Najib-era ship scandal resurfaces to sink UMNO

By:
On:
In: Asia

SINGAPORE – Another day, one more multibillion-dollar corruption scandal in Malaysia. 1Malaysia Development Berhad (1MDB), one of the world’s largest ever financial heists, had earlier put the Southeast Asian nation in the global spotlight along with newly incarcerated former premier Najib Razak, who appears accused of pilfering billions of dollars associated with public funds. Another Najib-era scandal […]

The submit Najib-era ship scandal resurfaces to sink UMNO made an appearance first on Asia Periods .

Continue Reading

Why China’s housing market is collapsing

By:
On:
In: Asia

China has been trimming interest rates recently – in contrast to other major economies – as it tries to stem the economic effects of its zero-Covid policy and address a growing property crisis. The country’s traditionally strong housing market has been affected by a funding crisis that has seen development paused and led to buyers […]

The post Why China’s housing market is collapsing appeared first on Asia Times.

Continue Reading

The battle between globalism and sovereignty

By:
On:
In: Asia

“If Russia fails, all bets are off for the 21st century. And if Russia succeeds as a nation-state in the family of nations, it will owe much of that success to one man, Vladimir Vladimirovich Putin.” – Time magazine, “Putin Man of the Year” in 2007 Admire him or despise him, Russia’s president has put […]

The post The battle between globalism and sovereignty appeared first on Asia Times.

Continue Reading

China’s rate cuts could be too little, too late

By:
On:
In: Asia

No central bank’s 2022 has been turned upside down more abruptly compared to Yi Gang’s People’s Bank of China (PBOC). That’s saying a lot given the particular economic shocks further complicating the year for US Government Reserve Chairman Jerome Powell amid overheating risks. Or Western Central Bank Chief executive Christine Lagarde fighting an euro with 20-year lows. Or even […]

The post China’ s rate cuts could be too little, too late appeared first upon Asian countries Times .

Continue Reading