Business

On April 14, an editorial by the Wall Street Journal outlined that the Hong Kong government has taken “hostage” the pension assets of some 96,000 Hong Kongers who have moved to the United Kingdom, in what may be considered a cynical act of financial ..

An article published by the South China Morning Post on April 27 reported that a feasibility study had deemed the China-Pakistan railway, costing $58 billion, as “worth it.” This news was picked up by various media platforms in Pakistan, India, and t..

Against the backdrop of a looming debt default, the U.S. House passed the Limit, Save, Grow Act of 2023, a Republican-led bill proposing to raise the country’s borrowing limit. The 217-215 party-line vote suggests the partisan nature of the bill, the..

Bangladesh and Indonesia expect to sign a bilateral preferential trade agreement (PTA) shortly. On January 28, 2018, the two countries formed a trade negotiation committee (TNC), which has since held three meetings, with the fourth scheduled to take ..

In 2021, Indonesia launched a sovereign wealth fund – the Indonesia Investment Authority, or INA. The concept behind this fund is somewhat novel because it is unusual for a net debtor country like Indonesia to have a sovereign wealth fund. Usually, y..

Since coming to power in 2012, Xi Jinping’s administration has sought to stamp out corruption and reorder China’s political economy. But more than 10 years on, these tasks have received new urgency amid an intensifying rivalry with the United States...

On the margins of the G-20 gathering of world leaders on November 14, President Joe Biden affirmed that the United States would “compete vigorously” with China. America has its work cut out for it in the tech sector. China has spent years mobilizing ..

The Eurasian Economic Union (EAEU) is a large-scale economic cooperation initiative between several former Soviet states. It aims to create a shared market similar to the European Union and intends to accomplish this by coordinating economic agendas,..

Indonesia’s President Joko “Jokowi” Widodo says his nation will appeal a recent ruling from the World Trade Organization (WTO) that favored the European Union in a dispute over Indonesia’s ban on nickel ore exports. Speaking at an investment event in..

Chinese regulators downplayed China’s real estate slump and slowing economic growth while Hong Kong’s top leader pitched Hong Kong as a unique link to the rest of China at a high-profile investment summit Wednesday. About 200 global financial executi..

Vietnam’s government yesterday called on its largest fuel trading firms to release their stocks to the market amid dwindling supplies at petrol stations in the country’s two largest conurbations. The shortages date back several weeks, though they hav..

With the war in Ukraine raging and continuing to disrupt global supply chains, the European Union has sought to hasten negotiations of free trade agreements (FTAs) with third-party nations. One of the largest potential partner countries also remains ..