Asia Economy
China demands to tackle slowing advancement more aggressively, fund supervisor suggests
Policymakers in China have to be “a lot more intense” in supporting the financial state just before marketplaces can be certain that development will boost, in accordance to just one portfolio manager. Mary Nicola of PineBridge Investments claimed growing charges and scorching warmth in China, which led to ability rationing in some pieces of the […]
Read More
Singapore says non-fully vaccinated travelers don’t need quarantine from Monday
People sit outside a bar at Emily Hill in Singapore, on Monday, Aug. 22, 2022. Ore Huiying | Bloomberg | Getty Images SINGAPORE — Singapore is set to allow non-fully vaccinated travelers to skip quarantine on arrival starting Monday, authorities announced Wednesday. Visitors who are not fully vaccinated will still be required to test negative […]
Read More
Asia-Pacific markets increase following Wall Avenue continued its slide
Morgan Stanley claims the ‘smart’ EV business is tech’s subsequent major issue. Here are its best inventory picks Morgan Stanley states tech supply chains are about to encounter development in the following significant matter: good tech characteristics — from EV batteries to chips and self-driving tech. The expenditure financial institution named its top inventory picks […]
Read More
China’s $89 billion e-commerce big JD.com posts slowest quarterly expansion on record
Chinese technological know-how companies including JD.com are dealing with headwinds from China’s Covid lockdowns and subsequent economic affect as very well as the country’s tighter regulatory natural environment for technologies companies. Qilai Shen | Bloomberg | Getty Photos JD.com defeat top and base line expectations in the next quarter, but posted its slowest 12 months-on-yr […]
Read More
Tightening hazards loom as Singapore posts headline inflation of 7%
Singapore’s Central Business District on Thursday, 21 July, 2022. Singapore’s essential customer price gauge rose in July at its quickest rate in additional than 13 decades, generally driven by bigger inflation for meals, electrical energy and gas, formal details showed on Tuesday. Joseph Nair | Nurphoto | Getty Images Singapore’s crucial customer rate gauge in […]
Read More
Once high-flying Chinese tech giants are now looking to scale back costs
Alibaba has faced progress troubles amid regulatory tightening on China’s domestic know-how sector and a slowdown in the world’s 2nd-biggest financial system. But analysts think the e-commerce giant’s advancement could decide up by the relaxation of 2022. Kuang Da | Jiemian Information | VCG | Getty Photographs Chinese tech giants Alibaba and Tencent normally speak […]
Read More
U.S., Taiwan to start formal trade talks under new initiative
This photo taken on August 11, 2022 shows Taiwanese flags on a street lane as tourists walk past in Taiwan’s Kinmen islands. The United States and Taiwan on Wednesday agreed to start trade talks under a new initiative, saying they wanted to reach agreements with “economically meaningful outcomes,” in another sign of stepped up U.S. […]
Read More
U.S. Navy is seeing more ‘unsafe’ aerial intercepts by China, says Seventh Fleet commander
U.S. Navy P-8 Poseidon aircraft. Nurphoto | Nurphoto | Getty Images SINGAPORE — The commander of the U.S. Seventh Fleet said on Tuesday that he’s seen an increase in “unsafe” aerial intercepts by the Chinese military in the South China Sea region. As recently as May, a Chinese fighter aircraft allegedly intercepted a Royal Australian […]
Read More
Here’s why Indians have the highest confidence to travel in Asia-Pacific
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email In a new survey of 11,000 people in Asia-Pacific by Booking.com, Indian respondents far exceeded regional averages in terms of their likelihood to travel and their willingness to accept travel disruptions and delays, CNBC’s Monica Pitrelli reports. Source
Read More
Huawei’s second quarter revenue rises slightly from a year ago
Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly increase in revenue since 2020. Pictured here on July 8, 2022, is a Huawei flagship store in Shenzhen, Guangdong province of China. Jade Gao | Afp | Getty Images BEIJING — Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly […]
Read More