Wall Street Journal moves Asia HQ from Hong Kong to Singapore, resulting in layoffs

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WASHINGTON: The Wall Street Journal (WSJ) will shift its Asia headquarters from Hong Kong to Singapore, it said on Thursday (May 2) in a letter sent to staff and seen by AFP.

Copies of The Wall Street Journal newspaper are displayed for sale at a newsstand in New York City, US on Sep 21, 2023. WASHINGTON: The Wall Street Journal will shift its Asia headquarters from Hong Kong to Singapore, it said on Thursday in a letter sent to staff and seen by AFP.

Announcing changes to the WSJ's Asia operations, Tucker wrote:"Some of these changes are structural: We are bringing together our business, finance and economics coverage. Some are geographic: We are shifting our center of gravity in the region from Hong Kong to Singapore, as many of the companies we cover have done."

Elsewhere in the region, the WSJ also has bureaus in Tokyo, New Delhi, Hong Kong, Beijing, Seoul, Taiwan and Sydney.

 

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