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Economic growth

US Fed chair says ‘the time has come’ to start cutting interest rates

by Walter Watson
US Fed chair says ‘the time has come’ to start cutting interest rates

US stocks rose on Powell’s remarks, with all three major indices on Wall Street up sharply at around 10am local time in Washington (1400 GMT). The annual economic symposium in …

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China’s stock market turnover sinks to 4-year low as investors fret over stimulus

by Anas Siddiqui
China’s stock market turnover sinks to 4-year low as investors fret over stimulus

The daily turnover on China’s onshore markets has slumped to the lowest in four years, indicating investors are awaiting clearer signals on the policy front to support the economy, before …

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SM Group of the Philippines sees China as ‘formidable’ market force even amid uneasy ties

by Anas Siddiqui
SM Group of the Philippines sees China as ‘formidable’ market force even amid uneasy ties

SM Investments Corp, the conglomerate controlled by the richest family in the Philippines, sees mainland China as a growth driver that teems with opportunities in the commercial property market, in …

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Modi’s government pledges spending on jobs but fiscal prudence

by Ron Morgan
Modi’s government pledges spending on jobs but fiscal prudence

Nirmala Sitharaman, India’s finance minister, leaves the ministry to present the budget at the parliament in New Delhi, India, on July 23, 2024.  Bloomberg | Bloomberg | Getty Images India’s …

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China’s housing sector could be mired in a slump despite possible rescue measures: analysts

by Anas Siddiqui
China’s housing sector could be mired in a slump despite possible rescue measures: analysts

More measures to revive China’s property sector and the economy are likely at this month’s Politburo meeting, after the third plenum pledged to overhaul the industry, according to analysts. But …

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China’s tax man hands out decades-old bills to companies, hinting at funding shortage

by Anas Siddiqui
China’s tax man hands out decades-old bills to companies, hinting at funding shortage

China’s tax man hands out decades-old bills to companies, hinting at funding shortage Local governments in China have asked several companies to pay tax bills dating back as far as …

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Opinion | How Southeast Asia’s solar industry can shine in face of US tariff threat

by Walter Watson
Opinion | How Southeast Asia’s solar industry can shine in face of US tariff threat

As Southeast Asia strives to become an “epicentrum of growth”, the green technology manufacturing sector – particularly solar photovoltaics (PVs), lithium batteries and electric vehicles (EVs) – will be key …

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Can India’s Modi win over allies to press ahead with economic reforms after election?

by Walter Watson
Can India’s Modi win over allies to press ahead with economic reforms after election?

“We expect policy continuity, especially with regard to budgetary emphasis on infrastructure spending and boosting domestic manufacturing to support robust economic growth,” said Christian de Guzman, a senior vice-president at …

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Warning sign for China’s economic growth? 4 takeaways from May’s PMI data

by Ron Morgan
Warning sign for China’s economic growth? 4 takeaways from May’s PMI data

If you would like to see more of our reporting, please consider subscribing. 1. Impact of new US tariffs already being felt? China’s official manufacturing purchasing managers’ index (PMI) fell …

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India election: Narendra Modi’s BJP may need coalition to stay in power, as opposition makes gains

by Walter Watson
India election: Narendra Modi’s BJP may need coalition to stay in power, as opposition makes gains

“It looks like democracy has won and majoritarianism has come down. The voters are very intelligent. This is good for India,” said Harsh Ramaswamy, an independent political commentator. “What they …

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