Warnings, liquidity boost and proverbs — China's tools for propping up its stock market
Various Chinese financial authorities have commented on the onshore China stock market rout in the last three days, underscoring a familiar Beijing playbook.
CNBC Asia
India's Paytm shares pop 8% after Ambani's Jio Financial denies deal talks for wallet business
Paytm and Jio Financial deny media speculation of the digital payments firm's wallet buyout.
India's finance minister says exports are on a 'growing path' in a world of uncertainty
India's Finance Ministry said earlier in the week that the country could become the world's third-largest economy by 2027 with a gross domestic product of $5 trillion.
These are the 10 most sustainable travel destinations in the world—none of them are in the U.S.
Tripadvisor ranked the global destinations based on commitment to sustainability.
Gold demand hit record highs in 2023 amid geopolitical risks, China weakness
Gold demand hit record highs in 2023 on the back of persistent geopolitical tensions and continued weakness in China's economy, the World Gold Council said.
IMF expects new housing demand in China to drop by around 50% in the next decade
Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster the country's overall growth.
Japan's Aozora Bank hits near 3-year lows as bad U.S. property loans prompt loss forecast
Aozora shares hit their lowest levels since February 2021, plunging as much as 18.5% — the Nikkei 225 benchmark was up 0.5%.
Japanese bank tanks over 20% after flagging losses tied to U.S. commercial property
The Japanese lender said it now expects a net loss of 28 billion yen for the fiscal year ending March 31, after previously forecasting a net profit of 24 billion yen.
India expects fiscal deficit for 2025 to narrow to 5.1% even as it boosts infra spending
India's finance ministry presented the country's interim budget for 2024, ahead of the highly anticipated general elections.
Factories in developing Asia may have seen the worst of manufacturing slump
South Korea's S&P manufacturing purchasing managers' index recorded a first expansionary reading since June 2022 at 51.2 in January.
Caixin survey shows China's factory activity expanded for a third month in January, extending divergence with official data
Employment in China's manufacturing sector trended down in the official survey released Wednesday as in the Caixin survey.
Demand for shipments from China via rail through Russia has 'skyrocketed' since the Red Sea attacks
The China-Russia rail route to Europe is in high demand. Some shippers have ethical concerns, according to freight forwarders.
India will release its interim budget this week. Here's what to expect
India's finance ministry will present the country's interim budget for financial year 2024 to 2025 on Feb. 1, ahead of the highly-anticipated general elections.
80% of the trending global travel destinations for 2024 are in Asia, according to new report—here's the full list
Tripadvisor determined the trending destinations ranking based year-over-year growth in interest.
China's manufacturing activity shrank for the fourth straight month in January
China's factory activity contracted for a fourth straight month in January, data from the National Bureau of Statistics showed.
These are the 10 most welcoming cities for 2024—only 1 is in the U.S.
Booking.com released its list of the most welcoming cities on Earth for 2024 based on the brand's Traveler Review Awards.
India set to be world's third largest economy by 2027, finance ministry says
India could become the world's third-largest economy by 2027 with a gross domestic product of $5 trillion, the finance ministry has said.
Religious trips will fuel India’s tourism boom — airlines are gearing up with record aircraft orders
India's tourism sector is set for a boom powered by religious trips — Indian carriers have placed orders for more than 1,100 planes over the past eight months.
This city has the worst traffic in the U.S.—and it's not Los Angeles
TomTom released its annual Traffic Index for 2023 ranking the U.S. cities with the worst traffic.
'Biggest, baddest ship on the planet': World's largest cruise ship stokes environmental concerns
The world's largest cruise ship set sail from Miami, Florida over the weekend, stoking concerns about the environmental impact of cruise tourism.
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