Asian Tourism Stocks Rise as Pandemic Travel Restrictions Ease
Asia’s tourism and consumer stocks rose amid optimism more Chinese will travel as pandemic-related restrictions ease.
Asia’s tourism and consumer stocks rose amid optimism more Chinese will travel as pandemic-related restrictions ease.
India approved its largest ever hydropower project in the mountainous northeastern region bordering China as the country seeks to build renewable generation to meet rising power demand.
Sri Lanka allowed its currency to trade in a wider band, stepping up efforts to secure a $2.9 billion International Monetary Fund bailout. The rupee advanced.
Hong Kong will stop requiring masks to be worn in public places from Wednesday, drawing to a close the prolonged Covid era that damaged its economy and standing in the world.
Goldman Sachs Group Inc.’s digital-asset team signaled it’s open to bolstering staff strength and flagged the potential for blockchain technology to improve the functioning of markets such as private equity.
Thailand kicked off an international military exercise with the biggest US attendance in a decade as Washington seeks to build on ties with a key security partner at a time of rising global geopolitical competition with Beijing.
Private equity firm Navis Capital Partners is considering selling its Michelin-starred Chinese restaurant chain Imperial Treasure, according to people with knowledge of the matter.
When China’s leaders gather in Beijing for the annual parliament next week, one of the biggest economic risks they’ll need to tackle is the mounting debt of provinces.
(Bloomberg) — The European Central Bank might hold borrowing costs at a high level for some time once they reach their peak, according to Chief Economist Philip Lane.
Pakistan’s central bank will bring forward its interest rate review by two weeks to March 2 as the government seeks to meet conditions of a $6.5 billion bailout from the International Monetary Fund.