South Korea economic growth slows on supply snags, Covid-19 curbs
SEOUL (BLOOMBERG) – South Korea’s economic expansion cooled last quarter as global supply chain snags dragged down investment and a renewed virus outbreak weighed [...]
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China economy showing strain from property to energy crises
BEIJING (BLOOMBERG) – China’s economy is being hit from all sides – a property slump, energy crisis, weak consumer sentiment and soaring raw [...]
World Bank says Delta variant slowing economic growth in East Asia and Pacific
BENGALURU (REUTERS) – The East Asia and Pacific region’s recovery has been undermined by the spread of the Covid-19 Delta variant, which is [...]
Japan cuts economic view on weaker production, spending due to Covid-19 resurgence
TOKYO (REUTERS) – Japan cut its economic view for the first time in four months as a surge in Covid-19 cases disrupted manufacturers’ [...]
S'pore can seize opportunities in increasingly digital, green and borderless world: Gan Kim Yong
SINGAPORE – The Republic stands to gain from the new opportunities offered by the worldwide shifts caused or accelerated by the coronavirus pandemic, [...]
IMF urges countries to shift from economic rescue to reforms
WASHINGTON (REUTERS) – The International Monetary Fund’s No. 2 official on Tuesday (July 20) called on countries to pivot from saving their economies [...]
World Bank trims growth forecast for East Asia, Pacific excluding China
MANILA (REUTERS) – The East Asia and Pacific region, excluding China, is expected to grow 4 per cent this year, World Bank president [...]
Home workers questioning jobs, supply chain havoc weigh on French recovery
AIX-EN-PROVENCE (REUTERS) – A shortage of qualified workers, doubts raised by working from home and supply chain havoc are proving problematic for some [...]
Half of S'pore worry over job prospects; 7 in 10 identify as working or lower-middle class
SINGAPORE – More than half of Singapore’s residents are concerned about their job security, employment prospects and children’s future, according to a study [...]
Business is brisk for Taiwan's chip industry despite Covid-19
TAIPEI – Taiwan’s semiconductor industry has long been hailed as the island’s “sacred mountain”, shielding it from setbacks as a result of geopolitical [...]