East Asia

Japan’s Q2 GDP growth revised down; softer consumption to test BOJ policy

JAPAN ’S economy grew at a slightly slower pace than initially reported in the second quarter, hurt by downward revisions…

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Bund Summit discusses ways to navigate changing world

With inflation in the eurozone currency bloc dropping from over 9 percent in August 2022 to a projected 2.2 percent…

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China’s halt of foreign adoptions leaves questions about pending cases

BEIJING: The Chinese government is ending its intercountry adoption program, and the US is seeking clarification on how the decision will…

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US warns against Nippon merger with US Steel, citing China steel glut

NIPPON Steel’s proposed US$14.9 billion takeover of U.S. Steel would create national security risks because it could hurt the supply…

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China merges two brokerages to create 1.6 trillion yuan giant

CHINA is combining two of its largest state-backed brokerages to create a new behemoth as it seeks to consolidate the…

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Peng Liyuan, spouses of African leaders attend themed conference

During the 2024 Summit of the Forum on China-Africa Cooperation, a conference themed “Join hands to empower women through education…

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2024 Bund Summit: Navigating the changing world

The 2024 Bund Summit, focusing on current issues in global finance, digital and green finance, commenced on Thursday in Shanghai.…

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Bund Summit: Navigating a changing world through connectivity

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China’s state-owned banks face thinner margins amid Beijing’s call to support economy

“In the second half of the year, bank profit margin NIM will be under further pressure if the loan prime…

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Malaysia’s ‘China plus one’ gold rush stumbles over a US tariff threat

The Shanghai-headquartered company’s pullback followed accusations from Washington that Chinese firms were evading tariffs by relocating operations to Southeast Asia…

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