Philippine central bank governor says rate cuts so far are ‘more than enough’ to support economy through 2021
The Bangko Sentral ng Pilipinas, or BSP, last week unexpectedly cut its main policy rate by 25 basis points to an all-time low of 2%.
CNBC Asia
Singapore's economy is set to rebound in 2021 as third-quarter contraction slows
The Singapore economy is is expected to bounce back to grow by between 4% and 6% next year, said the Ministry of Trade and Industry.
A surprise spate of bond defaults by state-owned Chinese firms is spooking investors
A series of high-profile defaults involving state-owned enterprises in China — normally a safe pick for investors — have jolted the credit market and rattled investors.
Surging debt during the pandemic is creating dangers for investors and developed countries
Risks for investors as well as developed markets are piling up with debt escalating during the coronavirus pandemic, according to a director at the Institute for International Finance.
Asia-Pacific markets trade mixed as worries remain over impact from coronavirus pandemic
The session in Asia follows a tepid finish overnight where U.S. stocks closed slightly higher as traders increased their exposure to major technology names.
Thailand's economic recovery may be the slowest in Southeast Asia, Nomura says
The coronavirus pandemic and ongoing political protests have left Thailand's economy in "pretty bad shape," said Euben Paracuelles of Nomura.
From robotaxis to e-scooters, Covid is changing how people in China commute
Demand for "individual traveling devices" has jumped during the pandemic, said Chinese electric scooter maker Niu Technologies.
Oxford trial chief says its Covid vaccine could still be ready at a similar time to others
Drugmakers are scrambling to deliver a vaccine to help bring an end to the coronavirus pandemic that has claimed over 1.3 million lives.
Boeing's 737 Max is set to return to the skies as industry reels from the pandemic
U.S. regulators are expected to remove a ban on Boeing's 737 Max planes as early as this week, marking the end of the longest and largest grounding on record.
Asia-Pacific markets trade mixed as vaccine optimism clashes with economic worries
The session in Asia follows after U.S. stocks fell for a second straight day, pausing a recent rally to new records.
Southeast Asia could gain as supply chains shift during the pandemic, Singapore minister says
The pandemic has changed the way companies deploy their employees and they organize supply chains – possibly creating opportunities for Southeast Asia, says Singapore's trade minister.
FAA clears Boeing 737 Max to fly again after 20-month grounding spurred by deadly crashes
Federal regulators cleared the Boeing 737 Max to fly again after a 20-month grounding that sparked a crisis inside one of the nation's biggest exporters.
Covid vaccine front-runners: How much they cost, who's bought them and how they're stored
The cost of some of the leading coronavirus vaccine candidates ranges from $3 to $37. There are also major differences when it comes to storage and logistics.
FAA chief says conditions in 737 Max crashes are now 'impossible' after design, training changes
FAA chief says conditions in 737 Max crashes are now 'impossible' after design, training changes
Here are the world's top 10 most expensive cities after Covid shuffles ranking
Zurich, Paris and Hong Kong were named the world's most expensive cities, according to The EIU. Singapore and Osaka were displaced by the two European cities.
Asia markets mixed as Japan's autos slip; dollar weakens
Japanese exports in October did much better than expected, falling 0.2%, according to the Ministry of Finance.
Biden must get ‘creative’ to regain U.S. respect in Pacific region, says ex-Fed official Richard Fisher
"It's going to take a great deal of time to regain that respect in the Pacific. I'm really worried about it," ex-Dallas Fed President Richard Fisher told CNBC.
U.S. may want to strike bilateral deals after being left out of the world's largest trading bloc, HSBC says
Within Asia-Pacific, the U.S. only has bilateral trade deals with South Korea, Australia and Singapore, according to the Department of State.
China is outpacing the U.S. when it comes to tackling climate change — here’s how it happened
Since the U.S. withdrew from the Paris Agreement, China has played an increasingly large role in the international fight against climate change.
Tech investments in China are focused on 3 trends, says venture capital firm
China will see more services moving online, greater use of smart devices and a wireless future, said Hongye Wang, a partner at Antler.
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