Tag: Asia Economy
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Indonesia’s new finance minister faces an uphill battle on fiscal credibility
Nazara, sworn in hours after Purbaya’s dismissal, spent seven years as deputy finance minister and led the ministry’s fiscal policy agency from 2015 to 2019.
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BOJ expected to hike rates by 25 basis points to fresh three-decade high: CNBC survey
The BOJ is expected to hike rates by 25 basis points to a fresh three-decade high, a CNBC survey shows.
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Japan’s trade deficit widens as oil costs bite, export growth slows for the first time in six months
Shipments from Japan grew 19.3% year on year in August, compared to the 18.2% expected by economists polled by Reuters.
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Inside South Korea’s university programs offering a direct route to Samsung and SK Hynix
Companies are helping universities develop courses, provide financial support and create pathways through which qualifying students can join them.
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Why de-dollarization discussions are more talk, less action
BRICS leaders have asserted the need to use local currencies in intra-BRICS trade to cut dependency on dollar.
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Oil’s next test: Saudi Arabia races to restore a key safety valve for prices
Analysts warn oil prices could rally sharply if the pipeline remains offline beyond an estimated five-to-seven-day inventory cushion.
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Wealthy Chinese, tech talent confront tighter borders as Beijing widens exit controls
China’s new border-control regulations are designed to keep two of its most valuable assets from leaving the country: money and talent.
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India’s inflation rises to 4.82% in August, marginally exceeding forecasts
India’s inflation in August accelerated for the tenth month straight to 4.82% in August amid rising food and fuel prices.
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Shein shares fall 10% amid urgent recall of contact-lens cleaner by Australia, New Zealand
Shein’s Hong Kong-listed shares fell as much as 10%, amid news that a contact lens product has been recalled urgently due to worries of contamination.
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Cadbury cut two months off its supply chain lead time for a key chocolate-bar ingredient in one move
Mondelez is expanding its chocolate manufacturing operations in Malaysia, with the company also seeing further room for growth across Southeast Asia.
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