Macao’s next leader wants to wean its economy off gambling
Slated to become Macao’s leader, Sam Hou Fai says he will continue to steer its economy away from gaming and gambling.
China property stocks jump after Beijing proposes measures to lift troubled sector
The rally came after China’s Ministry of Finance outlined new policy measures focused on stabilizing the beleaguered real estate.
International investors descend on London as Labour tries to woo new business to Britain
Uncertainty around the event and suspected tax changes in the upcoming budget has left many investors in the dark.
CNBC Daily Open: With an unchanged PPI, the Fed’s near the finish line
With a snap of its fingers, the producer price index assuaged worries over inflation remaining stubborn.
China’s Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges
In his opening remarks on Saturday, Minister of Finance Lan Fo’an laid out four measures, starting with increasing support for local governments in resolving debt risks.
China launches war games around Taiwan, drawing ire from Taipei, Washington
China’s military began new war games near Taiwan on Monday, warning against “separatist acts,” drawing condemnation from both Taipei and the U.S. government.
Singapore keeps monetary policy steady as third-quarter growth picks up
Singapore’s central bank kept its monetary policy unchanged on Monday, with analysts expecting a loosening early next year despite a Q3 economic uptick.
CNBC Daily Open: With a stagnant PPI, the Fed’s nearly at the finish line
With a snap of its fingers, the producer price index assuaged worries over inflation remaining stubborn.
Protesters in Spain told tourists to ‘go home.’ Instead more arrived.
Tourist arrivals to Spain increased following anti-tourism protests earlier this year. But organizers against mass tourism say the fight is far from over.
China’s CSI 300 closes nearly 2% higher after choppy trading as investors digest stimulus plan
China’s deflation pressures deepened in September with consumer prices rising at their slowest pace in three months at 0.4% from a year earlier.
