Browsing: Asia Economy

BANGKOK – U.S. officials pressed Beijing on market access issues for Mastercard Inc and Citigroup Inc during at least two bilateral meetings with Chinese counterparts in Bangkok this week, according to a U.S. Treasury official. 

SINGAPORE — Southeast Asia's biggest bank by assets is making a pitch to investors that Singapore and its businesses can help them navigate many of the uncertainties around the globe.

SINGAPORE — The technology that investors and governments are counting on to lift the global economy is also adding pressure that threatens growth, the head of the International Monetary Fund said, urging policymakers to stop delaying painful choices on debt.

Diesel prices may need to remain high through 2027 as refinery constraints contend with recovering consumption from governments and companies rebuild depleted inventories, according to Goldman Sachs.

Surging artificial-intelligence capabilities and declining attention spans have Chinese producers flooding the zone with short-drama films to see which ones take off.

Alibaba shares plunged as much as 10% in Hong Kong on Monday after the Chinese tech giant priced an 80 billion Hong Kong dollar ($10.20 billion) placement of newly issued shares to non-U.S. investors. 

Shares of Pop Mart fell over 4% in Hong Kong on Friday after the Labubu maker reported first-half results that showed declining sales in Asia-Pacific and the Americas.

Samsung Electronics has announced a shareholder return package, marking a blockbuster week for shareholder returns among South Korea's chip giants following SK Hynix's share buyback.