
The global economy has likely been spared a US debt default. It still faces a mountain of risks
With the threat of an unprecedented US debt crisis receding fast, the global economy looks to have dodged a huge shock. But there are still plenty of storm clouds darkening the outlook.
1970-01-01 08:00

BRICS Seize Chance to Counter US With Expansion, Common Currency
The BRICS group of emerging markets is ramping up its bid for greater global influence, sensing a moment
1970-01-01 08:00

Chinese EV Maker Hozon Weighs June Filing for $1 Billion Hong Kong IPO, Sources Say
Hozon New Energy Automobile Co., a company making affordable electric vehicles in China, is considering filing for its
1970-01-01 08:00

Asia's factories struggle for momentum amid patchy recovery
By Leika Kihara TOKYO Factories in Asia's largest economies stepped up a gear in May as supply chain
1970-01-01 08:00

Sri Lanka Cuts Rate First Time in 3 Years as Inflation Cools
Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central
1970-01-01 08:00

China Factory Activity Expands Moderately, Caixin Survey Shows
China’s manufacturing activity expanded slightly in May, a private survey showed, a surprise improvement that contradicted official data
1970-01-01 08:00

Cash Will Buoy Childrearing Generation, Japan Minister Says
Expanding government handouts will encourage the child-rearing generation, many of whom say they can’t afford to start a
1970-01-01 08:00

Korea Export Slide Eases, Hinting at Global Demand Recovery
South Korea’s exports slump eased for a second month in May, an early sign that weakness in global
1970-01-01 08:00

Bangladesh Readies Higher Taxes in Budget in Test of IMF Reforms
Bangladesh is expected to propose raising taxes and boosting spending in its annual budget Thursday that will serve
1970-01-01 08:00

Hong Kong Telco HKBN’s Sale Stalls Again on Valuation, Sources Say
A sale of HKBN Ltd. has stalled again as the Hong Kong broadband provider’s owners couldn’t agree with
1970-01-01 08:00

Hong Kong’s Crypto Ambitions Get a Guarded Reception From Digital-Asset Companies
Hong Kong kicked off a new crypto regulatory regime in a bid to nurture a digital-asset hub, a
1970-01-01 08:00

Schroders to Engage Countries on Climate Risk With New Framework
Schroder Investment Management Ltd. will seek more answers from governments over climate and other ESG risks, as the
1970-01-01 08:00