South Korea has overtaken China to lead Asia in sales of socially-responsible bonds this year, as global issuance of debt to fund the fight against Covid-19 surges.Borrowers in Korea have sold $11.9 …
Growth ‘V’? Yes, Record China Debt, Japan to Crater: Eco Day
Welcome to Friday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help take you through to the weekend.Bloomberg Economics’ GDP tracker suggests global growth picked up further …
Pandemic to hit Japan’s economy more than expected, U.S.-China tension adds to concerns: Poll
Japan’s economy will contract more than previously expected and suffer mild deflation during the current fiscal year, analysts predict, underscoring the fragile nature of the recovery from the …
China factory output flat, retail sales slip in July
China has reported its factory output rose just under 5% last month from a year earlier while retail sales fell slightly …
Explainer: How Hong Kong and Chinese officials reacted to the US sanctions
Last Friday, the US Treasury Department announced that 11 individuals from Hong Kong and mainland China – including the city’s Chief Executive Carrie Lam – would be sanctioned for the alleged roles …
Taiwan to raise defence spending as China details combat drills
Taiwan unveiled a T$42.1 billion ($1.4 billion) increase for next year’s planned defence spending on Thursday, as China announced details of its latest combat drills near the democratic island. China …
Israel and UAE peace deal, Trump vows to block postal vote funds, China treads cautiously
Israel and the United Arab Emirates have reached a historic peace deal, Donald Trump has threatened to deprive the US post office of money needed for postal voting in November’s presidential race, and …
Pandemic to hit Japan’s economy more than expected, U.S.-China tension adds to concerns: Reuters poll
Japan’s economy will contract more than previously expected and suffer mild deflation during the current fiscal year, analysts predict, underscoring the fragile nature of the recovery from the …
Indonesia takes part in late-stage China vaccine trial
More people in Indonesia rolled up their sleeves Friday to test a potential coronavirus vaccine developed by a Chinese company. The Indonesian government …
China’s ByteDance blocked anti-China content in Indonesia: Report
Chinese tech giant ByteDance censored content it perceived as critical of China’s government on its news aggregator app in Indonesia from 2018 to mid-2020, six people with direct knowledge of the …