The Omnibus Law has finally passed in Indonesia, implementing a decade's worth of reform in one fell swoop. The Indonesian capital, Jakarta, has been in tumult the last 10 days after the passage of a ... ( read original story ...)
Nio surges after JPMorgan upgrades China electric vehicle play and says shares can nearly double
Shares of Nio jumped more than 18% on Wednesday after JPMorgan upgraded the company to an overweight rating based on surging demand for electric vehicles in China. The firm also introduced a new June ... ( read original story ...)
In City Where China Welcomed the World, Xi Prepares for a Colder One
China’s leader, Xi Jinping, speaking in the early trading center of Shenzhen, emphasized domestic innovation amid tensions with the United States. ( read original story ...)
China’s main stock markets hit combined record high of $10.08tn
China’s stock market has soared to a record high of more than $10tn as the world’s second-largest economy continues a rapid bounceback from the coronavirus pandemic. The total value of all company ... ( read original story ...)
Armenian people have one task- to achieve recognition of NK people’s right to self- determination: PM
Today Armenians are united more than ever: hundreds of thousands of Armenians are providing these days financial, economic, news, political support to Armenia and Artsakh”, the PM said. He stated that ... ( read original story ...)
Bhutan potato exports to Jaigaon, India, have come to a halt
The nation of Bhutan has been exporting potatoes to India for a long ... FCBL’s director for the department of corporate business, Dorji Tashi, said although the export was going smoothly despite the ... ( read original story ...)
Bahrain launch new real estate licensing system, eServices
The Real Estate Regulatory Authority (RERA) in cooperation with the information and eGovernment Authority (iGA), have launched a new Real Estate Licensing System and associated eServices, which are ... ( read original story ...)
Qatar’s economy shrinks 6.1% in Q2, hit by business closures
Qatar's economy contracted by 6.1% in the second quarter from a year earlier, government statistics showed on Wednesday, as the coronavirus outbreak closed businesses and reduced activity. Real gross ... ( read original story ...)
Hong Kong’s mid-sized developers seek to create markets in unlikely niches to survive city’s worst economic slump on record
Hotels and shopping centres are bearing the brunt of Hong Kong’s economic slump as the number of tourists in the city began to dwindle last year following the massive street protests that rocked Hong ... ( read original story ...)
Bangladesh, Bhutan may beat India on economic front; worst GDP contraction threat looms
The coronavirus pandemic has marked a black swan event for the Indian economy, which is projected to perform worse than weaker countries like Bangladesh, Bhutan, Sri Lanka, and Maldives in the year ... ( read original story ...)