The Philippines reported 3,561 new coronavirus cases Thursday, overtaking Indonesia with the most infections in Southeast Asia, as Manila plunged into a recession. ( read original story ...)
India unveils debt restructuring scheme for pandemic-hit borrowers
India’s central bank unveiled a debt restructuring scheme for pandemic-hit businesses to try to avert a surge in bad debts as the economy reels from the impact of the coronavirus pandemic. Shaktikanta ... ( read original story ...)
India’s central bank holds rates on inflation risk, but more easing seen
India's central bank kept interest rates on hold on Thursday, as it sought to contain a rise in retail inflation though it vowed to keep policy sufficiently loose to help revive growth in the ... ( read original story ...)
Ahmedabad: Fire in India Covid hospital kills eight in critical care
Eight patients at a Covid hospital in the western Indian city of Ahmedabad have died after a fire broke out inside its critical care unit. Senior fire department official Rajesh Bhatt told BBC ... ( read original story ...)
India needs to look beyond what rating agencies think, says ex-RBI governor
Former Reserve Bank of India governor Raghuram Rajan said on Thursday that overly focusing on what sovereign rating agencies think can take one's eyes off what needs to be done for the economy. ( read original story ...)
Modi’s acolytes have reminded India’s Muslims just what he thinks of them
An image in Times Square celebrated not only the construction of a Hindu temple but the destruction of a mosque, says Indian author Siddhartha Deb ... ( read original story ...)
How TikTok Found Itself in the Middle of a U.S.-China Tech War
Banning TikTok would be an escalation, but in keeping with a broader trend of economic disengagement between the rival superpowers ... ( read original story ...)
China sentences Canadian to death on drugs charge
A Chinese court has sentenced a Canadian citizen to death on charges of producing the drug ketamine. A court notice in the city of Guangzhou said Xu Weihong was found guilty after a trial. His alleged ... ( read original story ...)
Hong Kong foreign press says journalists being targeted in US-China standoff
Foreign journalists in Hong Kong are facing "highly unusual" visa delays at a time of high tension between the US and China, a group representing international media has said. The Foreign ... ( read original story ...)
Hong Kong Is Losing Its Charm for Expats as China Tightens the Screws
The city’s expatriate community is shrinking, as new restrictions by China on speech and political activities and a tumultuous year of protests have diminished the allure of living and working in the ... ( read original story ...)