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Posted on August 12, 2020

Turkey’s collapsing lira: government is running out of options for embattled currency

It's two years since Turkey's last near-death experience, and the same short-term fixes are unlikely to work again. ( read original story ...)

Posted on August 12, 2020

Japan’s Economy Seen Taking Four Years to Regain Lost Ground

Japan’s economy won’t recover ground lost during the pandemic until the year starting April 2024, according to a gloomier-than-consensus analysis by a Japanese think tank that highlights the long-term ... ( read original story ...)

Posted on August 12, 2020

KKR and Carlyle Are Betting on a Resurgence in Japan Dealmaking

“Corporate demand for consultation over future business models has been growing quite strongly” Kazuhiro Yamada, head of Carlyle’s Japan buyout advisory team, said in an interview. The firm ... ( read original story ...)

Posted on August 12, 2020

Covid-19 Brings Japan’s ‘Peter Pan Economy’ Down To Earth

Bank of Japan Governor Haruhiko Kuroda had argued in 2015 that the key to reanimating Asia’s second-biggest economy was for tens of millions of Japanese to believe in a little magic. Five years on, ... ( read original story ...)

Posted on August 12, 2020

News Navigator: What are government bonds and why is Japan taking on debt?

The Mainichi Shimbun answers common questions readers may have about government bonds in Japan and why Japan continues to issue them. ( read original story ...)

Posted on August 12, 2020

China stocks drop most in two weeks on weak global sentiment, bank lending data

Chinese shares fell on Wednesday and were on course for their worst day in over two weeks due to souring global market sentiment and data showing softer growth in bank lending. ** At the midday break, ... ( read original story ...)

Posted on August 12, 2020

Coronavirus: World’s biggest gambling hub reopens for business

Asia's gambling hub became a ghost town after coronavirus lockdowns saw a severe downturn in visitors. The Macau government said it will slowly start handing out tourist visas from Wednesday to bring ... ( read original story ...)

Posted on August 12, 2020

NYX Professional Makeup is exiting the Hong Kong and Macau market

The brand announced on their social media platforms that they would be exiting the Hong Kong and Macau market entirely due to a "business strategy readjustment". No exact details on dates of closure ... ( read original story ...)

Posted on August 12, 2020

Alibaba-backed Best to list delivery business in Hong Kong – sources

Alibaba-backed Best Inc is seeking a Hong Kong listing for its express delivery and freight delivery businesses, keen to boost its valuation and establish an investor base closer to China, said three ... ( read original story ...)

Posted on August 12, 2020

Hong Kong’s independent press faces dark chapter in China’s shadow

On Monday when Zoe*, a local news reporter at Apple Daily returned to her office in Hong Kong it was swarming with police officers. Her boss, the strident pro-democracy activist, media mogul and ... ( read original story ...)

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