(Bloomberg) — Prime Minister Narendra Modi’s goal of making India the world’s factory risks being held back by the country’s inability to attract bigger container ships due to inadequate port infrastructure.
The question was about migration. But Mexican President Andres Manuel Lopez Obrador had a lot to say on just about everything else.
Investment in India’s short-tenor credit may boost returns from as early as next month, with rate-setters coming close to the end of their monetary tightening cycle, according to IDFC Asset Management Company Ltd.
All airport travelers in the US should “immediately” be required to undergo identity checks by the Transportation Security Administration after the discovery of vulnerabilities in the biometric vetting service operated by Clear Secure Inc., lawmakers said in a December letter.
(Bloomberg) — Debt-heavy Asian companies are headed for a reckoning this year when $314 billion of bonds come due, just as refinancing costs for lower-rated firms have risen close to historic highs.
(Bloomberg) — South Korean unemployment climbed in December in a sign that rising interest rates and fallout from a tragic crowd-crush are weighing on consumption and the broader labor market.
China’s new regulation to increase scrutiny of companies’ foreign debt will become effective Feb. 10 in the market’s biggest overhaul since 2015.
Uniqlo-owner Fast Retailing Co. will raise annual pay for full-time employees in Japan by as much as 40%, seeking to retain and motivate staff as the nation faces the fastest pace of inflation in decades.
A Chinese quantitative hedge fund and an unidentified employee donated 359 million yuan ($53 million) to charity last year, upping its philanthropic efforts as Beijing pushes firms to do more in the name of “common prosperity.”
The worst may be over for some of China’s most cash-strapped firms, as signs grow that their access to financing is improving with Beijing’s pledge to support the private sector and alleviate a housing crisis.
