Australian Prime Minister Anthony Albanese, U.S. President Joe Biden, Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida arrive for the Quad Leaders’
Tag: Asia Economy
Goldman Sachs expects more China real estate defaults, switches to bear case
Real estate and related industries account for more than a quarter of China’s economy, according to Moody’s estimates. CFOTO | Future Publishing | Getty Images
Returning to the office? Ways to beat rising costs
According to a new survey by Cisco, 75% of respondents said they save money on food and entertainment through hybrid work schedules. D3sign | Moment
Why China will likely recover more slowly from the latest Covid shock
As Shanghai tries to reopen businesses, one downtown district over the weekend banned residents from leaving their apartment complexes again for mass virus testing. Pictured
U.S. announces major Asia economic deal in effort to boost profile, counter China
From L-R: Japan’s Prime Minister Fumio Kishida, US President Joe Biden, and India’s Prime Minister Narendra Modi attend the Indo-Pacific Economic Framework for Prosperity at
New PM to tackle economy, inflation, cost of living
Australians will be voting for a new prime minister on Saturday. Opinion polls so far show that the race is too close to call, but
E-commerce in Southeast Asia’s ‘still in the opening act’: VC firm
Southeast Asia’s e-commerce ecosystem is still at a “very, very nascent stage” and many more business models and companies will be formed in the region,
profits plunge amid China Covid lockdowns, regulation
Signage for Tencent Holdings atop an office building in Shanghai, China, on March 22, 2022. China’s Tencent reported on Wednesday its quarterly profit halved from
China is second-biggest bitcoin mining hub as miners go underground
By September 2021, China made up just over 22% of the total bitcoin mining market, according to Cambridge University research. Paul Ratje | The Washington
Goldman Sachs cuts its China GDP forecast on Covid controls
Since March, mainland China has struggled to contain its worst Covid outbreak in two years. Notably, the metropolis of Shanghai, pictured here on May 18,
