Despite a flurry of stimulus measures, recent economic indicators have showed the world’s second-largest economy is still struggling with deflationary pressures.
South Korea’s ex-defense minister attempts suicide; police raid presidential office
The fallout from South Korea’s brief martial law continues amid reports of raids on the president’s office and an attempted suicide by the ex-defense minister.
China ramps up Wall Street meetings as Trump inauguration looms
Chinese Vice Premier He Lifeng has met with several U.S. finance executives as Beijing seeks to build relationships in the face of rising bilateral tensions.
Surprise RBI governor pick could pave the way for India rate cut as soon as February, economists say
India has appointed a new central bank governor in a surprising move that some experts say strengthens outlook for rate cuts early next year.
Alaska Airlines plans new nonstop flights to Japan, Korea in $1 billion postmerger profit push
Alaska Airlines is launching new flights and a new premium credit card to help grow profits by $1 billion in 2027.
China’s November imports post surprise drop; sharpest decline in 14 months
Export has been a rare bright spot as the world’s second largest economy contends with lackluster domestic consumption and a prolonged housing downturn.
Ant Group gets new CEO as billionaire founder Jack Ma talks up AI in rare appearance
Alibaba and Ant Group co-founder Jack Ma said the AI era over the next 20 years would “exceed everyone’s imagination.”
India appoints Revenue Secretary Sanjay Malhotra as new central bank governor
India has appointed Sanjay Malhotra as governor of the country’s central bank for a three-year period, according to CNBC TV18.
From failed accountant to Marvel and Barbie star: Simu Liu shares how he got out of ‘rock bottom’
Actor Simu Liu was fired from Deloitte before becoming an actor. He’s now investing in Asian American businesses and is outspoken about tackling discrimination.
China vows ‘more proactive’ fiscal stimulus measures, ‘moderately’ looser monetary policy
China’s leaders pledged “more proactive” fiscal and monetary policies next year to boost domestic consumption, according to an official readout.