Stock Market Today: Asian Stocks Decline After US Inflation Edges Higher Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global…
Economy & Policy
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’s July exports tumble by double digits, adding to pressure to shore up flagging economy
China’s July exports tumble by double digits, adding to pressure to shore up flagging economy Synopsis China’s exports dropped by 14.5% YoY in July, to $281.8bn, driven by a substantial…
Sri Lanka – India business networking event forges new collaborations
Sri Lanka – India business networking event forges new collaborations Aug 07, Colombo: Enhancing bilateral relations and leveraging opportunities for investment were among the focus points of a Business Networking…
Investors bet on state-backed developers as Chinese property begins recovery
Investors bet on state-backed developers as Chinese property begins recovery SHANGHAI/HONG KONG, Aug 8 (Reuters) – Investors betting on recovery in China’s battered property sector are favouring the stocks and…
Funding circularity: Investing in Asia’s circular economy business models
Funding circularity: Investing in Asia’s circular economy business models As global raw material consumption soars and pollution skyrockets, the need to transition from a consumptive linear economy to a circular…
Russia to avoid buying FX under budget rule this year
Russia to avoid buying FX under budget rule this year Synopsis Russia will not use excess oil revenues to purchase foreign currency on the open market this year, as prescribed…
Morgan Stanley upgrades India to overweight, downgrades China
Morgan Stanley upgrades India to overweight, downgrades China This upgrade comes just four months after Morgan Stanley previously elevated India from ‘underweight’ to ‘equal weight’ on March 31, citing factors…
Asia’s richest families fuel race for lucrative finance jobs
Asia’s richest families fuel race for lucrative finance jobs The rise of Asian family offices is tied to the region’s maturing fortunes On a sweat-laced evening in June, while much…
Asia’s factory activity shrinks as China’s slump, global slowdown weigh
Asia’s factory activity shrinks as China’s slump, global slowdown weigh TOKYO :Asia’s factory activity shrank in July, private surveys showed on Tuesday, a sign slowing global growth and weakness in…