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Tag Archives: Asia

Asia has reached 7-month high, the mood is becoming cautious. From Reuters

© Reuters. FILE PHOTO: Tokyo Stock Exchange (TSE) staff working on the Tokyo Stock Exchange By Wayne Cole SYDNEY (Reuters) – Asian equities briefly peaked at seven-month highs on Monday as investors rallied US cheered payrolls and incentives for more stimulus in China, but caution soon appeared ahead of a likely challenging US earnings season. In a document released on …

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China becomes an election issue in Asia. And that is bad news for Beijing

But now, as Jokowi seeks re-election, he seems to distance himself from Beijing and downplay the importance of China-funded projects in Indonesia. It is a pattern that is developing across Southeast Asia and beyond Be worried about Beijing as Chinese investment and relations become an uncomfortable, if not downright toxic, election question. Growing skepticism about Xi's Signature Belt and Road …

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UOB first in Southeast Asia to adopt VMware Cloud for AWS

KUALA LUMPUR (April 1): United Overseas Bank Ltd (UOB) is the first organization in Southeast Asia to expand its portfolio of enterprise solutions with VMware Cloud to AWS. In a Statement Today, VMware Inc With these new capabilities in place, UOB will use VMware Cloud for AWS to support its digital innovation journey as innovation and application development accelerate in …

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Asia Equities, Bonds Expect Fed As Receptive By Reuters

© Reuters. FILE PHOTO: A man looks at an electronic stock price board showing the Japanese Nikkei average outside a brokerage in Tokyo By Wayne Cole SYDNEY (Reuters) – Asian stocks rallied on Monday while bonds rallied Demand for global speculation has increased The US Federal Reserve will be decidedly reserved at its political meeting this week. The Japanese Nikkei …

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The Saudi Crown Prince arrives in Beijing to complete the Goodwill Tour in Asia

Bin Salman had already visited India and Pakistan during his weeklong tour, announcing new investments in energy and infrastructure before arriving in China – Saudi Arabia's largest trading partner. The Saudi Prince meets with Chinese Vice Prime Minister Han Zheng on Friday morning before joining President Xi Jinping in the afternoon. It's been almost two years since his father, King …

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The arrest of Maria Ressa means more problems for press freedom in Asia

Rappler's Reputation Despite frequent verbal attacks and obstacles by the Duterte government, Rappler is admired for his fearless coverage of the deadly war on drugs in the country and many other problems with the current administration, including the treatment of opposition politicians The arrest of Ressa was widely regarded as a warning to the press by human rights activists and …

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Himalayan glaciers predicted that global warming would melt in Asia

CLOSE The great mountaineer Adrian Ballinger leads rookies to the highest peaks in the world and climbed Everest eight times in eleven attempts. He says that athletic ability alone does not guarantee success. Time Antarctica and Greenland are not the only frozen places in the world caused by mankind: The Himalayas are also at risk, scientists announced on Monday. In …

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Asia remains calm as China cools. Brexit News Expected By Reuters

© Reuters. An Investor Watches a Stock Information Board in a Brokerage Office in Beijing By Wayne Cole SYDNEY (Reuters) – Asian markets remained nervous on Monday. Data showed that the Chinese economy late last year slowed down the urgent need for more stimulus when Beijing wrestles with the United States for trading. In addition, investors are waiting for UK …

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Huawei's founder breaks years of silence amid US attacks, East Asia News & Top Stories

BEIJING (BLOOMBERG) – Mr. Ren Zhengfei, the billionaire founder of Huawei Technologies Co, broke a years-long silence as his technology empires faces his biggest crisis over three decades of existence. The telecoms mogul called Mr. Donald Trump Huawei finance chief Meng Wanzhou said: "A great president" and said he wants to take a wait-and-see approach to the US leader wants …

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