Asia
- Business
Asian Development Bank lowers GDP forecast for developing Asia
China’s pandemic measures, Russia-Ukraine war, and monetary policy tightening slowing down post-pandemic recovery process, says bank The Asian Development Bank…
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China GDP beats with a bounce in the third quarter, delayed data shows
China reported Monday that third-quarter gross domestic product grew by 3.9% from a year ago, beating expectations.The data was originally…
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Asian Development Bank trims developing Asia GDP outlook
Developing Asia projected to grow 4.3% this year, 4.9% next year, bank reports The Asian Development Bank lowered its economic…
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Asia-Pacific markets slip in early trade; SoftBank earnings ahead
Shares in the Asia-Pacific traded lower Monday, with SoftBank set to report earnings after the market close.SoftBank shares were higher…
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Rich nations still failing to honor $100B climate funding pledge: OECD
$83.3B given to developing countries in 2020, according to Organization for Economic Co-operation and Development Rich countries are still failing…
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Baidu’s new robotaxi can drive without a steering wheel and is 50% cheaper
Chinese tech giant Baidu announced Thursday its latest robotaxi vehicle comes with a detachable steering wheel, for a cost nearly…
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Asia shares bounce, euro on edge for ECB and gas test
Asian stock markets S&P futures edge up, Nikkei shut for holidayEuro vulnerable to gas worries, ECB hike awaitedDollar off highs,…
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Middle East needs fairer taxes to bolster growth, tackle inequality: IMF study
Countries can pursue tax policy to promote economic development, progressive taxes with fewer exemptions help, says study Governments in the…
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Asian stock markets close Monday with gains
Tokyo’s Nikkei 225 stock exchange performs best, up 0.84% Major stock exchanges in Asia closed Monday in the positive territory…
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Asian stock markets close lower except for China
Shanghai Stock Exchange rises 1.1% as official figures show growth in manufacturing, services activity Major Asian stock markets except for…
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