The Shanghai branch of the Communist Party newspaper, People’s Daily, on Feb. 27, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — In China, tightly controlled coverage of Ru...
Tag: Asia Economy
China refuses to call attack on Ukraine an ‘invasion,’ blames U.S.
Russia’s President Vladimir Putin is seen in his office in the Novo-Ogaryovo residence during a bilateral meeting with China’s President Xi Jinping via a video call in Dec. 2021. Mikhail M...
Moody’s downgrades China property developer Shimao over debt troubles
Signage at the Intercontinental Shanghai Wonderland Hotel, developed by Shimao Group Holdings, in Shanghai, China, on Feb. 9, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Moody’s downgr...
Hong Kong’s omicron spike tests its zero-Covid approach
On February 16, 2022, patients lie in hospital beds waiting for medical treatment in a temporary holding area outside Caritas Medical Center in Hong Kong. Leung Man Hei | Nurphoto | Getty Images Lam h...
Air rage during the pandemic – where it is and isn’t happening
The videos light up social media and dominate news headlines. From verbal confrontations to all-out brawls, scenes of airplane passengers behaving badly have become increasingly familiar in Covid-era ...
China’s finance ministry on tax breaks, spending on homegrown tech
A worker in a dust-proof suit controls an LED epitaxy chip production line at a semiconductor workshop in Nanchang, Jiangxi Province, on Jan. 26, 2022. Future Publishing | Future Publishing | Getty Im...
Singapore hopes to ease Covid measures after omicron peaks: Lawrence Wong
SINGAPORE — Singapore’s Finance Minister Lawrence Wong said the country is “quietly confident” about handling the highly transmissible omicron variant, despite the recent surge in Co...
New Covid wave in Indonesia puts China’s Sinovac to the test
Indonesian Red Cross officers spray disinfectant at the Pondok Bambu residential area in Jakarta, Indonesia on February 10, 2022. This action as an effort to suppress the omicron variant of the corona...
Hong Kong expert on healthcare system amid surging Covid cases
Patients lie in hospital beds waiting for medical treatment at a temporary shelter outside the Caritas Medical Center in Hong Kong, China, on February 16, 2022. Leung Man Hei | NurPhoto | Getty Images...
Xi calls for more tech laws, signals more regulation ahead
The Great Hall of the People is seen after the closing meeting of the fourth session of the 13th National People’s Congress (NPC) on March 11, 2021 in Beijing, China. VCG | Visual China Group | ...
Global investors buy more mainland Chinese stocks
A public screen displays the Shenzhen Stock Exchange and the Hang Seng Index figures in Shanghai, China, on Monday, Feb. 7, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — International investor...
Singapore to waive quarantine for all vaccinated travelers post-omicron
The transit hall of Changi International Airport in Singapore on Jan. 12, 2022. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore intends to allow vaccinated visitors from all countries to skip...
Moderna CEO says it’s ‘reasonable’ to think pandemic may be in its final stages
Moderna’s CEO Stephane Bancel said it’s “reasonable” to assume that we may be approaching the final stages of the pandemic. “I think that is a reasonable scenario,”...
Goldman, Bernstein, BlackRock are bullish on China stocks
A men wearing a mask walk at the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China, as the country is hit by an outbreak of a new coronavirus, February 3, 2020. Aly ...
central bank governor on inflation, tourism recovery
Inflation in Thailand will largely be “contained” because the price pressures in the country are not as broad-based compared to some developed markets, said the governor of Bank of Thailan...
DBS CEO Piyush Gupta on fourth-quarter earnings, shareholder dividends
Singapore’s largest lender DBS Group reported a record full-year profit for 2021, and its CEO Piyush Gupta told CNBC last year was “one of the best years” he’s seen. “Tha...
CLSA assesses the impact of rates on SoftBank’s investment strategy
The current interest rate environment could favor Japanese conglomerate SoftBank Group’s strategy of long-term investing as it looks to buy earlier stage tech companies at lower valuations, acco...
Australia, New Zealand, Bali, Malaysia, Philippines reopen for travel
Another day — another border reopens. In the past two weeks, a slew of countries announced plans to reopen or relax border restrictions. This includes places that have maintained some of the str...
China’s holiday box office plunges theaters raise movie ticket prices
Moviegoers line up in front of promotional posters for Chinese Lunar New Year films in Shanghai on Feb. 1, 2022. Costfoto | Future Publishing | Getty Images BEIJING — Chinese consumer spending on movi...
Asia grapples with high underinsurance amid rise in climate disasters
Rescuers evacuate stranded people in the waterlogged urban area of Weihui City in Xinxiang, central China’s Henan Province, July 27, 2021. Li An | Xinhua News Agency | Getty Images The flooding ...
China’s Covid lockdown rules send prices higher
Freeman H. Shen, Founder, Chairman & CEO of WM Motor, speaks during Fireside Chat on Day 2 of CNBC East Tech West at LN Garden Hotel Nansha Guangzhou on November 28, 2018 in Nansha, Guangzhou, Chi...
IMF sees potential for further market turbulence as central banks hike rates
The International Monetary Fund has warned of further turbulence ahead for financial markets, particularly as governments around the world shift gears into recovery mode. Central banks’ moves to...
what it means for investors, start-ups
Traders work during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters BEIJING — Inv...
Singapore says it’s ready for 2022 travel demand when it returns
There are “encouraging signs of recovery” in Singapore’s tourism sector, according to the Singapore Tourism Board. Visitor arrivals reached 330,000 and tourism receipts reached an es...
A food guide to the Thai capital
Bangkok revels in its status as a culinary mecca. From wizened street vendors who perform alchemy with sizzling woks to whiz-kid chefs who are shaping the fine dining scene, the city lays claim to one...
Students allowed despite Covid policies
Prime Minister Scott Morrison on Wednesday announced Australia will refund visa fees for vaccinated backpackers who arrive within the next three months. The country — whose tight, pandemic border poli...
Genting Hong Kong files for liquidation amid German lawsuit
The Hong Kong skyline from on board the Genting Cruise Lines Genting Dream while berthed in Hong Kong on Wednesday, July 28, 2021. Lam Yik | Bloomberg | Getty Images Cruise operator Genting Hong Kong ...