EconomyWeb | Global Economic Outlook

Asian Business

By in Asia on May 19, 2020
ASIA • Business
López Obrador faces pension funds’ ire with commissions cut plan
October 20, 2020
Legislation is part of a planned overhaul of Mexico’s retirement system
Berkshire pays $4.1m fine over Iran sanctions violation claims
October 20, 2020
Buffett’s conglomerate given rare US government penalty linked to metalworking subsidiary
Business Report
Business News
National University of Singapore president: I do not see a return to pre-Covid learning
October 21, 2020
Tan Eng Chye, president of the National University of Singapore, has told CNBC that he does not foresee a return to pre-coronavirus learning.
A Biden win could be bullish for the Chinese yuan, analysts say
October 21, 2020
A win for Democratic presidential nominee Joe Biden in the U.S. election next month could prove to be bullish for the Chinese yuan, analysts said.
Asia-Pacific markets mixed; Cathay Pacific shares in Hong Kong jump after restructuring announcement
October 21, 2020
Shares of Cathay Pacific in Hong Kong jumped 2.27% after the company on Wednesday announced that about 5,900 employees will be laid off as part of a restructuring plan. The airline's subsidiary Cathay Dragon will also cease to operate with effect from today.
Asia-Pacific stocks mixed as China keeps benchmark lending rate unchanged
October 20, 2020
China's latest one-year and five-year loan prime rates (LPRs) were left unchanged on Tuesday, in line with expectations from a majority of traders and analysts in a snap Reuters poll. At present, the one-year LPR sits at 3.85% while the five-year rate is at 4.65%.
China Business
Japan Business
India Business
Business Analysis
Jack Ma’s Ant Group Wins Approval For Dual Listing That May Raise $35 Billion
October 20, 2020
Ant Group has reportedly received approval from the Hong Kong Stock Exchange for its IPO, clearing the way for what is expected to be the world’s largest public listing.
Maria Bartiromo Takes On China In Latest Book, ‘The Cost’
October 20, 2020
Bartiromo's insiders look at a China trade deal, the media's obsession with Trump, and a trade war without end.
Professor Dave Min's State Senate Campaign Wants A Fair Economy For Everyone
October 20, 2020
A new generation of leadership is emerging in California, spurred in part by a willingness to embrace expertise to tackle policy problems as well as the region’s rapidly shifting demographics. Professor Dave Min's state senate candidacy reflects this change.