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Archive Asia Economy

  • The Indian government listed its first ever bond index on the London Stock Exchange on Friday, opening the country’s debt markets to the rest of the world.

  • India's central bank chair on demoneisation

    Arundhati Bhattacharya, chairman of the State Bank of India, discusses the fallout of the country's decision to scrap its 500 and 1,000 rupee banknotes.

  • Indian central bank chair on reform: short term pain required for long term gain

    Arundhati Bhattacharya, chairman of the State Bank of India, speaks about economic reform in her country.

  • Arundhati Bhattacharya, chairman of the State Bank of India, speaks about the launch of a new Indian bond index on the FTSE.

  • Jamie Dimon on the nuclear threat from North Korea

    JPMorgan CEO Jamie Dimon weighs in on the risk of nuclear war from North Korea.

  • S&P late to the party on China downgrade: EIU

    Robin Bew, CEO of the Economist Intelligence Unit, says that S&P's decision to downgrade China's sovereign rating is "completely appropriate."

  • NEW YORK— President Donald Trump added economic action to his fiery military threats against North Korea on Thursday, authorizing stiffer new sanctions in response to the Koreans' nuclear weapons advances. The exchange of super-heated rhetoric and unusually personal abuse between the adversaries will escalate tensions that have been mounting as North...

  • An Iranian man holds a local newspaper displaying a portrait of Donald Trump a day after his election as the new US president, in the capital Tehran, on November 10, 2016.

    The U.S. will hurt its credibility if it cancels the Iran nuclear deal, making North Korea talks more difficult, Chinese state media said.

  • BEIJING— China's Finance Ministry on Friday criticized the cut in the Standard& Poor's rating agency's credit rating on Chinese government borrowing as a "wrong decision" and said it ignores the country's economic strength. The move added to warnings China's debt burden might drag on economic growth or threaten the financial system. It said Hong Kong has a good...

  • Health and wellness has always interested me: David Beckham

    Former England soccer captain David Beckham and insurer AIA's Chief Marketing Officer Stuart Spencer discuss their latest partnership.

  • DUBLIN- ECB President Mario Draghi gives Keynote speech at Henry Grattan Lecture Invitation organized by Trinity College in Dublin- 0830 GMT. FRANKFURT- ECB Vice President Vitor Constancio gives closing remarks at the ECB conference "Low inflation: Lessons from the past! FRANKFURT- ECB Vice President Vitor Constancio chairing panel "Macroprudential policy...

  • DUBLIN- ECB President Mario Draghi gives Keynote speech at Henry Grattan Lecture Invitation organized by Trinity College in Dublin- 0830 GMT. FRANKFURT- ECB Vice President Vitor Constancio gives closing remarks at the ECB conference "Low inflation: Lessons from the past! FRANKFURT- ECB Vice President Vitor Constancio chairing panel "Macroprudential policy...

  • *Norway's central bank signals quicker path to rate hike. NEW YORK, Sept 21- The dollar weakened against a basket of currencies on Thursday, retreating from a more than two-week peak as bets stoked by the Federal Reserve signalling it may raise interest rates in December abated. "People were surprised that Yellen stuck with the script that weak inflation is...

  • *S&P: China's prolonged and strong credit growth has raised risks. Sept 21- S&P Global Ratings downgraded China's long-term sovereign credit rating on Thursday, less than a month ahead of one of the country's most sensitive political gatherings, citing increasing risks from its rapid build-up of debt. "The downgrade reflects our assessment that a prolonged...

  • LONDON, Sept 21- Copper hit its lowest in more than a month while nickel slid more than 3 percent on Thursday after the Federal Reserve raised expectations of one more rate hike this year, boosting the dollar. The metal is holding above the $6,600 resistance, and on the fundamental side demand is not booming supplies have been reduced so we don't need such strong...

  • BEIJING, Sept 21- S&P Global Ratings cut China's long-term sovereign credit ratings by one notch to' A+' from' AA-' on Thursday, saying its prolonged period of strong credit growth has increased its economic and financial risks. The outlook on China's long-term rating is stable, S&P said. http://bit.ly/2fdva4Y. *S&P says China's prolonged period of strong credit...

  • ULAANBAATAR, Sept 21- A boom in the coal trade in Mongolia has helped elevate the country's benchmark stock index and pump the tiny exchange's market capitalisation to five-year highs as optimism about the economy grows following a bailout deal. Mongolia has helped fill a supply gap following Beijing's ban on imports from North Korea and some smaller ports, as...

  • BEIJING, Sept 21- S&P Global Ratings cut China's long-term sovereign credit ratings by one notch to' A+' from' AA-' on Thursday, saying its prolonged period of strong credit growth has increased its economic and financial risks. The outlook on China's long-term rating is stable, S&P said. http://bit.ly/2fdva4Y. *S&P says China's prolonged period of strong credit...

  • Sept 21- S&P Global Ratings downgraded China's long-term sovereign credit rating by one notch on Thursday to A+ from AA-, citing increasing risks from the country's rapid build-up of credit. "The downgrade reflects our assessment that a prolonged period of strong credit growth has increased China's economic and financial risks," S&P said in a statement, adding...

  • BEIJING— China's Finance Ministry on Friday criticized the cut in the Standard& Poor's rating agency's credit rating on Chinese government borrowing as a "wrong decision" and said it ignores the country's economic strength. The move added to warnings China's debt burden might drag on economic growth or threaten the financial system. The Finance Ministry...

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