Asia Economy
- Banking
China’s economy may be ‘struggling’ — but it’s ‘not in serious trouble,’ says economist
The Chinese economy is “struggling” for now — but it’s “not in serious trouble,” according to Derek Scissors chief economist…
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India’s central bank pivots focus from growth to fighting inflation as prices rise
Customers browsing through goods at a store on the outskirts of New Delhi, India, in February as prices continue to…
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Investor Kyle Bass: Globalization isn’t over, just don’t invest in countries run by despots
Kyle BassThe Russia’s unprovoked war against Ukraine is not a death knell for globalization but should be a wake-up call…
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Citi to sell consumer business in Malaysia, Indonesia, Thailand and Vietnam to UOB Group
A Citibank branch in New York, U.S., on Friday, Jan. 7, 2022. Victor J. Blue | Bloomberg | Getty Images…
Read More » - Personal Finance
Monthly child tax credit payments will expire at the end of the year if Congress doesn’t act
DjelicS | E+ | Getty Images For 35 million families with 65 million kids that have relied on monthly child…
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European stocks set for higher start to the week as monetary policy decisions take center stage
LONDON — European stocks look set to start the week higher as attention shifts from the omicron Covid variant to…
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Higher inflation may be ‘more entrenched’ than transitory, CEO of major Asian bank says
SINGAPORE — There are signs that higher prices will become “more entrenched” and harder to reverse, according to the chief…
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Shares of Singapore’s top banks jump ahead of third-quarter earnings
View of the Singapore Central Business District. Suhaimi Abdullah | Getty Images News | Getty Images SINGAPORE — Shares of…
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British fintech firm Revolut is laying the groundwork for an expansion into India
The Revolut logo displayed on a smartphone and a PC screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty…
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Major Asian bank says it’s not practical to cut off clients with coal exposure in the short term
SINGAPORE — Singapore’s largest bank DBS Group Holdings said it’s not practical to cut off clients with coal exposure in…
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