TOKYO: Japan will take “unprecedented” measures to curb rising electricity bills for households and businesses as a weak yen fans inflation and global recession fears pose big risks to the economy, Prime Minister Fumio Kishida said on Wednesday (Oct 5). The government will compile another economic stimulus plan by theContinue Reading
KUALA LUMPUR: The US Federal Aviation Administration has upgraded Malaysia’s air safety rating to Category 1, allowing the country’s carriers to expand flights to the United States after a three-year hiatus, Transport Minister Wee Ka Siong said on Saturday (Oct 1). Wee said the move will bolster tourism and economicContinue Reading
SEOUL: South Korean President Yoon Suk-yeol promised on Thursday (Sep 29) to appropriately deal with economic shocks in one of the most direct indications about measures to stop the spread of a sense of panic in financial markets. The comment came as the country’s stock and bond prices jumped whileContinue Reading
HANDBAGS, JEWELLERY Office worker Wang Jianing is exploring buying second-hand luxury products, given the economic climate. “My consumption will definitely be downgraded (this year), but I still like what I like, and I can’t control the desire to buy it,” she told Reuters, standing in front of a wall displayingContinue Reading
MANILA/TOKYO: The Asian Development Bank (ADB) is ready to provide further financial support to Sri Lanka, a top official of the regional lender said on Tuesday (Sep 27), as the Indian Ocean nation battles its worst economic crisis in more than seven decades. The remarks came after an ADB pactContinue Reading
But in June 2020, Jiadengbao Real estate property hit the headlines after a court offender its parent company of illegal fund-raising and seized 340 million yuan worth of its properties, which includes a number of flats within Xiulan County Estate. Building stopped in mid-2020, which Xu found out months later,Continue Reading
Malaysia’s 2023 budget will be tabled in parliament on Oct 7. This will be the last budget to be tabled by the current government prior to the 15th general political election is called.Continue Reading
HONG KONG: Hk is set to end the year in the midst of a full-on recession, the city’s finance chief cautioned on Thursday (Sep 22), as COVID-19 controls and spiralling interest rates hammer the particular economy. “There is a very high chance for Hong Kong to record an adverse GDPContinue Reading
Terraform Labs founder Perform Kwon is would like for investigations upon fraud and monetary crimes.Continue Reading
As a result, some teenagers prefer to save than splurge. “I used to see two movies every month, but I haven’t stepped inside a movie theater since the pandemic, inch said Fu, a devoted movie fan. Retail sales within China rose simply 2 . 7 per cent year-on-year in ComeContinue Reading