Asia Economy

Malaysia is facing inflation and the government is putting in place measures to control rising food prices, the country's domestic trade and consumer affairs minister told CNBC.Given the global trend, "we are going to be affected by…
Read More...

The International Monetary Fund has warned of further turbulence ahead for financial markets, particularly as governments around the world shift gears into recovery mode.Central banks' moves to tighten monetary policy and curb rising…
Read More...

There's tremendous value in some Chinese tech stocks, says Primavera CapitalShares of large Chinese tech companies are currently "just so depressed" and "dirt cheap," said Fred Hu, founder and chairman of Primavera Capital.The Hang Seng…
Read More...

Residents line up for mass Covid-19 testing on Jan. 9, 2022, in Tianjin, after the municipality reported 20 news cases over the weekend.Feature China | Future Publishing | Getty ImagesBEIJING — China's zero-Covid policy for controlling…
Read More...

South Korea's November inflation misses expectationsSouth Korea's annualized inflation for November came in at 5%, lower than estimates of 5.1% surveyed in a Reuters poll.The latest reading marks slight easing from 5.7% in October and…
Read More...

China's exports and imports drop more than expectedChina's dollar-denominated exports fell 8.7% in November on an annualized basis, declining more than expectations of a 3.5% drop, according to analysts in a Reuters poll.Imports in…
Read More...

Anwar's pick for deputy prime minister contradicts his campaign message: BowerGroupAsiaMalaysian Prime Minister Anwar Ibrahim and Pakatan Harapan, the coalition he leads, "contradicted their campaign message of fighting corruption" by…
Read More...

China's National Health Commission releases guidelines for treating Covid at homeChina's health authorities announced guidelines for treating Covid patients at home on Thursday, a day after formalizing a policy that allows most infected…
Read More...

View of the Hong Kong skyline from Hong Kong Island.Ingo Schulz | imageBROKER | Getty ImagesPrices of Hong Kong's residential properties plunged to a near five-year low as rising interest rates and a mass exodus of expat workers drove…
Read More...

Bank of Korea hikes rates by 25 basis points, meets expectationsThe Bank of Korea raised its benchmark interest rate by 25 basis points to 3.25%, a smaller hike than its previous move and widely in line with expectations.A Reuters poll…
Read More...