Tag: Asia Economy
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‘Boring is not bad’: CEO of Southeast Asia’s largest bank pitches Singapore as a haven amid global turmoil
Singapore is a bastion of safety amid global turmoil, according to the CEO of DBS.
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Singapore PM Wong rejects weaker currency as shortcut to competitiveness
Singapore Prime Minister Lawrence Wong pushed back against the idea of weakening the city-state’s currency to boost competitiveness.
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India’s retail inflation jumps to 5.54% in September, above estimates
India inflations jumps for the 11-straight month, raising prospects of a further interest rate hike
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World Bank jobs council urges ‘crisis-era’ employment support measures as IMF warns of AI ‘tsunami’
IMF Chief Kristalina Georgieva warned AI is hitting the global labor market like a “slow-moving tsunami,” with young workers entering the job market the most exposed.
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Why China is importing a record amount of gold — and what it means for prices
Beijing’s push to diversify away from the dollar and Chinese households’ search for a safe place to put their savings has fueled China’s record gold buying.
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Why Japan’s 7-Eleven store closures in India don’t signal an exit
7-Eleven store closures point to a reset of its operations in India, not to an exit.
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India calls JD Vance’s comments about immigrants ‘deeply offensive’
India calls comments of U.S. Vice President J.D. Vance about immigrants from the country “deeply offensive.”
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‘Real boss of India?’: Elon Musk takes aim at Indian billionaire Ambani as Starlink launch stalls
Musk claimed Starlink was not being allowed to launch in India despite spending five years complying with every single law and requirement of the government.
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CNBC Daily Open: Is cheap gas America’s Godot?
Trump’s pledge not to attack Iran before the midterms hasn’t shifted Kalshi traders, who still bet gas stays high on Nov. 3.
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U.S. East Asian envoy says investors are overpricing Taiwan risk
Investors are overestimating the risk of conflict across the Taiwan Strait, a U.S. diplomat says, playing up deterrence to keep Beijing from taking the island.
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