Asian Economy
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Business
IMF chief says no slowdown in US lending
Georgieva said she had to work “double” to be on par with her male colleagues. Drew Angerer / Staff /…
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Business
JPMorgan raises 2024 GDP forecast for India, but says headwinds remain
JPMorgan, which raised its 2024 economic forecast for India – but only slightly – said the country’s growth would be…
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Business
USTR Deputy Secretary for US-China Trade, China Tariffs
Flags of China and the United States hang from a fence at an international school in Beijing on December 6,…
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Business
China’s industrial profits fell 18% in April on falling demand
Workers work on an electronics production line on February 2, 2023, at a factory in Longyan, Fujian province, China. China…
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Business
TikTok Shop, a growing threat to Shopee and Lazada in Southeast Asia
A merchant sells crystal ornaments via a TikTok live broadcast. CFOTO | Future Publishing | beautiful pictures The TikTok Shop…
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Business
China’s Lenovo denies concerns that the global PC market is shrinking
Revenue of the world’s largest PC maker Lenovo Chief financial officer Wong Wai-Ming said it fell for a third straight…
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Business
China commits to new audit measures to limit risks and stabilize growth
China’s state television reported late on Tuesday the Communist Party pledged to step up audits to ensure officials take measures…
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Business
Alibaba cuts 7% workforce in cloud unit in pursuit of IPO
Alibaba Cloud, Alibaba’s cloud computing subsidiary, unveiled its ChatGPT Tongyi Qianwen-style product during the 2023 Alibaba Cloud Summit on Tuesday…
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Business
China retail sales up 18% as data continues to show uneven recovery
YANGZHOU, CHINA – MAY 02: Tourist sight seeing the streets of Dongguan from above during the May Day holiday on…
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Business
World Bank President says debt in advanced economies piles on global challenges
David Malpass, World Bank Group president in Washington, DC, on April 13, 2023 Bloomberg | Bloomberg | beautiful pictures According…
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