China banks, Hong Kong, local govt financing vehicles
A pedestrian walks pass a branch of Industrial & Commercial Bank of China (ICBC) in Fuzhou, Fujian province of China. VCG | Getty Images Moody’s Investors Service cut its outlook …
East Asia
South Korea markets will offer the highest earnings growth next year, Goldman Sachs says
Pedestrians walk across a road in Seoul on June 20, 2023. Anthony Wallace | Afp | Getty Images South Korean stocks have so far emerged as an undervalued and underloved …
Thailand’s economy is slowing, and it could mean trouble
Residents rest in front of a fan in Bangkok, April 25, 2023. Andre Malerba | Bloomberg | Getty Images Thailand’s economy grew at its slowest pace in almost a year …
Chinese property developer Sunac says it’s met restructuring conditions
A booth of Sunac China is seen at a housing fair in China, May 16, 2014. Developer Sunac China missed the deadline for coupon payments on a $742 million offshore …
Bank of Japan should shun ultra-loose policy to prop yen, Deutsche Bank says
A 1000 yen note on a tray at a souvenir shop in Hakone, Japan, on Tuesday, Nov. 22, 2022. SeongJoon Cho | Bloomberg | Getty Images Among major central banks, …
October CPI declines, PPI negative for 13th month
An employee works on the assembly line of LED lighting products in China. Vcg | Visual China Group | Getty Images China’s consumer prices fell in October, as the world’s …
Singapore bank DBS Q3 2023 earnings: quarterly profit beats forecast
DBS branch in Hong Kong. Budrul Chukrut | SOPA Images, LightRocket | Getty Images Southeast Asia’s largest lender DBS Group reported a 17% jump in third-quarter profit on Monday, benefiting …
U.S. working with Indo-Pacific partners to boost economic resilience: USTR
The United States is working very closely with its trading partners in the Indo-Pacific region to help build economic resilience, said U.S. Trade Representative Katherine Tai. The Indo-Pacific Economic Framework …
The worst may be over for China, says former FTSE chief
Photo taken on Aug. 19, 2021 shows a stock market trend, Shiyan, Hubei Province, China. Costfoto | Barcroft Media | Getty Images China may continue to see some market volatility …