Showing 71 - 80 of 534
Asia factories cope with high costs amid war
Bloomberg News, Published on 01/11/2023
» JAKARTA - Manufacturing activity in Asia slumped again in October as conflict in the Middle East drove oil prices higher, costs rose and global demand remained under pressure.
US imposes sanctions on lucrative Myanmar state oil firm
Bloomberg News, Published on 01/11/2023
» YANGON - The United States announced sanctions against the Myanmar junta’s most lucrative state-owned enterprise, one of Washington’s most significant moves yet to curtail the military regime’s access to easy cashflow to buy weapons.
Central banks buying more gold than previously thought
Bloomberg News, Published on 31/10/2023
» NEW YORK - Central banks have loaded up on more gold than previously thought this year, offering crucial support to prices that have faced pressure from global monetary tightening.
Singapore’s $110,000-a-month mansion market slows down
Bloomberg News, Published on 31/10/2023
» Singapore’s luxury housing deals are drying up as one of the nation’s largest-ever money laundering scandals weighs on the market.
Li Keqiang, China’s second-most powerful man for a decade, dies
Bloomberg News, Published on 27/10/2023
» BEIJING - China's former Premier Li Keqiang has died of a heart attack just months after stepping down as the nation's No. 2 official. He was 68.
Thailand bets on EVs to draw trillion baht in foreign investment
Bloomberg News, Published on 26/10/2023
» Thailand, renowned as the ‘Detroit of Asia’ for its production of internal combustion engine cars, wants to break into the top tier of electric vehicle (EV) makers as part of a goal to lure 1 trillion baht (US$28 billion) of investments in four years.
Israel urges China to talk with Iran to stop escalation
Bloomberg News, Published on 12/10/2023
» BEIJING -- Israel’s ambassador to China called on Beijing to leverage its close relationship with Iran to rein in Hamas, saying the Asian giant needed to be engaged in talks around the conflict.
China 'drove away' Philippine navy ship in disputed sea
Bloomberg News, Published on 10/10/2023
» MANILA - China's coast guard on Tuesday said it drove away a Philippine Navy vessel when it entered an area near the disputed Scarborough Shoal in the South China Sea, a claim that Manila denied.
Indonesia inaugurates SE Asia's first high-speed train service
Bloomberg News, Published on 02/10/2023
» JAKARTA - Southeast Asia’s first high-speed railway opened for regular services in Indonesia on Monday after years of delay and cost overruns.
World Bank cuts growth estimates for East Asia as China falters
Bloomberg News, Published on 02/10/2023
» SINGAPORE - Developing economies in East Asia and the Pacific are set to see slower growth this year and next as the region reels from the impact of tighter finances and a weak global environment, according to the World Bank’s latest report.