The Philippine central bank has reassured investors that its government bond-buying program that started in March is legal and won’t create risks to the economy, Governor Benjamin Diokno said.
Japanese Stocks Have Neven Been This Cheap Relative to S&P 500
Japanese stock valuations have trailed U.S. levels for a long time, but the recent rebound from the coronavirus selloff has driven the gap into a new territory.The Topix index’s climb into bull-market …
Japan to Allow Humanitarian Exceptions to Re-entry Ban
Japan will allow some resident foreigners to re-enter the country on humanitarian grounds after facing criticism its policies made their return uncertain and left the group in a Covid-19 travel limbo.
Kuwait wants to slash migrant population by more than half
While Kuwait has for years been slowly replacing public-sector expatriates with nationals, the coronavirus has accelerated its efforts.At the end of 2019, only 19% of the Kuwaiti workforce was in the …
Kuwait vows to slash expat population from 70 to 30 percent
Kuwait’s prime minister has said the country’s expatriate population should be more than halved to 30% of the total, as the coronavirus pandemic and a slump in oil prices send shudders through Gulf …
North Korea warns South Korea to stop defectors from scattering anti-North leaflets: KCNA
The sister of North Korea’s leader has warned South Korea to stop defectors from sending leaflets into the demilitarized zone separating the countries, saying it may cancel a recent bilateral military …
Thai economy to shrink more than expected as job losses mount – c.bank minutes
Thailand’s economy will contract more than expected this year and the jobs outlook to deteriorate sharply from the impact of the coronavirus outbreak, minutes from the central bank’s latest meeting …
Can Vietnam could take advantage of new foreign investment strategies?
Over the past few decades, many companies worldwide have come to China, seeking a place to set up production bases and do business as they were lured by the country’s low labour costs and enormous …
Over 40 business groups express support for economic stimulus bill
Forty-four of the country’s biggest business organizations on Wednesday expressed support for the proposed measure aimed at addressing the economic impact of the COVID-19 pandemic.
Japanese yen offers stability in the medium term: Strategist
Mazen Issa of TD Securities says that the currency markets have largely ignored economic data in the past few months. He says the Japanese yen offers more stability in the coming months, and expects …