Asia Economy

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

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…

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

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…

3 years ago
ADB cuts China’s growth forecast on concerns over Covid lockdownsADB cuts China’s growth forecast on concerns over Covid lockdowns

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…

3 years ago
India’s IT giants pay CEOs millions despite software talent turnoverIndia’s IT giants pay CEOs millions despite software talent turnover

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…

3 years ago
China’s latest spike in Covid cases strands tourists and restricts travelChina’s latest spike in Covid cases strands tourists and restricts travel

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…

3 years ago
Russia is preparing for next stage of offensive, Ukraine saysRussia is preparing for next stage of offensive, Ukraine says

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…

3 years ago
Philippines inflation, weakening peso pressure central bankPhilippines inflation, weakening peso pressure central bank

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…

3 years ago
Rice prices are rising amid rising food inflation, export bansRice prices are rising amid rising food inflation, export bans

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…

3 years ago
India will need to make a ‘growth sacrifice’ to slow inflation, says JPMorganIndia will need to make a ‘growth sacrifice’ to slow inflation, says JPMorgan

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 pointsAustralia’s central bank raises rates by 50 basis points

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