Asia News
China pledges $42 billion in a slew of measures to support the struggling property sector
China announced “historic” steps to stabilize the crisis-hit property sector on May 17, 2024, allowing local governments to buy “some” apartments, relaxing mortgage rules and pledging to deliver unfinished homes. Nurphoto | Nurphoto | Getty Images BEIJING — Chinese authorities on Friday pledged new support for state-owned enterprises to enable them to buy unsold apartments, […]
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Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon
Ai Tiecheng, Senior Vice President of NIO and President of ONVO, speaks during the press conference of ONVO, NIO’s new subsidiary brand, on May 15, 2024 in Shanghai, China. NIO launches its second brand ONVO and its first model L60 on May 15. Vcg | Visual China Group | Getty Images SHANGHAI — Chinese electric […]
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Baidu’s robotaxi unit expects to turn lucrative following year
A driverless robotaxi autonomous auto made by Baidu Apollo driving along a road in Beijing. Jade Gao | Afp | Getty Photos SHANGHAI — Chinese tech company Baidu reported Wednesday its Apollo Go robotaxi arm expects to flip successful up coming 12 months. The projection arrives as Elon Musk has emphasised his plans to develop […]
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I expended 18 months and $34,000 touring the planet but was burnt out and unhappy—this was my No. 1 blunder
In August 2022, I quit my dream job. Seeking to recover my burnout and uncover happiness over and above work, I expended a 12 months and a 50 percent — and $34,000 — discovering South The us and Asia. For the to start with quite a few months, I dashed via my bucket record places, […]
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Japan’s yen experienced a rollercoaster 7 days amid suspected intervention. This is what you require to know
An undated photographic illustration of Japanese yen and the U.S. greenback lender notes. Glowimages | Glowimages | Getty Photos The Japanese yen weakened to levels not seen in 34 years in opposition to the U.S. greenback on Monday, only to rebound and likely clock its finest week in a lot more than a calendar year. […]
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This is how substantially it costs to lease a 1-bed room apartment across 10 big towns in Asia
This is the median cost to hire a 1-bedroom throughout 10 towns in Asia. Fraser Hall | The Graphic Lender | Getty Photographs Leasing a position is a large monetary selection, specifically when picking to dwell in a main city in which selling price tags are especially hefty. The common rule of thumb is to […]
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Shares of Nio soar extra than 20% as EV deliveries far more than double in April
Nio’s ET5 stands on screen at the Central China International Auto Demonstrate on May perhaps 25, 2023, in Wuhan, China. Getty Photos | Getty Illustrations or photos Information | Getty Visuals Shares of Chinese electric car maker Nio Inc jumped 20% Thursday immediately after its auto deliveries far more than doubled in April. Hong Kong-outlined […]
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This spouse and children traveled for a calendar year. Right here are the biggest mistakes they designed
Life-shifting ordeals, unforgettable memories and wonderful pictures — these are items that arrive to brain when people feel of a year-very long family members journey. But there are also blunders driving the adventures, explained Margaret Bensfield Sullivan, recalling the year she spent abroad with her partner and two kids. From encountering piranhas in Brazil to […]
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Asia’s initial location bitcoin and ether ETFs debut in Hong Kong
Representations of cryptocurrency Bitcoin are put on a Computer system motherboard in this illustration taken June 16, 2023. Dado Ruvic | Reuters Hong Kong on Tuesday released 6 location bitcoin and ether trade traded money — getting the first in Asia to supply retail investors the capability to trade the cryptocurrencies at location price ranges. […]
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This modest town in France is offering a dwelling for 1 euro—applications are open, but there is a capture
For a few yrs now, nations all about the earth have long gone viral for advertising off abandoned or dilapidated homes for around $1 greenback — an generally symbolic price. The level of these strategies is to entice potential buyers and enable reverse shrinking populations. Cities in Italy have finished it numerous instances and now […]
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