Two sessions’ 2024: China signals more fiscal pump-priming for the economy
Politburo vows to make the policy environment ‘transparent and predictable’ at meeting on Thursday The message comes amid lingering weak expectations about the business climate of the world’s second largest economy
Singapore’s plan for flight levy linked to green fuel adoption unlikely to dent air travel demand
The levy comes as Singapore mandates a proportionate increase of sustainable aviation fuel used by airlines over the next few years For a short-haul flight to a destination such as Bangkok, the levy is expected to cost US$2.23 for an economy-class fare,...
Hong Kong allocates $383 million for Cyberport AI scheme .
The program intends to help local universities, research institutes and businesses use the AI Supercomputing Center’s computing capabilities.
Malaysia ringgit poised for strong rebound to 4.5 versus US dollar by year-end, Minister Amir says
Second Finance Minister Amir Hamzah Azizan’s forecast comes on the back of Malaysia’s stronger economic outlook and benign inflation The ringgit recovered slightly to 4.76 against the greenback on Thursday after it fell to a 26-year low of 4.8 last week
Neom, Saudi Arabia’s crown jewel of innovation, has just lifted the veil on Elanan, a visionary wellness sanctuary that redefines luxury. With 80 custom rooms, endless infinity pools, a welln
Neom City welcomed another heavenly retreat, Elanan, that amalgamates luxury, well-being, and innovation. Enveloped by mesmerizing nature, the latest addition to Neom on the pristine Gulf of Aqaba coastline will be remembered in a cluster of charming deve...
Next stop: Serbia? Chinese President Xi Jinping expected to visit Europe on trust-building tour
Amid strain over Ukraine war, China-US tension and trade rows, analyst says a potential Europe trip by Xi may help two sides reduce ‘misperceptions’ Trip has not been confirmed by Beijing and no official itinerary announced but speculation suggests Xi ma...
Japan Likely To Take Action, Cautions Against More Fluctuations In Yen, Says Report
The Japanese government is reportedly prepared to take necessary measures to prevent unrestrained fluctuations in the country's currency after it plummeted to recent lows.
BYD Unloads 3,000 Electric Cars In German Port, Says Report
Around 3,000 cars were reportedly unloaded by China's BYD in the German port of Bremerhaven on Monday, as the world's largest electric car manufacturer plans to expand its operations into the European market.
Saudi Arabia's PIF Concludes $5B Bond Offering
Saudi sovereign wealth fund Public Investment Fund (PIF) has closed a $5 billion Regulation-S bond offering, after finalizing its pricing, as part of its established Euro Medium-Term Note Program.
BYD's Vehicle Sales Jump 62% To 3M Units In 2023
Chinese auto giant BYD said Monday its vehicle sales jumped 62.2% to 3.02 million units in 2023.
Saudi's PIF Acquires 10% Stake In Heathrow Airport From Spain's Ferrovial
Saudi Arabia's PIF has finalized a deal to acquire a 10% stake in Heathrow Airport Holdings from Spain's Ferrovial.
