Caixin PMI: China's March factory activity at its most robust in 11 months
Caixin PMI: China's March factory activity at its most robust in 11 months
China's factory activity in March expanded by its strongest pace in more than a year, a y showed on Monday, in signs of stabilizing growth in the world's second-largest economy. The Caixin/SP Global China manufacturing purchasing managers'...
2024-04-13 17:52:41
East Asia growth is outpacing the rest of the world: World Bank
East Asia growth is outpacing the rest of the world: World Bank
Growth in developing East Asia and Pacific is outpacing the rest of the world, but the region will likely see slower growth in 2024 amid headwinds in China and broader policy uncertainty, according to the World Bank. "It is a region that is...
2024-04-13 17:52:34
<b>Extreme heat: From Miami to Melbourne, a quiet revolution is underway</b>
Extreme heat: From Miami to Melbourne, a quiet revolution is underway
A quiet revolution is underway to address a widely underestimated : extreme heat. Local authorities have appointed several chief heat officers (CHOs) in cities worldwide in recent years to prepare residents for bouts of excessive heat. "The...
2024-04-13 17:52:27
Singapore convicts first suspect in record money laundering case
Singapore convicts first suspect in record money laundering case
Singapore on Tuesday sentenced the first person to plead guilty in the Southeast Asia island-state's biggest money laundering scandal to a 13-month imprisonment. Cambodian national Su Wenqiang had faced 11 charges relating to forgery and la...
2024-04-13 17:52:21
<b>Biden and Xi Jinping hold phone call ahead of Yellen's trip to China</b>
Biden and Xi Jinping hold phone call ahead of Yellen's trip to China
President spoke with Chinese President on the phone for nearly two hours Tuesday, a call the White House described as a way for the two leaders to "check in" and responsibly manage the strained U.S.-China relationship. "Intense competition...
2024-04-13 17:52:15
<b>U.S. loses its spot to China as Southeast Asia's most favored ally, survey shows</b>
U.S. loses its spot to China as Southeast Asia's most favored ally, survey shows
A majority of Southeast Asians would align with China and not the U.S. if forced to pick sides, though some countries that feel threatened by Beijing's South China Sea claims still prefer Washington, . This is the first time Beijing has edg...
2024-04-13 17:52:08
Here's who Treasury Secretary Janet Yellen is going to meet in China
Here's who Treasury Secretary Janet Yellen is going to meet in China
BEIJING — U.S. Treasury Secretary Janet Yellen was scheduled to arrive in China on Thursday ahead of four full days of meetings with Chinese officials. It's her second trip to the country , as the U.S. and China seek to increase high-leve...
2024-04-13 17:52:02
Yellen: U.S. ready to sanction China for supporting Russian military
Yellen: U.S. ready to sanction China for supporting Russian military
The United States is prepared to Chinese banks and companies, as well as Beijing's leadership, if they assist Russia's armed forces with , U.S. Treasury Secretary said Monday. "We stand ready to act if we see significant violations, especia...
2024-04-13 17:51:55
Tenth consecutive monthly global heat record shocks climate scientists
Tenth consecutive monthly global heat record shocks climate scientists
Scientists on Tuesday confirmed that last month was the hottest March on record, extending an extraordinary run of global heat that has renewed calls for an urgent reduction in planet-warming greenhouse gas emissions. The European Union's C...
2024-04-13 17:51:49
Vietnamese real estate tycoon sentenced to death in fraud case
Vietnamese real estate tycoon sentenced to death in fraud case
The Vietnamese property tycoon Truong My Lan was sentenced to death on Thursday for her involvement in the country's biggest financial fraud case, state media outlet Thanh Nien . Lan was found guilty of embezzlement, bribery and violating b...
2024-04-13 17:51:42
Japanese PM Kishida says the U.S. must play leading role in the world
Japanese PM Kishida says the U.S. must play leading role in the world
Japanese Prime Minister urged the U.S. Thursday to continue playing a leading role in the world as it faces threats to democracy and the economic order. Kishida told lawmakers at a joint meeting of Congress that the world is at a pivotal mo...
2024-04-13 17:51:35
<b>Biden’s China tariff threats are more bark than bite, economists say</b>
Biden’s China tariff threats are more bark than bite, economists say
The administration this week sent several signals of a toughening U.S. economic strategy against . On Wednesday, met with Japanese Prime Minister Fumio Kishida in Washington, D.C., to announce bolstered military collaboration between the tw...
2024-04-13 17:51:28
BOJ juggles yen weakness and fragile growth after GDP surprise
BOJ juggles yen weakness and fragile growth after GDP surprise
Japan's central bank is expected to exit its negative interest rate regime this spring, though sluggish growth will limit its ability to alleviate depreciation pressure on the yen, according to a former Bank of Japan board member. BOJ Gover...
2024-03-07 10:53:26
China boosts property funding with first cut in key loan rate since June
China boosts property funding with first cut in key loan rate since June
China's lenders cut the country's benchmark five-year loan prime rate for the first time since June, extending Beijing's efforts to revive the country's anemic property market. The Chinese central bank kept its one-year loan prime rate —...
2024-03-07 10:53:20
Japan's Nikkei hits all-time high on reforms, robust corporate earnings
Japan's Nikkei hits all-time high on reforms, robust corporate earnings
Japan's Nikkei 225 hit a record high Thursday, powered by banking, electronics and consumer stocks as robust earnings and investor-friendly measures fuel a blistering rally in Japanese equities this year. The jumped nearly 2% to hit 39,029,...
2024-03-07 10:53:14