Taiwan’s government said that they had been accused of a breach of trust, but that their employer, Foxconn, had denied the company suffered any losses.
China investors expect $369 billion of new stimulus this weekend
BEIJING – China may deploy as much as 2 trillion yuan (S$369 billion) in fresh fiscal stimulus as Beijing seeks to shore up the world’s No. 2 economy and boost confidence, investors and analysts said.
India’s Bandhan Bank surges 10% on cenbank nod for Partha Sengupta as CEO
Shares of private lender Bandhan Bank rose about 10% on Friday after India's central bank approved the appointment of its new CEO, which analysts said would ensure management stability.
Finance Minister Nirmala Sitharaman to visit US between 16-28 October
Sitharaman to attend the annual meeting of the International Monetary Fund (IMF) and the World Bank Group (WBG) between 21-26 October ...
Is India’s economy slowing down?
Recent data, though, suggest that some sourness is creeping in. After roaring growth in recent years, the economy seems to be losing momentum. According to the latest official figures, the annual GDP ...
China Finance Ministry Briefing Set to Be Another Boom or Bust Moment for Stimulus Hopes
The pressure is on for China’s Finance Ministry to deliver more fiscal stimulus at a press conference on Saturday.
China detains iPhone maker workers in ‘strange’ case
Chinese police have detained four workers of the Taiwanese iPhone maker, Foxconn, in circumstances Taipei has described as "strange". The employees were arrested in Zhengzhou in Henan province on ...
China’s Stock Euphoria Cools as Traders Reassess Stimulus Bets
Chinese stocks began Tuesday’s session with a bang — an onshore benchmark surged 11% as soon as trading resumed after a weeklong break. But the enthusiasm faded as the day progressed, with the lack of ...
China defiant over South China Sea skirmishes in ASEAN talks, blames meddling by foreign forces
Southeast Asian leaders have stepped up pressure on China to respect international law following clashes in the disputed South China Sea.
Asian shares set for first weekly loss in five, China stimulus eyed
Asian shares were headed for the first weekly loss in five as the stunning rally in Chinese shares took a breather, although all eyes are on the details of the much-anticipated fiscal stimulus from Beijing this weekend.