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Posted on February 21, 2025

Exclusive: Abrdn to launch China asset management venture with Citic unit, sources say

Abrdn is in advanced talks with Citic Bank to launch an asset management joint venture in China, two people with knowledge of the matter said, as the British firm looks to bolster its presence in the ...

Posted on February 21, 2025

North Korea has reopened to Western tourists for the first time since the pandemic

A guide who took some of the first foreigners to North Korea in five years told BI that he had tourists from the UK, Jamaica, and Germany.

Posted on February 21, 2025

China releases framework for sovereign green bonds

BEIJING - China's Ministry of Finance released a framework for sovereign green bonds on Thursday, paving the foundation for the country to issue offshore sovereign green bonds and global capital to ...

Posted on February 21, 2025

Malaysia Starbucks franchise holder triples loss on boycotts

Berjaya Food reported its fifth straight quarterly loss as Malaysian customers boycotted U.S. brands over America’s support of Israel.

Posted on February 21, 2025

Stock market today: Asia shares trade mixed as China benchmarks surge while others slip

Asian shares were mixed Friday after a sharp slide for Walmart helped pull Wall Street off record highs. In Japan, where investors were watching currency swings, the benchmark Nikkei 225 edged up 0.1% ...

Posted on February 21, 2025

Now under KLCC Holdings, Finance Ministry says full development of Bandar Malaysia to take half a century

The full development of Bandar Malaysia, now under Petronas’ KLCC Holdings, is expected to take around 50 years to complete, the Finance Ministry ...

Posted on February 21, 2025

Bessent Plans First Call With China Counterpart on Friday

US Treasury Secretary Scott Bessent plans to urge China to rebalance its economy when he speaks to his counterpart in Beijing on Friday.

Posted on February 21, 2025

Japan’s inflation rate climbs to 4% in January, highest in two years

This comes as the BOJ was revealed to have considered further rate hikes at its January meeting, warning of inflation risks and a weak yen.

Posted on February 21, 2025

Japan warns over threat from China’s chip material export controls

Japanese officials and executives say China’s escalation of export controls on semiconductor raw materials is threatening global electronics supply chains.

Posted on February 21, 2025

Alleged USAID funding ‘for voter turnout’ was for Bangladesh, not India: Report

The US agency has not funded projects of the Consortium for Elections and Political Process Strengthening in India since 2008, reported ‘The Indian Express’.

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