HSBC has unveiled a sweeping overhaul of the bank by splitting it into East and West, raising fears the move could lead to less scrutiny of its operations in China and Hong Kong.New chief executive Georges Elhedery,
China’s Singles’ Day sales festival fails to inspire consumers
China's largest shopping event is underway but most merchants and retail analysts expect flat or at best, tepid sales growth, noting consumers are still very much dispirited by the country's economic woes.
GM reports a $3 billion quarterly profit despite US sales drop, China losses and its stock surges
U.S. sales are down and a once-profitable joint venture in China is losing money, but General Motors still managed to post $3 billion in net profits last quarter.
China Think Tank Urges $281 Billion for Market Stabilization
China should issue 2 trillion yuan ($281 billion) of special government bonds to help create a market stabilization fund, according to a top government-linked think tank.
Bangladesh Cashback Programs Market Databook 2024: Cash Spending to Reach $1.53 Billion in 2023 from $752 Million in 2023
The "Bangladesh Cashback Programs Market Opportunities Databook - 50+ KPIs on Cashback Market Size, By Business Model, By Channel, By Cashback Program Type, By End Use Sector - Q3 2024 Update" report ...
The imperative to develop Indonesia’s financial sector
One key feature of a deep financial sector is the availability of long-term investment capital. To achieve this, participation in pension and insurance programs should be increased; at the same time, ...
Senior VW executive deported from China
A senior Volkswagen executive has been deported from China, in another setback for the German group fighting for survival in the world’s biggest car market.
China ‘Outpacing’ US in High-Tech Arms Race, Dan Quayle Warns
China is threatening America's military supremacy, the former vice president warned, as he urged both presidential candidates to address foreign threats.
What is holding back Bangladesh from export diversification?
Long-term strategies, sector-specific policies, business-friendly customs procedures, and efficient logistics must be ensured to diversify our export sector ... ( read original story ...)
All about the Hindu temple being rebuilt in Pakistan for $36,000
A Hindu temple, rendered dysfunctional over 64 years ago, is being rebuilt in Pakistan. A budget of 1 crore Pakistani rupees has been set aside to redevelop the place of worship in Narowal, which curr ... ( read original story ...)