ASIA: Earlier this week, China’s premier, Li Keqiang, warned that the world’s second-largest economy could struggle to record positive growth in the current quarter. “We will try to make sure the economy grows in the second quarter,” he said. A weaker yuan would probably help China’s export and trade balance, it would also make it […]

ASIA: US President Joe Biden said he’ll review Trump-era tariffs imposed on imports from China amid growing calls from businesses to remove the levies, fueling a rally in the offshore yuan. Biden said he’s considering removing some of the tariffs and would talk with Treasury Secretary Janet Yellen about it after returning to the US […]

ASIA:   The major Asian stock markets had a negative day today: NIKKEI 225 decreased 253.38 points or -0.94% to 26,748.14 Shanghai decreased 75.93 points or -2.41% to 3,070.93 Hang Seng decreased 357.96 points or -1.75% to 20,112.10 ASX 200 decreased 20.10 points or -0.28% to 7,128.80 Kospi decreased 41.51 points or -1.57% to 2,605.87 […]

  ASIA: Southeast Asian nations are in store for a tougher trade environment as China’s economic growth slows due to hardline coronavirus controls, experts say, while the US attempts to boost engagement with the region are unlikely to offset falling demand. China’s economy is facing a number of headwinds – from new outbreaks to a […]

  ASIA: China is trying once again to lift the spirits of its huge tech industry after a bruising regulatory offensive that has weakened some of its biggest businesses at a time of stalling economic growth. In a rare public display of support for the private sector, Vice Premier Liu He said Tuesday that the […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 508.36 points or -1.89% to 26,402.84 Shanghai increased 10.99 points or 0.36% to 3,096.96 Hang Seng decreased 523.60 points or -2.54% to 20,120.68 ASX 200 decreased 118.20 points or -1.65% to 7,064.50 Kospi decreased 33.64 points or -1.28% to 2,592.34 […]

    ASIA:The major Asian stock markets had a mixed day today:• NIKKEI 225 increased 251.45 points or 0.94% to 26,911.20• Shanghai decreased 7.72 points or -0.25% to 3,085.98• Hang Seng increased 41.76 points or 0.20% to 20,644.28• ASX 200 increased 70.20 points or 0.99% to 7,182.70• Kospi increased 5.54 points or 0.21% to 2,625.98• […]

ASIA: The 2022 Asian Para Games that were scheduled to take place in the Chinese city of Hangzhou have been postponed due to the COVID-19 pandemic, the Asian Paralympic Committee (APC) and the Games’ organizing committee (HAPGOC) said on Tuesday. A taskforce formed by the two committees and the Chinese Paralympic Committee will work on […]

ASIA: India’s wheat export ban has trapped some 1.8 million tonnes of grain at ports, leaving traders facing heavy losses from the prospect of selling onto a weaker domestic market. India banned wheat exports on Saturday, just days after saying it was targeting record shipments of 10 million tonnes this year, as a scorching heatwave […]

ASIA: Sri Lanka’s main opposition party joined anti-government protesters on Friday in rejecting the appointment of a new prime minister and insisted the president resign to take responsibility for the country’s disastrous economic crisis. President Gotabaya Rajapaksa appointed five-time prime minister Ranil Wickremesinghe to his sixth term. Protesters said the appointment of Wickremesinghe will do […]