China faces a very arduous task in achieving a new growth model and must rely on reforms in order to do so, an advisor to the Chinese cabinet said on Tuesday. ( read original story ...)
Trump’s Taxes, Coronavirus, China’s Economy: Your Tuesday Briefing
Good morning. We’re covering the second part of The Times’s investigation into President Trump’s federal tax returns, the growing numbers of virus conspiracy theorists in Europe and the stirring signs ... ( read original story ...)
China’s car buying season kicks off to an encouraging start as the economy recovers
China's economic recovery is proving to be a bright spot for carmakers, say industry experts at the Beijing Auto Show. CNBC's Eunice Yoon reports from Beijing. ( read original story ...)
China’s ‘dual-circulation’ model not a short-term response to COVID-19, U.S. frictions: adviser
China's new "dual circulation" economic strategy proposed by President Xi Jinping is not a short-term measure to cope with the COVID-19 pandemic or frictions with the United States, an adviser to ... ( read original story ...)
As repression mounts, China under Xi Jinping feels increasingly like North Korea
The first pair of enforcers were waiting at the temperature check before baggage claim at the airport in China's western Xinjiang region. "Passports," they said as the three foreign journalists came ... ( read original story ...)
A finance hub like Hong Kong should see independent board directors live up to their name. Why the lag?
Hong Kong has yet to see a board remove a CEO for doing a poor ... accountable to all shareholders and upholding governance practices that support the aspirations of an international finance centre. ( read original story ...)
Taiwan Bank Lending to Chinese Firms Declines Amid Uncertainty
The drop in lending by Taiwanese banks is driven by concerns over the pandemic’s economic impact on China, as well as lenders generally, not just those in Taiwan, turning increasingly cautious over ... ( read original story ...)
Dubai index leads major Gulf markets higher
Saudi Arabia's benchmark index rose 0.5%, with Dr Sulaiman Al-Habib Medical Services 4013.SE rising 3.1% and Saudi Telecom Company 7010.SE gaining 1.8%. The kingdom plans to resume tourist visas by ... ( read original story ...)
Moody’s Downgrades Sri Lanka, Raises Foreign Debt Risk
Moody's on Monday downgraded Sri Lanka's sovereign credit rating by two notches, saying the South Asian nation would be hard-pressed to secure funding to service its huge foreign debt. ( read original story ...)
HNB Finance rewards winners of ‘Ape Gedara Avurudu’ Digital Games
Sri Lanka’s leading financial services provider HNB Finance Plc., recently rewarded the winners of their unique and interactive ‘Ape Gedara Avurudu’ digital portal, launched in celebration of the ... ( read original story ...)