Asia Economy

China’s property sales set for a worse plunge than in 2008, S&P says

[ad_1] Most apartments in China are sold before developers finish building them. Pictured here on June 18, 2022, are people…

2 years ago

India’s 5G auction kicks off today. These are the companies in the race

[ad_1] The number of 5G subscribers in India is expected to grow to 500 million by 2027, according to a…

2 years ago

ADB cuts China’s growth forecast on concerns over Covid lockdowns

[ad_1] The Asian Development Bank has cut its growth forecast for China due to concerns over the country's zero-Covid approach…

2 years ago

India’s IT giants pay CEOs millions despite software talent turnover

[ad_1] There is a wild mismatch between the salaries of the CEOs of Indian Information Technology companies and lower and…

2 years ago

China’s latest spike in Covid cases strands tourists and restricts travel

[ad_1] The western province of Gansu is one of the hardest hit by China's summer Covid outbreak. Pictured here is…

2 years ago

Russia is preparing for next stage of offensive, Ukraine says

[ad_1] Ukraine said Russia appears to be regrouping for an offensive towards Sloviansk, a symbolically important city held by Ukraine…

2 years ago

Philippines inflation, weakening peso pressure central bank

[ad_1] The weakening of Philippine currency the peso combined with a current account deficit will make rising inflation a feature…

2 years ago

Rice prices are rising amid rising food inflation, export bans

[ad_1] The spider web rice fields in Flores, Indonesia. The United Nations' Food and Agriculture Organization Food Price Index shows…

2 years ago

India will need to make a ‘growth sacrifice’ to slow inflation, says JPMorgan

[ad_1] India will need to make a "growth sacrifice" to contain inflation, a JPMorgan economist told CNBC on Thursday.On Wednesday,…

3 years ago

Australia’s central bank raises rates by 50 basis points

[ad_1] People walk past the Reserve Bank of Australia building in Sydney. On May 3, 2022, Australia's central bank raised…

3 years ago