Southeast Asia will face a “big risk” of social unrest if there are “big surges” in food prices, an ASEAN economist at Bank of America Securities told CNBC. That’s because, … We can probably all…
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China’s coal imports increased by 43 percent in April compared to March
China’s finance ministry has reduced import duties on all types of coal to zero from May 1, 2022, to March 31, 2023, in an effort to assure energy security in the face of rising world…
China’s central bank to ramp up policy support for businesses, real economy: official
China’s central bank will readjust its monetary policy to expand support for the real economy to stabilize market entities, prices, employment and public expectations, in order to achieve the nation’s …
Asian stocks retreat as China’s lockdowns stir recession worries
There was no let up in China’s zero-COVID policy with Shanghai tightening the … “The Fed is not the only central bank facing inflation pressures. Increasingly, the guidance from the ECB is becoming …
Small businesses find relief in inclusive finance
[Photo/Xinhua] CHONGQING－As small enterprises in China grapple with the impact of the COVID-19 pandemic, inclusive finance is running full steam to provide a cushion for cash-strapped companies to …
New China Home Sales Tumble 33% Over Holidays: Evergrande Update
Most Read from Bloomberg EU Push to Ban Russian Oil Is Stalled by Hungarian Demands Abortion-Rights Protest Targets Homes of Kavanaugh, Roberts Saudis Cut Oil Prices from Record Highs Amid China …
Britain’s biggest bank is caught in the U.S.-China crossfire
For years, HSBC Holdings Plc and Ping An Insurance Group Co. enjoyed a cozy relationship, from the turns they took financially backing each other to the easy rapport between …
JPMorgan bank says bull run in commodities has legs as inflation, China lockdowns whipsaw stock investors
JPMorgan Private Bank favours a basket of soft and hard commodities with prediction for 10-15 per cent upside over the next 12 months The mix of price drivers – from pullback in capital spending to…
Sri Lanka in talks with Beijing-backed bank for $100 million emergency aid
Finance Minister Ali Sabry stated that hit hard by the pandemic, rising oil prices and populist tax cuts by the government of President Gotabaya Rajapaksa, the South Asian island’s economy is in …
China: two financial journalists sentenced to jail terms
RSF urges Chinese authorities to release two financial journalists sentenced last month to jail terms for the simple act of revealing the existence of an investigation against the chairman of Yili …
Sri Lanka in talks for US$100m emergency funding from Beijing-backed bank
The China-backed Asian Infrastructure Investment Bank is considering granting US$100 million (RM437 million) in emergency support to Sri Lanka, the country’s finance ministry said today. Sri Lanka has …
Sri Lanka in talks for $100 million emergency funding from Beijing-backed bank
The Asian Infrastructure Investment Bank is considering granting $100 million in emergency support to Sri Lanka, the country’s finance ministry said on Sunday. Hit hard by the pandemic, rising oil …
Saudis Cut Oil Prices from Record Highs Amid China Lockdowns
Saudi Arabia cut oil prices for buyers in Asia as coronavirus lockdowns in China weigh on demand, countering uncertainty around Russia’s supplies as the Ukraine war drags on.Most Read from …
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