Japan economic stimulus seen topping $265b
Japan is considering an economic stimulus package worth more than 30 trillion yen ($265 billion) aimed at easing the pain from the Covid-19 pandemic, a plan that would require issuing new debt,...
Asian markets mixed as inflation plays against recovery optimism
Asian markets were mixed Monday as long-running concerns about inflation offset forecast-busting economic data out of the United States and China, while tourism-linked firms rallied on optimism...
China’s daily coal output near annual high
China’s daily coal output hit 11.67 million tonnes on November 2, rising around one million tonnes from early October, close to a record high this year amid a raft of measures to ramp up production...
Taliban bans Afghans from using foreign currencies
Afghanistan’s Taliban government announced a ban on the use of foreign currencies on Tuesday, threatening further disruption to an already ailing economy.
Taiwan to woo backers at APEC for bid to join Pacific trade pact
Taiwan will seek support for its bid to join a trans-Pacific trade pact when it attends a meeting of economic leaders of the Asia-Pacific group APEC next week, President Tsai Ing-wen said on Tuesday.
Vietnam calls for domestic coal production boost
Against a backdrop of global calls to phase out fossil fuels to help reduce global greenhouse emissions, Vietnam wants to boost domestic coal production as it grows more reliant on imports.
HSBC chief Quinn says bank’s lows ‘are behind us’
HSBC is emerging from its coronavirus and restructuring troubles to become more reliably profitable, boss Noel Quinn said Monday as he announced the start of a $2 billion share buyback.
US bans Malaysian firm’s gloves over forced labour
The United States has barred imports from a Malaysian latex glove maker over alleged labour abuses, the latest firm from the country to face such a ban.
Afghanistan’s economic collapse could prompt refugee crisis: IMF
Afghanistan’s economy is set to contract up to 30 per cent this year and this is likely to further fuel a refugee crisis that will impact neighbouring countries, Turkey and Europe, the...
Liquidity needed to stem Afghanistan economic crisis: UN chief
The international community must find ways to inject cash directly into Afghanistans economy to avert its total collapse as a growing humanitarian crisis impacts half the population, UN Secretary...