SEOUL: The head of South Korea’s central bank said on Tuesday (Aug 30) his bank’s financial policy stance would not change after Federal government Reserve Chair Jerome Powell said a week ago the US economy will require tight monetary policy “for some time”. Financial institution of Korea Chief excutive RheeContinue Reading
China and the United States have signed an agreement to solve the accounting disputes of US-listed Chinese firms but both sides have different understandings of the approach of cooperation. The United States’ Public Company Accounting Oversight Board (PCAOB), the China Securities Regulatory Commission (CSRC) and China’s Ministry of Finance last Friday signed a statement of […]
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SEOUL – The storm took the weekend to combination the Pacific, but it made landfall however: On Monday (August 29), Asian markets had been hit by the exact same tempest that pummeled US markets late Friday. On that day, US Federal Reserve Chairman Jerome Powell had moved the tectonic dishes in a highly-anticipated talk to central lenders […]
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The Monetary Authority associated with Singapore is thinking of restricting retail investors’ use of leverage and credit facilities in order to trade cryptocurrencies because it joins global government bodies in forging rules to govern electronic assets. Read full story Continue Reading
Almost a month since ALL OF US House Speaker Nancy Pelosi’s visit to Taiwan and China’s ballistic response, neighboring Southeast Asia is bracing, calculating and hedging for a potential superpower conflict in its all of a sudden destabilized backyard. Views in the region appear to be split up into three distinct camps. First are the optimists who are downplaying the warning […]
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KUALA LUMPUR: Malaysia’s benchmark FBM KLCI erased the particular heavy losses this saw in early morning trade to enter midday on an even note. Read full tale Continue Reading
To understand the globalized nature of our meals system, look no further than your morning cup of coffee. That jolt of caffeine comes to your table via an elaborate network of some 25 mil coffee farmers from Brazil to Vietnam linked to the world by a far-flung supply string of traders, roasters, financiers, shippers, grocery store […]
The particular post Food insecurity heats up with rising temperature ranges appeared first on Asia Situations .
BENGALURU: India likely recorded strong double-digit financial growth in the last one fourth but economists polled by Reuters anticipated the pace in order to more than halve this quarter and slow further toward the conclusion of the year because interest rates rise. Asia’s third-largest economy is grappling with persistently higherContinue Reading
Seven in different APAC consumers improved digital payment use in 20214 in 10 on APAC cut back on having access to cash in the last year The survey by Mastercard noted that consumers in the Asia Pacific region remain one of the most enthusiastic adopters for digital payments worldwide, with 88%…Continue Reading
Several residents of the mountainous Manoor valley say they are stranded and are unable to get home.Continue Reading