BEIJING, June 12 (Reuters) - China's new bank lending rose less than expected in May after contracting the previous month, as a prolonged property downturn continued to weigh on household borrowing. ( read original story ...)
As China’s economy lumbers amid property crisis, why hasn’t AI helped pick up the slack?
AI might be an economic panacea for the US, but it may not be one for China and the recovery of its real estate industry, one analyst says Unlike the US, artificial intelligence (AI) may not be a ... ( read original story ...)
China’s property market sees stabilization
Photo provided to chinadaily.com.cn] The property markets in most of China's cities have seen signs of stabilization but more efforts are still needed to make the recovery more solid, industry experts ... ( read original story ...)
IMF: China has taken action on property market problems
Photo taken on Sept 2, 2022 shows the construction site of a residential area in Jiangdong New Area of Haikou, South China's Hainan province. [Photo/Xinhua] China's near-zero inflation means it has ... ( read original story ...)
Indonesia’s Danantara unit raises $1.5 billion as debut dollar bond draws strong demand
By Yantoultra Ngui, Rae Wee and Tom Westbrook SINGAPORE, June 12 (Reuters) - A unit of Indonesia's sovereign wealth fund Danantara raised $1.5 billion in its debut U.S. dollar bond sale, drawing ...
More time needed for deadly Air India crash inquiry, officials say
A statement said "significant progress" had been made into investigating the crash which left 260 people dead a year ago.
India summons top US envoy again over attacks on ships off Oman coast
India Summons Top US Envoy Again Over Attacks On Ships Off Oman Coast ...
China and Myanmar detain US citizens in separate incidents, sparking alarm
Despite no immediate evidence that they were connected, the detentions of two vocal commentators on Myanmar triggered alarm in the business and research communities.
Photos show China’s unidentified objects in disputed territory
The number of unidentified objects at Scarborough Shoal has grown to six, including one manned structure, Manila says.
Saudi Arabia lifts 5-year ban on Lebanese imports, marking a thaw in Gulf-Lebanon ties
Saudi Arabia has ended its five-year ban on Lebanese imports, a significant move to rebuild relations between Lebanon and Gulf countries.