How booming Vietnam offers the US an alternative to China President Joe Biden is in Vietnam for a visit intended to deepen economic ties between Washington and Hanoi as part…
Economies
Oil prices drop 1% on fears of weaker demand
Oil prices drop 1% on fears of weaker demand HOUSTON :Oil prices settled down 1 per cent on Monday, after six straight weekly gains, as investors braced for weaker demand…
China FX regulator says will use policy measures to stabilise yuan expectations
China FX regulator says will use policy measures to stabilise yuan expectations BEIJING : China’s foreign exchange regulator said on Friday it will comprehensively use policy measures to stabilise market…
China’s fiscal revenue growth slows, signals broadening economic pressure
China’s fiscal revenue growth slows, signals broadening economic pressure Synopsis China’s fiscal revenue increased by 13.3% YoY in the first six months of 2021, compared to a 14.9% rise in…
Asia shares slip further as China casts a pall, dollar’s slide abates
Asia shares slip further as China casts a pall, dollar’s slide abates MSCI’s broadest index of Asia-Pacific shares outside Japan slipped 0.63% in the morning session. Asia shares slip further…
China using coercive business practices for economic advantage: US
China using coercive business practices for economic advantage: US The diplomatic relations between China and US have been downgraded since the Chinese spy balloon incident Chinese Communist Party is using…
Cheniere shunning Panama Canal for longer LNG routes to Asia
Cheniere shunning Panama Canal for longer LNG routes to Asia Top U.S. LNG exporter Cheniere Energy (LNG.A) is shunning the Panama Canal to transport liquefied natural gas to Asia because…
India now biggest source market for Sri Lanka tourism
India now biggest source market for Sri Lanka tourism Synopsis “India has been the biggest source market. Even going back in time, every time we have had a crisis, when…
Markets roar approval for embattled South Asian economies
Markets roar approval for embattled South Asian economies Optimism about a turnaround in crisis-ridden Sri Lanka and Pakistan saw stock gauges in both countries test their best intraday gains in…
MORNING BID EUROPE-China dampens the mood again
MORNING BID EUROPE-China dampens the mood again Yet news that Tesla and its main Chinese rival BYD racked up record deliveries of China-made electric vehicles in the second quarter suggests…
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