Singapore’s move to double property taxes for foreigners signals that policy makers are growing more cognizant of surging money inflows from wealthy Chinese, even though the higher rates are unlikely to cool home prices.
BYD Co. reported another stellar quarter of earnings on the back of booming electric-vehicle sales that has propelled the company past Volkswagen AG to become China’s top-selling car brand.
South Korean President Yoon Suk Yeol rose to the presidency making the case for closer ties with the US. On Thursday, he brought his case to US lawmakers — and found a receptive audience.
The top US trade official is more focused on the distortions to the American economy caused by China’s nonmarket policies than certain violations of a trade agreement between the two countries.
Inflation in Tokyo unexpectedly gained renewed upward momentum, pointing to a stronger-than-thought underlying price trend as the Bank of Japan prepares to release its latest inflation projections at Kazuo Ueda’s first monetary policy meeting as governor.
Singapore home prices rose for a 12th straight quarter, bucking a global housing slowdown and prompting authorities to raise property taxes on foreign buyers to cool the market.
Hong Kong is burning through a closely-watched component of its monetary base to ward off attacks on its dollar to little avail, with the lack of reaction in money markets likely to keep the pressure on the beleaguered currency.
In Ebetsu and a handful of other municipalities, women are finding success in races long dominated by men.
Former Vice President Mike Pence testified before a federal grand jury investigating the plot to overturn the 2020 presidential election, giving him the opportunity to deal his former boss Donald Trump a major blow as they head toward a possible face-off in next year’s GOP nominating contest.
British musician Ed Sheeran took the witness stand in New York to defend himself from claims he stole from a classic Marvin Gaye song when he wrote his Grammy-winning hit “Thinking Out Loud,” ending the day by picking up a guitar and singing to the jury.
