I’m Matthew Boesler, an editor covering the US economy in New York. Today we’re looking at the latest jobs numbers and Fed policy. Send us feedback and tips to [email protected] or get in touch on X via @economics. And if…
Plans for a new mega-project which would make Dubai home to “the world’s greenest highway” have been unveiled. The “Dubai Green Spine” project has been designed to transform Sheikh Mohammad Bin Zayed Road into a 64-kilometre-long sustainable corridor. The ambitious…
The U.S.has agreed to forgive $35 million of Indonesian debt over the next nine years, the U.S. Treasury said on Monday, in return for the Southeast Asian country restoring and preserving coral reefs in what experts estimate is the world’s…
The Bangkok Commercial Asset Management (BAM) said on Thursday that many Chinese investors have joined hands with Thai partners to buy plots of land and factories of failed businesses from the debt management agency. Bundit Anantamongkol, president and CEO of…
Singapore home prices rose for a fourth straight quarter as the country’s property valuations continue to defy a significant slowdown in sales. Prices for private residences climbed 1.1% from the previous three months, according to preliminary figures released by the…
The Malaysian ringgit, along with the Thai baht and South Korean won, may be the most sensitive to negative US trade policies, Standard Chartered (StanChart) flagged. “Political rhetoric points firmly towards intensified negative US trade policies against China,” StanChart said…
The Pulchra Resort project in Da Nang, with an investment of $12 million FDI, was closed down following the Covid-19 pandemic and has been abandoned since. The Pulchra Resort project, spanning around 10 ha, lies on Truong Sa Street, next…
Chinese conglomerate Fosun International has announced plans to sell Hoshino Resorts Tomamu, a ski resort located in Japan, for 40.8 billion yen (approximately $252 million). This decision comes as the group seeks to divest nonstrategic assets amid a declining property…
Bitcoin was the most profitable asset in the first six months with a gain of 48%, followed by gold and stocks. The world’s largest cryptocurrency closed at US$62,678 on June 30. It gained at twice the rate of gold rings…
The Biden administration has revoked eight licenses this year that had allowed some companies to ship goods to Chinese telecoms equipment giant Huawei, according to a document first reported by Reuters, as it seeks to pressure the resurgent company. The…