Green Asia

Thai exports seen down 1% this year, up 1%-2% in 2024

BANGKOK : Thailand’s exports are expected to fall 1 per cent this year, versus a previous forecast for a drop…

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Exclusive-JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan – sources

HONG KONG : JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and…

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Investors in China’s lagging markets to play defence in 2024

HONG KONG : Investors in Chinese stocks next year will be seeking out businesses with global reach or other insulation…

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China car sales expected to rise 3% in 2024 -industry association

BEIJING : China’s car sales are forecast to reach about 31 million units in 2024, up 3 per cent from…

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Yen hands back gains, dollar waits on CPI

SINGAPORE : The yen nursed losses on Tuesday as traders walked back expectations for a Japan rate hike, while the…

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Japan wholesale inflation slows sharply in November on easing cost pressure

TOKYO : Japan’s wholesale prices rose 0.3 per cent in November from a year earlier, data showed on Tuesday, slowing…

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CNA Explains: Why the price of gold has surged and where it could go from here

Will prices remain elevated? Since the high of Dec 4, the price of gold has gradually declined. As of Monday, it…

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Oracle misses revenue estimates on weak cloud spending, shares fall

:Oracle missed estimates for second-quarter revenue on Monday, as an uncertain economy and competition in the cloud computing market weighed…

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Storm hitting Chinese ports is a wakeup call for climate risk to markets

DUBAI : As Typhoon Doksuri aimed toward mainland China, major southeast ports were forced to turn away dozens of vessels…

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US in talks with Nvidia about AI chip sales to China – Raimondo

NASHUA, New Hampshire : The Biden administration is in discussions with Nvidia Corp about permissible sales of artificial intelligence chips…

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