China should shift stimulus to consumption, ease residency curbs -PBOC adviser
BEIJING China should shift the focus of its stimulus from investment to consumption and further loosen urban residency
2023-07-10 12:57
Kuwait’s $700 Billion Wealth Fund Is Being Eclipsed by Ambitious Neighbors
As Middle Eastern sovereign wealth funds emerge as the go-to investors for some of the biggest deals, the
2023-07-10 12:49
Stock market today: Asian shares are mixed on signs of slowing growth in the US and China
Asian shares have begun the week with mixed trading
2023-07-10 12:18
Rio Tinto Says China’s Economy Faces a ‘Big Real Estate Issue’
Miner Rio Tinto Group sees a host of near-term economic challenges in China, including in the country’s real
2023-07-10 12:17
SVB Financial sues US FDIC to recover $1.93 billion
SVB Financial Group, which formerly owned bankrupt Silicon Valley Bank has sued the U.S. Federal Deposit Insurance (FDIC)Corporation
2023-07-10 11:52
Tech rally helps Hong Kong lead most Asia markets higher
Hong Kong led gains in most Asian markets Monday on hopes China has ended its long-running crackdown on the tech sector after imposing huge fines on the...
2023-07-10 11:27
South Korean shoppers hoard salt and seafood ahead of Japan's release of radioactive water
In many supermarkets across South Korea, one item has conspicuously vanished from shelves: salt.
2023-07-10 11:26
Vietnam Orders Netflix to Remove Chinese TV Drama Over Disputed Map
Netflix Inc. and FPT Telecom stopped offering the Chinese romantic TV drama Flight to You in Vietnam after
2023-07-10 11:16
Dollar softens, China's yuan draws support from stimulus hopes
By Rae Wee SINGAPORE The dollar was on the defensive on Monday as investors scaled back expectations over
2023-07-10 10:52
China mutual funds cut fees as regulator targets $3.7 trillion sector
SHANGHAI/SINGAPORE (Reuters) -More than a dozen major mutual fund companies in China cut fees in roughly 1,500 fund products on
2023-07-10 10:47
Hong Kong Mortgage Easing Is Cold Comfort to Buyers With High Rates
Hong Kong’s relaxation of residential mortgage rules may do little to spur demand from homebuyers who remain deterred
2023-07-10 10:46
Banks to Brighten India Company Earnings Amid IT Uncertainties
Banks and consumer companies are expected to drive first-quarter earnings in India boosted by accelerating economic activity, easing
2023-07-10 10:21