Japanese trading houses rise as Warren Buffett raises stakes and says he may buy more
Shares of Japanese trading houses rose on Tuesday after Warren Buffett, chairman and CEO of Berkshire Hathaway, raised his stakes in…
Commerce officials heading to China to lay groundwork for possible Raimondo trip later this year, sources say
Senior officials from the Department of Commerce will be traveling to Beijing and Shanghai next week as part of an…
IMF says U.S-China tensions could cost the world about 2% of its output
The International Monetary Fund said in a Wednesday report that global tensions could disrupt overseas investment and eventually lead to…
China’s banking troubles are not the same as Silicon Valley Bank, economist says
BO’AO, China — China’s small banks have problems — but they don’t carry the same risks as those exposed by…
U.S.-China tech rivalry will continue to put Chinese firms under intense scrutiny
Chinese companies will continue to face intense scrutiny as U.S.-China tensions and competition won’t be easing anytime soon, one analyst…
U.S.-China relations are going downhill with ‘no trust’ on either side, Stephen Roach says
Relations between the U.S. and China are on a “dangerous” path with “no trust” on either side, political observers told…
Private equity deals in Asia plunged 44% in 2022. More uncertainty may be ahead
Asia-Pacific’s private equity market plummeted last year — as investors’ appetite for risk fell in the face of inflation and…
Asia’s regulators say banking system is robust and stable after UBS-Credit Suisse takeover deal
Regulators in Asia issued reassuring statements Monday that their banking systems remained robust and stable after Swiss banking giant UBS…
OECD says global economic outlook ‘slightly better’ for 2023 but inflation risks linger
OECD Secretary-General Mathias Cormann said the global economic outlook is “slightly brighter” this year but inflation challenges remain. “The outlook…
