Asia Economy

Consumers are starting to fire up China’s pandemic-battered economy, two ETF experts find

China’s pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares’ Brendan Ahern. “We’re seeing the…

These maps show how far China’s freight railways are stretching across Asia

BEIJING — In the last two years, China has announced the opening of new freight train lines, while cross-border railways…

HSBC defeats proposal to spin off its Asian business at contentious shareholder meeting

Banking giant HSBC on Friday defeated a proposal, backed by its largest stakeholder Chinese insurer Ping An, to consider spinning…

House China committee targets top clothing brands in forced labor inquiry

WASHINGTON — A House committee examining the U.S. government’s economic relationship with China is asking some of the world’s largest…

India’s ties with Russia remain steady. But Moscow’s tighter embrace of China makes it wary

India’s relationship with Russia remains steadfast as both sides seek to deepen their economic ties. But Moscow has also grown…

Crypto exchange owned by embattled conglomerate Digital Currency Group loses top global exec

Vijay Ayyar, a senior executive at cryptocurrency exchange Luno and one of its earliest employees, is leaving the company. Ayyar,…

Singapore’s largest lender expects net interest margins will decline, but sees other growth drivers

Singapore’s largest lender DBS Group Holdings expects net interest income to taper off in the future, but the bank is…

China says it respects ex-Soviet nations after envoy’s ‘unacceptable’ comments on sovereignty

China said Monday it respects the independence of former Soviet nations after remarks by its ambassador in France were deemed…

A recession is coming — and stock markets won’t come through it unscathed, strategist says

The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview…