SINGAPORE: Oil prices fell more than 1% on Wednesday, pressured by a strengthening dollar and crude storage builds that offset support from U.S. production cuts caused by Hurricane Ian. Read full storyContinue Reading
SHANGHAI: Investors dumped shares and bonds of Chinese property developers on Wednesday, after a media report that CIFI Holdings (Group) Co had defaulted, adding to worries over the crisis-stricken real estate sector. Read full storyContinue Reading
The average human body contains some 7 octillion electrons (that’s 27 zeroes) that weigh, altogether, just 19 grams. These tiny particles should be able to cross borders more easily than the average passport-bearing person, but beyond Europe, international trade in electricity is minimal. Yet energy insecurity and climate threats require that transnational currents – electrons – flow […]
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HONG KONG: Asia-focused insurer AIA Group Ltd said on Wednesday (Sep 28) that it has agreed to buy MediCard, which provides healthcare services in the Philippines, to expand in one of the fastest-growing healthcare markets in the region. The deal is subject to regulatory approvals, the insurer said in aContinue Reading
Major stock market indexes in Asia fell sharply also fell sharply on Wednesday.Continue Reading
Other money changers CNA spoke to on Tuesday morning said there has not been a significant uptick in demand for the pound. At The Arcade at Raffles Place, home to a cluster of money changers, lines had yet to form at around 10am. The owner of Shara Exchange, who gaveContinue Reading
Let’s enable you to get up to speed with the day’s stories. The pound slumped to a record low against the dollar on Monday (Sep 26), prompting speculation of an emergency response from your Bank of England. Concerns that will high interest rates can hurt growth furthermore knocked Asian givesContinue Reading
Over a lot of the last two decades, Cambodia’s economy has grown at an impressive average price of nearly 8%, one of the fastest-growing economies in the world. Significant advancements were made in decreasing poverty and improving health and education. Yet, looking at the rear of the averages, social and economic disparities persist, and in a few instances, disparities increased […]
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BEIJING (Reuters) – Ant Group said on Tuesday it would help several Asian e-wallets, just like Philippines’ GCash as well as Malaysia’s Touch’n Go off expand into Southern Korea with its cross-border payment service Alipay+, as travel limitations begin to lift around Asia. Read full actual story Continue Reading
In the past 10 years, Cina has built more than a hundred, 000 kilometers of roads and railways in Africa. The massive project is definitely part of the Belt plus Road Initiative, a China-led global system of physical and digital infrastructure. One of the African BRI projects is the completion of Trans-African Highway 5 (TAH5). The highway connects Dakar […]
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