China is using localised tactics to battle a wave of COVID-19 outbreaks, an approach that avoids the sort of widespread shutdowns that devastated the economy last year but is also sowing uncertainty ... ( read original story ...)
Hong Kong Stocks at 20-Month High as Record China Cash Floods In
Hong Kong stocks are set to close at their highest level since May 2019 as mainland investors continue a record spending spree in the city. ( read original story ...)
Monetary Authority of Singapore and Nation’s Association of Banks are Encouraging Consumers to Use E-Gifting for Lunar New Year
Monetary Authority of Singapore and nation's Association of Banks are encouraging residents to use e-gifting for Lunar New Year. ( read original story ...)
Cambodia sees US$100 million co-financing scheme fund for SMEs fully subscribed
A SME enterprise co-financing scheme fund totalling US$100 million has been fully subscribed by mid-October last year, benefitting 753 SMEs, according to the SME Bank of Cambodia. The fund was ... ( read original story ...)
North Korea parliament reshuffles economic officials
SEOUL — North Korea’s rubber-stamp parliament gathered Sunday to pass decisions made by a recent ruling party congress and carried out a major reshuffle of officials in charge of economic ... ( read original story ...)
EMERGING MARKETS-Asian currencies advance as dollar retreats; S. Korea shares rebound
Adding to the positive mood, South Korea's vice finance minister also said additional measures will soon be unveiled to revitalise consumption. Taiwan's stocks climbed 1.6% and the local dollar once ... ( read original story ...)
S. Korea to monitor market volatility amid widening bond yield spreads
South Korea will closely monitor a potential increase in volatility of the financial markets as the yield spread between short and long-term state bonds is increasing, the vice finance minister said ... ( read original story ...)
EU Seeks to Curb Reliance on US Dollar After American Sanctions Exposed Financial Infrastructure Vulnerabilities
The European Union (EU) is reportedly planning to reduce its reliance on the U.S. dollar-based financial system. ( read original story ...)
Iran Confiscates Over 45K Bitcoin Miners Following Nationwide Blackout
Iran’s embrace of cryptocurrency mining has been one of the country’s most important policy decisions of the past few years. Yesterday, local news source Tasmin News [...] ... ( read original story ...)
Researchers warn of risks for Vietnam in 2021
Analysts warn that this may cause high risks for the world financial market and the global debt situation. Fourth, the 4.0 industry revolution and digital transformation are proceeding rapidly which ... ( read original story ...)