HONG KONG: The Hong Kong Monetary Authority (HKMA) on Thursday (Sep 22) raised its base rate charged with the overnight discount windows by 75 base points to 3 or more. 5%, hours after the ALL OF US Federal Reserve delivered a rate hike of the same margin . HongContinue Reading
HONG KONG: The Hong Kong Budgetary Authority (HKMA) by Thursday (Sep 22) raised its lauge rate charged out of your overnight discount time frame by 75 e-mail points to 3. five per cent, hours after the US Federalista Reserve delivered a rate hike of the same margin . HSBCContinue Reading
A city clerk in western prefecture of Yamaguchi carries a floppy disk containing account information for 463 residents to a local bank. He has every intention of transferring payments to the residents. But somewhere between the clerk’s instructions and the bank’s processing of the transaction, there is a miscommunication. Instead of 463 residents receiving their […]
The post The resistant roots of Japan’s digital dysfunction appeared first on Asia Times.
US-China tensions have spiked again with the US Senate’s passage of the 2022 Taiwan Policy Act, which if enacted will see Washington allocate billions of dollars to fortify Taiwan’s defenses against a potential Chinese invasion. Qiu Kaiming, director of the Taiwan Work Office of the Chinese Communist Party (CCP) Central Committee, said Wednesday the Taiwan issue has become more […]
The post US-China keep rumbling and grumbling over Taiwan appeared first on Asia Times.
While other developing nations slip into foreign debt death spirals, Cambodia sits in a relatively hale spot on league tables monitoring who is likely next at risk of tumbling into a so-called China “debt trap.” Whereas Ethiopia and Zambia are the latest to request restructuring of their China-owed debts, joining Pakistan, Sri Lanka and Laos, […]
The post Cambodia not quite yet in a China debt trap appeared first on Asia Times.
Fed officials have for months stuck to the mantra that they will only ease up on their hawkish drive when inflation comes down and remains subdued. This has led many to warn that rates are unlikely to come down anytime soon, possibly as late as 2024, with a recession moreContinue Reading
SEOUL – Will they? Or won’t they? There are conflicting reports on whether Japanese Prime Minster Fumio Kishida and South Korean President Yoon Suk-yeol will summit on the sidelines of the 77th UN General Assembly held in New York this week. The two early-in-their-term leaders – Kishida took power in October 2021, Yoon in May […]
The post Kishida-Yoon sideline summit hangs in the balance appeared first on Asia Times.
(Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices. Read full storyContinue Reading
Since cultural taboos and societal pressures impede conversations on wellbeing, a combination of art and science is carving out new options.
The post A new cohort of Singaporean artists are tackling a mental health problems appeared first on Southeast Asian countries Globe .
SEOUL (Reuters) – South Korea’s opposition to new guidelines governing U. H. subsidies for electrical vehicles are set to overshadow President Yoon Suk-yeol’s first official trip to the United States, disrupting a recent display associated with alliance strength with Washington. Read full tale Continue Reading