Thai May factory output falls 3.14% y/y, less than forecast
BANGKOK Thailand's manufacturing production index (MPI) in May dropped by a less than expected 3.14% from a year
2023-06-30 12:53
Crisis-hit Pakistan strikes $3bn funding deal with IMF
The South Asian nation is facing its worst economic crisis since independence from Britain in 1947.
2023-06-30 12:25
Last Taboo for Hit Obesity Drug Is Asking When to Stop
Two years and more than a million prescriptions after Wegovy first went on sale, there’s one taboo question
2023-06-30 12:18
Marcos Faces Philippine Growth, Investment Tests in Second Year
Philippine President Ferdinand Marcos Jr. marks his first year in office with resilient growth and improving business sentiment
2023-06-30 11:55
IMF reaches $3 billion staff-level agreement with Pakistan
Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) for a crucial bailout that could help stabilize its flailing economy and lift the South Asian nation out of a crisis that has pushed millions to the brink.
2023-06-30 11:50
Singapore Bids Libor Farewell With Surge in SORA Derivatives
Singapore’s financial markets have rapidly switched to a new lending benchmark as the city-state joins the world in
2023-06-30 11:49
China Has $3 Trillion of ‘Hidden’ Currency Reserves, Setser Says
China is sitting on a $6 trillion pile of money, half of which is “hidden,” and that presents
2023-06-30 11:20
Senior China Diplomat Dispatched to Italy to Keep Nation in Belt and Road Initiative
China dispatched a senior diplomat to Italy this week, as Beijing seeks to persuade the European nation not
2023-06-30 11:19
China's factory activity extends declines as demand weakens
By Joe Cash BEIJING (Reuters) -China's manufacturing activity contracted for a third straight month in June, albeit at a slower
2023-06-30 10:55
Services activity in China drops to weakest level in six months
Activity in China's services industry and construction sector dropped to its weakest level since December, according to data released Friday by the National Bureau of Statistics, as the country's economic recovery continues to lose momentum.
2023-06-30 10:21
China’s Growth Momentum Slows Further Amid Rising Stimulus Calls
China’s economy lost more momentum in June as manufacturing activity contracted again and the services and construction sectors
2023-06-30 09:51
India’s HDFC Vaults Into Ranks of World’s Most Valuable Banks
A homegrown Indian company will for the first time rank among the world’s most valuable banks after completing
2023-06-30 09:49