China’s regulator warns of rising bad loans
Chinese banks are facing the threat of rising bad loans in the future as the current economic recovery is unbalanced and lacks a solid foundation, the country’s top banking and insurance watchdog...
Singapore economy to get back on track after Q2 stumble
Singapore’s economy contracted in the second quarter after battling new outbreaks of Covid-19 but economists expect it to get back on track quickly as global growth picks up and vaccination rates...
China central bank says macro policy will depend on domestic conditions
China will base the pace and intensity of monetary policy on the domestic economy and inflation trends in the second half of the year, a central bank official said on Tuesday, following a surprise...
Nepal's Supreme Court reinstates parliament; orders new PM to be appointed
Nepal's Supreme Court has reinstated its parliament, which was dissolved by caretaker Prime Minister KP Sharma Oli in May, and ordered that his rival Sher Bahadur Deuba be appointed as prime...
Telenor sells Myanmar operations to M1 Group
The Norwegian telecoms company Telenor, one of the biggest carriers in Myanmar, said Thursday it has agreed to sell its entire operations in the country to the M1 Group, a Lebanese-based investment...
Hundreds of Afghan security personnel flee into Tajikistan as Taliban advances
More than 1,000 Afghan security personnel fled across the border into Tajikistan on Sunday following Taliban advances in northern Afghanistan, the Tajik border guard service said.
After pressuring telecom firms, Myanmar's junta bans executives from leaving
Senior foreign executives of major telecommunications firms in Myanmar have been told by the junta that they must not leave the country without permission, a person with direct knowledge of the...
'What was the point?' Afghans rue decades of war as US quits Bagram
As American troops left their main military base in Afghanistan on Friday, marking a symbolic end to the longest war in US history, locals living in the shadow of the base and in nearby Kabul were...
Cathay Pacific forecasts reduced monthly cash burn in H2
Hong Kong’s Cathay Pacific Airways Ltd expects to reduce its cash burn to less than HK$1 billion ($128.84 million) a month in the second half of the year, its chief financial officer said.
China doesn't consider India a strategic rival: Ambassador Li Jiming
Chinese Ambassador to Bangladesh Li Jiming has emphasised that China never takes India as a “strategic rival”, rather they consider India to be a good neighbour.