Once a marker of steady growth, India’s middle class now faces rising costs, slower salary gains, and shifting financial priorities in an economy where old assumptions no longer hold true.
Middle class has eroded: Startup founder flags growing financial stress in India
Once a marker of steady growth, India’s middle class now faces rising costs, slower salary gains, and shifting financial priorities in an economy where old assumptions no longer hold true.
China will hike quota for investors buying overseas assets
BEIJING] China will allow some local investors to put more of their money into overseas assets, a sign Beijing is opening up its financial market as the yuan steadies. Read more at The Business Times.
China will hike quota for investors buying overseas assets
BEIJING] China will allow some local investors to put more of their money into overseas assets, a sign Beijing is opening up its financial market as the yuan steadies. Read more at The Business Times.
Foreign institutions key to China’s modern financial system
Foreign institutions are important participants and active contributors to the construction of China's modern financial system, Li Yunze, head of the National Financial Regulatory Administration, said ...
Indonesia’s Mount Lewotobi Laki-Laki erupts with 10,000-metre plume – Watch video here
Mount Lewotobi Laki-Laki has erupted with dramatic force, darkening skies and shaking ground across Indonesia’s Flores Island. Villagers watched in fear as ash filled the sky. The volcano unleashed thick clouds, visible 150 kilometres away, late Tuesday afternoon.
India’s Modi maintains there was no US mediation in ceasefire with Pakistan
India's Prime Minister Narendra Modi maintained in a conversation with U.S. President Donald Trump late on Tuesday that a ceasefire between India and Pakistan after a four-day conflict in May was ...
What you need to know about the Air India Boeing Dreamliner crash
The crash of an Air India Boeing 787 Dreamliner seconds after takeoff from Ahmedabad city, killing all but one of the 242 people on board, is the world's worst aviation disaster in a decade.
Analysis-China’s big feed shift to curb soybean imports, strain small farmers
China's move to curb the use of soymeal in animal feed to reduce its dependence on imports is feasible but will be costly and technically challenging for the smaller farmers who account for one-third ...
The Dark Side of China’s Gold Frenzy
Chinese investors have poured their savings into gold, attracted by promises of rising prices. One company’s sudden closure is a cautionary tale.