Indonesia's central bank kept its policy rates unchanged on Tuesday, and signalled it would leave them at a record low until at least the end of the year to support the economic recovery.
Indonesia's central bank left its benchmark policy rate at a record low on Tuesday, seeking to maintain support for Southeast Asia's biggest economy while ensuring stability in financial markets amid the risk of outflows.
AS CRYPTOCURRENCIES and their underlying blockchain technology edge into mainstream finance, several red flags still stand. These are likely to impede in widespread market adoption.
AS CRYPTOCURRENCIES and their underlying blockchain technology edge into mainstream finance, several red flags still stand. These are likely to impede widespread adoption.
BEIJING: China's market regulator has begun an investigation into suspected anti-competitive practices by KE Holdings, the country's biggest housing broker whose top backer is Tencent Holdings, two people who know of the matter said. The investigation is the latest into China's big so-called ...
Chinese tech giant Huawei on Tuesday said it would launch a long-awaited new operating system for smartphones next week, part of an all-out push into the software industry aimed at weathering US sanctions and taking on Google's Android.
For any country, hosting the Olympics is a major deal, both politically and economically. Yet, in a world ravaged by the COVID-19 pandemic, going ahead with the Tokyo Games is starting to look like a dangerous gamble on both counts.
Japan stands to lose 1.8 trillion yen (US$16 billion) if the Olympics were cancelled, but that would pale in comparison to the economic hit from emergency curbs if the Summer Games turned into a super-spreader event, a top economist estimated.
HONG KONG: Hong Kong leader Carrie Lam on Tuesday (May 25) defended Hong Kong as an attractive place for businesses, after a recent survey found foreigners were considering leaving the longtime Asian business hub. Hong Kong has long been seen as one of the best places to do business globally...
India is preparing an economic stimulus package for the sectors worst affected by COVID-19, Bloomberg reported on Tuesday, citing people familiar with the matter.
