The cold weather sweeping China brought rare snowfall on Monday as far south as the province of Guangdong, while temperatures in the chilly north plunged to near historic lows for the month. In a week of unexpectedly frigid weather,
Strong winds destroy houses, rice fields in Philippines
The Kabacan municipal disaster risk reduction and management office along with Army troopers and emergency responders from the provincial government assisted families displaced by the calamity …
China’s Real Estate Meltdown Is Battering Middle Class Wealth
Stock investments: down 30%. Salary package: down 30%. Investment property: down 20%. As Thomas Zhou reflects on 2023, his household finances are front of mind. Most Read from BloombergUS Frackers …
Stock market today: Asian shares mostly lower as Bank of Japan meets, China property shares fall
Elsewhere in Asia, Australia’s S & P/ASX 200 declined 0.3% to 7,420.30. South Korea’s Kospi added 0.2% to 2,569.40 and Bangkok’s SET was down 0.2%.
Goldman Ramps Up Credit Business in India, Targets Rich Diaspora
Goldman Sachs Group Inc. plans to ramp up its credit business in India and sees an increasing opportunity to target the nation’s wealthy diaspora as global investors shift their focus from China to …
China’s Millionaires Are Worried. That’s a Problem for Wall Street.
For years, lenders competed hard to win business from the country’s giant pool of wealthy people. China’s troubled economy has dealt them a huge blow.
Japan, Asean Vow to Cooperate on Security Amid China Spats
Japan and the Association of Southeast Asian Nations pledged to work together to maintain maritime security following a summit held in Tokyo, as concerns grow about the region’s territorial spats with China.
China’s economic conditions to improve in 2024 – officials
China’s economy is expected to see more favourable conditions and more opportunities than challenges in 2024, state media said citing officials of the Chinese Communist Party’s finance and economy …
Nissan to sell electric vehicles made in China globally in another sign of automakers responding to Chinese automotive prowess
Western and Japanese carmakers alike are shifting their strategies as affordable Chinese EVs spread around the globe.
China’s economic conditions to improve in 2024 – central finance office
China’s economy is expected to see more favourable conditions and more opportunities than challenges in 2024, state media said citing a government readout. Macroeconomic policies will continue to …