Japan’s exports sank 11.7% in March as the coronavirus pandemic slammed auto shipments to the U.S. and China, generally its two biggest markets. The Finance Ministry …
Breakingviews – India erects low wall against Chinese money
The Great Wall against Chinese acquisitions is extending into India. Foreign direct investment from the People’s Republic will now require government approval, which could slow development in key …
Singapore, India Cases Rise; China Vows Stimulus: Virus Update
Signs emerged that the global pandemic is easing in some hot spots, as regions from Spain to New York saw a slowdown in fatalities, though some Asian countries wrestled with worsening conditions.
Asian shares mixed as oil prices fall back; China cuts rate
Shares are mixed in Asia after Chinese banks cut a key interest rate to help cushion the impact of the pandemic on its economy …
China’s Alibaba to invest $28.2 billion in cloud infrastructure as it battles Amazon, Microsoft
Alibaba has put a concerted effort on cloud computing and analysts as well as executives see it becoming a critical area in the future, despite it currently accounting for just 7% of total revenue.
New Zealand to Relax Lockdown; China Vows Stimulus: Virus Update
Signs emerged that the global pandemic is easing in some hot spots, as regions from Spain to New York saw a slowdown in fatalities, though some Asian countries wrestled with worsening conditions.
Global supply chains will reduce dependency on China post-coronavirus: analyst
China’s status as a one-stop shop for manufacturing could be changing. Some companies are looking at diversifying their supply chains away from China after the coronavirus. Independent analyst Fraser …
China’s New COVID-19 Hotspot on Russian Border Raises Tensions
At least 346 Chinese nationals who travelled from Moscow through Suifenhe contracted the disease, turning the town into a point of strain for the “strategic partnership.” …
The U.S. Tried to Teach China a Lesson About the Media. It Backfired.
American journalists were showing the world the devastating effects of China’s botched response to the coronavirus. Now, many have been kicked out.
Asia Pacific stocks set to slip; China’s loan prime rates ahead
Investors await the release of China’s loan prime rate, set to be out around 9:30 a.m. HK/SIN, with a cut predicted in a Reuters poll.