Indonesia Seeks to Win EV Race With 0% Export Duty, No Sales Tax
Indonesia is said to be planning more tax incentives to attract global electric-vehicle producers, seeking to bolster its
2023-08-11 18:28
China Loans Plunge to 14-Year Low, Adding to Deflation Risk
Chinese banks extended the smallest amount of monthly loans since 2009 in July, a further sign of weak
2023-08-11 18:19
Disappointing China Loans Is a Cry for More Easing, Analysts Say
The plunge in China’s new loans in July is reinforcing fears of deflation and a worsening economic slowdown,
2023-08-11 18:17
Turkey Posts First Current-Account Surplus in Almost Two Years
Turkey’s current account moved into surplus for the first time in nearly two years, as a boom in
2023-08-11 15:49
UK Economy Stronger Than Expected After Coronation Holiday
The UK economy grew more strongly than expected in the second quarter after activity roared back in June
2023-08-11 14:19
Britain’s Gen Z Workers Seek Lower Stress Jobs Over the Hustle
Gen Z workers in the UK are increasingly searching for less stressful jobs that still pay a reasonable
2023-08-11 12:24
China to Shift $139 Billion of Troubled LGFV Debt to Provinces
China will allow provincial-level governments to raise about 1 trillion yuan ($139 billion) via bond sales to repay
2023-08-11 11:59
Country Garden’s Losses Fan Worst Fears on China Property Market
Less than two years after China Evergrande Group’s default sent shockwaves around the world, an even larger Chinese
2023-08-11 11:49
China’s Once-Top Builder Turns Into Penny Stock Amid Debt Woes
Country Garden Holdings Co., formerly China’s largest developer by sales, has become a Hong Kong penny stock amid
2023-08-11 10:18
Philippine Central Bank Head Cautions Against Quick Policy Pivot
Philippine central bank Governor Eli Remolona warned against “sudden reversals” of monetary policy when asked about the possibility
2023-08-11 09:29
Sliding Aussie Seen Stoking Prices as Shock-Absorber Fades
Australia’s depreciating currency, historically a boon for the world’s 12th largest economy, appears more likely to fuel inflation
2023-08-11 09:21
RBA’s Lowe Keeps Door Open to Further Hike, Eyes Services Prices
Australia’s central bank is keeping its options open on further policy tightening as it studies which way services
2023-08-11 08:22