Seven major foreign banks’ entry to boost FDI inflow in Myanmar
YANGON -- Seven foreign banks, including Siam Commercial Bank, a top-three bank in Thailand, and Bank of China Hong Kong,...
Economic
China companies defy stimulus efforts by borrowing to save
HONG KONG -- Chinese companies are hampering official efforts to revive the economy during the coronavirus pandemic by borrowing from...
Xi fears Japan-led manufacturing exodus from China
TOKYO -- Amid the coronavirus pandemic, Japanese Prime Minister Shinzo Abe has proposed building an economy that is less dependent...
Abe warms to $900 payouts for all Japanese after missteps
TOKYO -- Prime Minister Shinzo Abe is now considering a cash handout of 100,000 yen ($930) to every citizen as a...
Grab and Gojek burn cash to keep gig drivers afloat
JAKARTA/SINGAPORE -- Grab and Gojek, the biggest on-demand mobility startups in Southeast Asia, face competing financial crosswinds as they navigate the...
Trump to announce guidelines for reopening economy Thursday
NEW YORK -- Much like the patchwork efforts made to shut down U.S. cities and states, the push to reopen...
After missteps, Abe warms to $900 payouts for all Japanese
TOKYO -- Prime Minister Shinzo Abe is now considering a cash handout of 100,000 yen ($930) to every citizen as a...
Trump vs Govs: Restarting economy will be as messy as closing it
NEW YORK -- Much like the patchwork efforts made to shut down U.S. cities and states, the push to reopen...
War of attrition: Grab and Gojek burn cash to keep gig drivers afloat
JAKARTA/SINGAPORE -- Grab and Gojek, the biggest on-demand mobility startups in Southeast Asia, face competing financial crosswinds as they navigate the...
Japan ranks below Italy and Spain in ICU bed capacity
TOKYO -- Japan risks running out of intensive care unit space in 43 of its 47 prefectures at the peak...
