China's latest official figures have confirmed it was the only major economy to see growth in 2020. The world's second largest economy says it grew 2.3% last year, with the final quarter seeing growth ... ( read original story ...)
Most Major Economies Are Shrinking. Not China’s.
The Chinese economy grew 2.3 percent last year, the country’s National Bureau of Statistics announced on Monday in Beijing. ( read original story ...)
12 Workers Trapped Week Ago in China Mine Blast Are Alive
Workers Trapped Week Ago in China Mine Blast Are Alive The Xinhua News Agency said Monday a note passed through a rescue shaft Sunday night reported the fate of the other 10 remains unknown. The ... ( read original story ...)
Asian shares mostly lower, China gains on GDP rebound
Shares fell Monday across most of Asia following a retreat on Wall Street, but benchmarks in Hong Kong and Shanghai rose after data showed the Chinese economy grew a solid 2.3% in 2020. ( read original story ...)
Palau’s new president vows to stand up to ‘bully’ China
Former senator Surangel Whipps Jr promises to stand by allies US and Taiwan when he takes office on Thursday ... ( read original story ...)
Poco M3 launched in Sri Lanka
Smartphone brand Poco launched Poco M3 in Sri Lanka last week. It has a 48MP triple camera setup, 6,000 mAh battery, a beautiful FHD+ smartphone display, and a Qualcomm® Snapdragon™ 662 chipset, Poco ... ( read original story ...)
Iran Rebukes EU on Trade Channel Set Up to Avoid U.S. Sanctions
Iran’s central bank criticized a European Union payment channel designed to allow European companies to avoid U.S. sanctions, portraying it as useless and saying Iran won’t be diverting resources to ... ( read original story ...)
He Went From Novice to Billionaire With Bet on Vietnam Steel
Tran Dinh Long had no experience in steel when he decided to gatecrash the industry back in the mid-1990s, betting Vietnam was going to need a lot more of it as the country developed. ( read original story ...)
Philippine Banks’ Pandemic Rebound Quicker Than Asian Crisis Era
Philippine banks will recover faster from the impact of the coronavirus pandemic than they did from the Asian financial crisis due to record-low interest rates, higher capital and a stable economy, ... ( read original story ...)
Japan’s stocks set to trade lower ahead of China’s fourth-quarter GDP data release
Investor focus will be on Chinese economic data, including the country's fourth-quarter GDP print, expected to be out at around 10:00 a.m. HK/SIN. ( read original story ...)