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Europe tightens curbs with economic toll worsening: Virus update
Published on 17/03/2020
» Governments in Europe tightened curbs on free movement to stem the outbreak and are exploring ways to ease the financial impact. US Treasury Secretary Steven Mnuchin is rallying Senate Republicans to quickly pass the House package of economic measures. Goldman Sachs Group now expects China’s economy to contract by 9% in the first quarter and Hong Kong’s jobless rate rose to a nine-year high. The Philippines became the first country to shut its markets in response to the widening coronavirus outbreak and some regulators in Europe banned short selling. US equity futures and European stocks reversed gains.
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Selling the cloud
Asia focus, Erich Parpart, Published on 20/05/2019
» During her student years in Temora in New South Wales, Helen Masters always thought that her interests lay in economics, but her inquisitiveness instead led her on another path. Her personal observations on how new technologies were changing her hometown eventually landed her a career she has followed to this day.
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Even as demand softens, China jet market is crucial
Asia focus, Wanant Kerdchuen, Published on 25/04/2016
» The growing number of Asian business moguls, especially in China, has made the region a promising new frontier for business jet makers. Greater China alone is the third largest market in a forecast by Bombardier, with 876 future deliveries worth US$33 billion, compared with the country's fleet of 300 at the end of last year.
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Emerging markets gain as US rate worries recede
Business, Published on 12/10/2015
» Recap: Disappointing US jobs data and minutes of the September Federal Reserve meeting triggered speculation that US interest rates will not rise until sometime next year, prompting capital flight back to emerging markets last week. Thai shares surged past 1,400 points, a level not seen since August.
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China to buy 100 A320 planes
Bloomberg News, Published on 06/11/2014
» Airbus Group won a pledge from China Aircraft Leasing Group Holdings (CALC) for the purchase of 100 planes valued at US$10.2 billion as the Chinese lessor seeks assets to power expansion in its home region.
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