Asian Development Bank says the world faces ‘immense’ funding challenges
The challenges faced by the Asia region, as well as the world, are “immense,” said the Asian Development Bank.
From BMW to Porsche: Take a look at the cars on display at one of the world’s biggest auto shows
The BMW Vision Neue Klasse, Mercedes-Benz Concept CLA Class, Lucid Air Midnight Dream Edition and even a Lamborghini made of Lego pieces were on display at IAA Mobility.
U.S. slams Russia’s ‘sham elections’ in occupied areas; India seeks G20 consensus on the war
U.S. Secretary of State Antony Blinken condemned Russia’s “sham elections” in occupied areas of Ukraine.
China’s property market is going in ‘two directions,’ says ex-central bank advisor
Li Daokui says that “in the coming two months a lot of policies will go out, including policies to stabilize the finances of the largest property developers.”
CNBC Daily Open: Employers are holding on to workers — and it’s costing them
Technology stocks were hit by a double whammy of Thursday’s economic data, and a report that China is banning government workers from using iPhones at work.
Asia’s ultra-rich population records largest drop in the world. Here’s how North America and Europe did
Asia’s ultra-high net worth population declined about 10.9% in 2022, marking the largest fall in the world, a recent report by Altrata showed.
The G20 summit threatens to be overshadowed by India and Modi, who has made a ‘spectacle’ of the event
India’s Prime Minister Narendra Modi will meet U.S. President Joe Biden for a one-on-one bilateral meeting as world leaders gather in New Delhi for the Group of 20 summit. Critics say Modi is using the summit as a leverage to start campaigning early fo…
Hong Kong halts morning trading as ‘black rainstorm’ warning takes effect
This is Hong Kong’s first black rainstorm warning since 2021, with severe flooding in many parts of the city. Schools have been cancelled and the government is calling on employers to let their staff to work under flexible arrangements. CNBC’s Emily Ta…
Where to stay in India? Here are 8 former palaces that are now hotels
After the government abolished payments to the country’s Maharajas in 1971, some palace owners opened their doors to paying hotel customers.
India’s ‘massive expansion’ set to be a key driver of global economic growth
A stellar Indian economic trajectory will be an important driver for global growth, said S&P Global.
