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NEW YORK: Oil prices rose nearly 2% on Wednesday after a larger-than-expected decline in U.S. crude stockpiles helped ease worries about weakening oil demand caused by the trade war between Washington and Beijing
PETALING JAYA: Beijing’s master plan to develop Shenzhen into a world-class model city in six to 15 years is an answer to the US trade aggression on China and Hong Kong’s current political crisis, according to an analysis by state-owned Global Times.
LONDON: The world’s headlong dash to zero or negative interest rates just passed another milestone: A bank in Denmark is paying homebuyers to take out mortgages.
Political reform is slow, but there’s a swift solution to the economic inequality that has helped foment discontent
BENGALURU: Most Asian currencies weakened on Thursday as recession warnings from the U.S. bond market dented investor risk appetite, cutting short a modest respite after the United States delayed some tariffs on imports from China.
China’s 10-year sovereign bond yield fell to 3% for the first time since 2016, joining a global rally of government debt as the nation’s economy slowed and its trade dispute with the U.S. worsened.
HONG KONG: Embattled Hong Kong leader Carrie Lam said the business community was very worried about the long-term consequences of protests in the Asian financial hub.HONG KONG: Embattled Hong Kong leader Carrie Lam said the business community was very worried about the long-term consequences of protests in the Asian financial hub.
PETALING JAYA: The ongoing demonstrations in Hong Kong have resulted in a spike in interest in Malaysian property and in private international school enquiries.
Hong Kong suffered a day of tempestuous weather, grim economic news and signs that the city’s political crisis is deepening.
Hong Kong's economic growth is expected to have picked up in the second quarter, analysts say, but the outlook is being clouded by the protracted Sino-U.S. trade war and spiralling social unrest.