Asia Stocks Friday were Mixed Ahead of New US-China Deal
Asia Stocks were mixed on Friday as concerns pertaining to US-China new trade deal escalates. CNBC reported that some stocks mainly advanced.
Malaysia to Resolve Spat with India, Hopes RCEP Deal Pushes Through
Minister of international trade and industry Darell Leiking said Malaysia is hoping that Prime Minister Mahathir Mohamad's remarks on the Kashmir conflict won’t influence the RCEP deal. The country is working to resolve the tiff that began late last month....
Expect Major Asian Economies to Slow More than Expected – IMF
According to IMF (International Monetary Fund), it’s a gloomy outlook for major Asian economies as their growth is expected to slow more than expected. IMF released its Regional Economic Outlook report that showed ‘not too good’ numbers for Asia’s growth....
Japan Announced Trade Deficit For Third Straight Month
Japan announced data regarding its third straight month trade deficit in September. On Monday, Tokyo issued a report pertaining to its trade deficit, marking the third straight month continual trade deficit and the tenth straight month continuous deficit. The weakening-exports-induced...
Singapore Overtakes US as World’s Most Competitive Country
Singapore has taken over the United States as the world’s most competitive country, according to the World Economic Forum’s flagship Global Competitiveness Report. The report, which ranked 141 economies, revealed that Singapore scored 84.8 percent. That's slightly higher than the...
Houston Rockets GM Daryl Morey Receives Backlash Over Tweet
General manager Daryl Morey of the Houston Rockets found himself in hot water after he tweeted support for the ongoing protests in Hong Kong. Chinese social media users were quick to notice Morey’s tweet - an image that read: Fight...
Asian Stocks Fall As US Slaps Tariffs on EU Goods
The United States' announcement that it will slap tariffs on European imports worth $7.5 billion pushed Asian stocks lower on Thursday. MSCI Asia-Pacific Index, Japan’s Nikkei, and Australian shares dropped 0.78 percent, 2.20 percent, and 2.13 percent, respectively. Meanwhile, the...
Hong Kong Protesters Target Mainland and Pro-Beijing Businesses
Protesters against the Hong Kong government continued its demonstration over the weekend, showing no signs of dying down. Their sights are now on mainland Chinese business and those with pro-Beijing links. Last weekend, pro-democracy Hong Kong protesters spray-painted anti-China slogans...
Hong Kong Protests Crisis: What Now?
Even with the protest crisis that Hongkong is facing right now, American companies remain confident to invest in the country, commerce chief Edward Yau Tang-wah said. Hong Kong Human Rights and Democracy Act The U.S. companies won't lose confidence even...
Hong Kong Police Arrest Two Minors Over Weekend Protests
The pro-democracy protests in Hong Kong that started in June show no signs of stopping. Over the weekend, authorities said Hong Kong police arrested two 13-year-old including a girl accused of burning a Chinese flag. Protesters have continued their demonstrations across...
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