China braces for twin tropical cyclones after deadly flash floods
Two tropical cyclones will bring gales and heavy rain to China’s eastern seaboard this week, with the first expected to…
U.S. Navy Officer Convicted of Selling Fake Papers to Afghan Immigrants
An officer in the U.S. Navy’s civil engineer corps has been convicted of taking bribes in exchange for visa paperwork,…
China’s stubborn savers ignore inducements to spend as growth slows
Chinese consumer spending has failed to respond to government measures even though household deposits are slowing and banks have slashed…
Chinese officials expect bumpy ride for economy after policy meeting
Chinese officials acknowledged on Friday the sweeping list of economic goals re-emphasised at the end of a key Communist Party…
China’s long-term goals emphasised in Third Plenum communique
A first look at the key focus points for China’s long term development China’s government released a communique on the…
What the US election could mean for deficits, debt and the yield curve
Fiscal sustainability is being questioned This year’s election is set against a backdrop where the government is borrowing the equivalent…
‘Garbage time’: China’s slump spins out new meme of economic despair
China’s sputtering economy has prompted a dire, new shorthand online for pessimism about the prospects for any turnaround for jobs,…
China likely to maintain lending rates even as economy slows
China is expected to leave benchmark lending rates unchanged on Monday, while more market participants project further monetary easing to…
European boards have too little skin in the game
No self-respecting board would pay a company’s CEO entirely in cash. Yet for directors themselves, at least in Europe, it’s…
Asian foreign reserves decline in 2024 first half
Asia’s foreign reserves have dropped this year as central banks have intervened to support their currencies, with Japan, Indonesia and…