News & Insights Across Asia
Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
China’s real estate industry is thriving as new policies boost growth, especially in big cities like Chengdu. CGTN’s Zheng Songwu reports on the positive impact and renewed optimism in the property market.
Shanghai will host the 7th China International Import Expo from November 5 to 10, welcoming participants from 152 countries and aiming to boost global trade, with prior expos facilitating $420 billion in deals.
At Sibos 2024 in Beijing, Standard Chartered CEO Bill Winters highlights a new era for global payments, emphasizing the rise of the renminbi and the evolving financial landscape.
According to the IMF’s latest World Economic Outlook, the global economy is projected to grow at 3.2% in 2024 and 2025, indicating sustained global economic expansion.
Discover how SWIFT powers global cross-border payments, connecting over 11,000 institutions across more than 200 countries and regions.
At the Sibos 2024 Conference, Miro Kolesar, VP of the Bank of Nanjing, emphasized the vital role of China’s banking sector in promoting high-quality economic growth and restructuring.
China’s central bank has launched the first SFISF operation, executing a 50 billion yuan swap to bolster market stability, marking a significant step in supporting the healthy development of China’s capital market.
BRICS’s expanding influence appeals to Global South nations by offering tangible benefits, says South African expert Zukiswa Roboji, highlighting the bloc’s role in empowering emerging economies.
China’s foreign exchange market transactions surged 10.1% in the first three quarters, reaching $30.27 trillion, reflecting strong resilience and balanced cross-border capital flows.
With new members joining, BRICS now represents nearly half the world’s population, boosting its influence in the global economy.
Saudi Arabia aims to attract five million visitors from the Chinese mainland by 2030, enhancing travel convenience and cultural exchange to provide a premium travel experience.
FSDC Chairman Laurence Li discusses Hong Kong’s plans to enhance its global financial center status by fostering diversity and expanding services at the 2024 Financial Street Forum.
The world’s first ‘Boonie Bears’ themed shopping mall has opened in Shenzhen, marking a significant milestone in China’s growing debut economy and innovative retail experiences.
China has cut its benchmark lending rates for the third time this year, lowering the one-year LPR to 3.1% and the over-five-year LPR to 3.6%, in a bold move to stimulate economic growth and credit demand.
SIBOS 2024, the premier global financial conference, kicks off in Beijing for the first time on the Chinese mainland, uniting over 10,000 guests from more than 150 countries and regions.
Saudi Arabian Minister of Tourism Ahmed Al-Khateeb discusses strong tech collaboration with China, focusing on digitalizing tourism services and advancing mobile payment systems.
China’s latest monetary policies have boosted market confidence, as industry players express optimism at the Financial Street Forum, reports CGTN’s Chen Tong.
The 16th BRICS Leaders’ Meeting opens in Kazan, Russia, marking the launch of the Greater BRICS following expansion. The summit signals a new era of cooperation and enhanced role in global governance.
The U.S. budget deficit surged to $1.833 trillion in fiscal 2024, becoming the third-largest in history, with interest costs on federal debt exceeding $1 trillion for the first time.
John Lee announces initiatives to enhance Hong Kong’s role in opening the Chinese mainland’s capital markets, promoting RMB internationalization and encouraging global companies to list in Hong Kong.
