
Thailand unveils 'Disneyland' theme park plans, rules out a casino
BANGKOK — Thailand plans to transform its Eastern Economic Corridor (EEC) into a global tourism and entertainment hub featuring an international-scale theme park likened to a "Thai Disneyland," Transport Minister Phiphat…
- Business
Disney Taps Top Wall Street Analyst to Lead Strategy and Investor Relations
The Walt Disney Company has named Benjamin Swinburne as its new head of investor relations and corporate strategy, the company announced.…
- Business
Comcast’s Peacock hit by heavy sports losses as streaming competition intensifies
Comcast reported that its Peacock streaming service lost $552 million during the fourth quarter, a sharp increase from the $372 million loss recorded during the same period last year.…