Page 18 - Asia

Covid expected to stoke slowest growth in 50 yrs in E Asia, Pacific, China

The coronavirus pandemic is expected to stoke the slowest growth in more than 50 years in East Asia and the Pacific as well as China, World Bank said in an economic update on Monday

RSP, a SAIL unit exports over 34,000 tonne of steel plates since July

The unit is ready with additional 1,000 tonne of steel plates for export in the current month

Online retail sales to hit $2.5 trn in Asia by 2024: Forrester Research

Riding on the surge in grocery demand in the Covid-19 times, online retail sales in Asia will grow from $1.5 trillion in 2019 to $2.5 trillion in 2024, with CAGR of 11.3%, a new Forrester report said

From Asia to Africa, China promoting Covid-19 vaccine to rebuild vital ties

The ability to develop and deliver vaccines to poorer countries would also be a powerful signal of China's rise as a scientific leader in a new post-pandemic global order

Asia coronavirus update: South Korea, Australian hot spot see declines

South Korea has added 119 more cases of the coronavirus, its lowest daily jump in more than three weeks amid a downward trend in new cases

Covid-19 patients with underlying heart problems more likely to die: Study

The findings, according to the researchers, strongly suggests that Covid-19 fatality is influenced by pre-existing heart conditions and/or cardiovascular risk factors

World Coronavirus Dispatch: Infection spike in Asia spurs warnings

China orders regular tests at wholesale markets, J&J vaccine results on monkeys, Can coronavirus spread through air, and other pandemic-related news across the globe

Southeast Asian IPOs show tentative revival as issuers brave markets

In Malaysia, home improvement retailer Mr DIY has re-started the process for its up to $500 million initial public offering

World Coronavirus Dispatch: Second wave in Asia prompts fresh lockdowns

EU lets member nations suspend import duties on medical equipment, Gold continues to surge, Australia posts daily virus record and other pandemic-related news across the globe

Asia to remain dominant player in garment sector in coming decade: Report

It identified India and Indonesia as potential recipients of manufacturing shifts and growth in terms of global apparel export share

Foreigners turn net buyers of Asian equities in June after 4 months

Overseas investors purchased $4.4 billion worth of regional equities last month, data from stock exchanges in India, Indonesia, the Philippines, South Korea, Taiwan, Thailand and Vietnam showed

India's Covid-19 cases rising at fastest pace in Asia as govt eases curbs

India is now among the nations worst hit by the epidemic, with a 28 per cent increase in cases since last week according to Bloomberg's Coronavirus Tracker.

Covid-19 smashes Asia's factories; activity hits historic lows all over

The PMI for South Korea, Asia's fourth-largest economy and a global manufacturing powerhouse, skidded to 41.6 in April, the lowest reading since January 2009

Asia's factory activity in March contracts sharply on coronavirus fallout

Japan's factory activity contracted at the fastest pace in about a decade in March, adding to views that the world's third-largest economy is likely already in recession

ADB to give $4 mn to member countries in Asia, Pacific to fight coronavirus

The funds will be available for all ADB developing member countries in updating and implementing their pandemic response plans

Coronavirus outbreak delays job offers in Asia's biggest financial hubs

Recruiting has become less of a priority as firms including DBS Group Holdings Ltd. have highlighted the revenue impact of worsening business conditions.

Auto Expo 2020: Asia's biggest motor show ends; draws over 608,000 visitors

Asia's biggest automobile show drew to a close on Wednesday, bringing curtains down on a six-day extravaganza. Though less than last year on overall number of participants, it was one of the biggest in terms of partaking by entrants. Beating the slowdown blues that have sapped buyer sentiment and hit sales for 18 months, a total of 608,526 people visited the show at the Great Noida Expo Mart from February 7 to 12, said the Society of Indian Automobile Manufacturers (Siam). With a peek into the future of mobility via 'green' technologies, more safety and other important elements, the exposition had 352 product displays from 108 exhibitors. This included eight global premiers and around 70 launches and unveilings. It also comprised introduction of 35 electric vehicles (EVs) and 15 concepts. Several manufacturers did gave the show a miss but those who participated believed in it as a platform to rekindle interest in a slowing market. Meet Sanket Gupta, a Bengaluru-based information ...

How Asia can break out of its role as a capital exporter to the West

According to some estimates, the region's pool of wealth at $110 trillion exceeds those of North America and Europe and is growing faster

Populous Asia: A 40-year retrospect

In 1980, Indonesia was the most prosperous. Today, China is streets ahead of the rest

Asia needs infra investments worth $26 trillion till 2030: ADB

ADB experts have urged Asian governments to double their existing spending on infrastructure