Banks – Page 144 – Sure A Not

China-US decoupling gushes out

On: August 14, 2022

In: Asia

In a stir of statements about Friday (August 12) against the backdrop associated with escalating US-China stresses, five of China’s biggest state-owned organizations announced their intentions of delist from the New York Stock Exchange – PetroChina Corp Ltd, China Insurance coverage Co, China Petroleum & Chemical Corp, Aluminum Corp regarding Chinand Sinopec Shanghai Petrochemical Company, […]

Typically the post China-US decoupling gushes out appeared first concerning Japan Times .

Anutin banks on ‘Thai Power’ model to win over voters

By: Barkar Nash

On: August 14, 2022

In: South-East Asia

KRABI: The particular Bhumjaithai Party yesterday launched its pre-election campaign with an economic model it has classed “Thai Power” within the hope of enhancing its vote in a national poll expected to take place next year.Continue Reading

Provinces on alert for more floods

By: Barkar Nash

On: August 12, 2022

In: South-East Asia

Flood alerts have been issued in eleven provinces, including Bangkok, after severe runoff unleashed by Hurricane Mulan flowed downstream from the North, based on the Department of Disaster Prevention and Minimization.Continue Reading

Interest rate not Indonesia central bank’s first choice at this juncture: Official

By: Jing Write

On: August 12, 2022

In: Asia

Waluyo said BI will work with the authorities to address supply issues that had pressured customer prices, adding: “We will not let heading inflation go up”. He also repeated that BI will only increase rates when it sees a persistent rise in core inflation. BI is one of very fewContinue Reading

Indonesia rupiah hits two-month high among mixed Asian FX

By: Marcus Ching

On: August 12, 2022

In: South-East Asia

BENGALURU: Indonesia’s rupiah gained more than half a percent upon Friday, hitting a two-month high, driven partly by goals that its main bank will increase interest rates later this particular month, while most additional Asian emerging currencies remained subdued. Read complete story Continue Reading

Bank Negara: nation's payments systems remain secure

By: Marcus Ching

On: August 12, 2022

In: South-East Asia

KUALA LUMPUR: Bank Negara has assured customers that the nation’s transaction systems remain secure following a potential information breach incident concerning iPay88 (M) Sdn Bhd, a company giving payment gateway providers to banks plus merchants. Read full story Continue Reading

Bellwether Singapore buffeted by global headwinds

By: Bolen C

On: August 12, 2022

In: Asia

SINGAPORE – End user prices in Singapore are at a 13-year high and are estimated to rise higher being the notoriously pricey city-state, a bellwether intended for global economic growth trends, grapples by using imported inflation, improved geopolitical risks not to mention fears its big trading partners usually are slowing down or on course for recession. Because easing most pandemic-related restrictions in […]

The content Bellwether Singapore buffeted by just global headwinds appeared 1st on Asia Times .

‘Hopeless’: Chinese homebuyers run out of patience with developers

By: Jing Write

On: August 12, 2022

In: Asia

“OUR HEARTS ARE COLD” The “crisis of confidence” in China’s housing market points to structural imperfections, said Andrew Batson of Gavekal Dragonomics in a recent survey. Because of their large reliance on promoting apartments in advance, designers pursued business models that exposed buyers to the risk of not getting theirContinue Reading

China property firm apologises for vacancy rate report after public debate

By: Marcus Ching

On: August 11, 2022

In: South-East Asia

BEIJING/HONG KONG: A Chinese property think tank owned by KE Holdings apologised on Thursday for sparking a “heated public discussion” with its report on rising housing vacancy rates in China, and said its assessment may not be sufficiently accurate. Read full storyContinue Reading

Tengku Zafrul: Govt's proactive monetary policy ensures stable ringgit, financial market

By: Marcus Ching

On: August 11, 2022

In: South-East Asia

KUALA LUMPUR: The government remains proactive in ensuring the stability of the ringgit and the financial market, Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz told the Dewan Negara today. Read full storyContinue Reading

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