Bangladesh’s equity market deserves more attention from global investors as rising consumption and foreign investments boost the outlook for corporate earnings, according to HSBC Holdings Plc.
Chinese consumers are tightening their belts across sectors from beauty products to jewelry, though are still spending big on restaurants, as a list of headwinds signal growing uncertainty about the outlook for the world’s second-biggest economy.
Indian and Chinese army commanders agreed to work swiftly toward easing a border dispute, setting the stage for Prime Minister Narendra Modi and President Xi Jinping to potentially meet at key summits in the coming weeks.
China’s abrupt decision to pause releasing data on its soaring youth jobless rate this week was the latest sign the Asian giant is increasingly restricting sensitive information — especially when it’s unflattering to the nation’s faltering economy.
Hong Kong saw its biggest net outflow of residents since the beginning of the Covid pandemic, the latest sign that the city is far from regaining its mantle as a business hub and tourist destination.
China home prices dropped for a second month in July, a further sign of the deepening property downturn that’s weighing on the world’s second-largest economy.
Myanmar expects rice exports to surge in coming months as curbs on Indian sales and a spike in Thai and Vietnamese prices force buyers to hunt for other origins.
Singapore needs to be mindful about not burning through reserves, Prime Minister Lee Hsien Loong said, citing risks from the recent trend of spending outpacing the government’s revenue growth.
Sea Ltd. fell its most ever after reporting disappointing revenue and outlining plans to increase investment in e-commerce, a strategic shift that could erode margins and trigger a price war with TikTok and Alibaba.
The rally in equities is set to grind to a halt as investors come to grips with slowing US growth, and seasonal factors are likely to compound the selling pressure, according to Vantage Point Asset Management.
