Asia Economy

Google invests in BlackRock-backed solar developer in Taiwan amid AI boom

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Google invests in BlackRock-backed solar developer in Taiwan amid AI boom

The aerial view reveals the mutual benefits of combining solar energy production and agricultural land use. Farmers can lease their land to solar energy developers, diversifying their income streams while maintaining agricultural activities on the remaining areas. This symbiotic relationship supports sustainable development by reducing greenhouse gas emissions and promoting renewable energy adoption. Shih-wei | … Read more

Asia’s best performing stock markets in H1 2024: Taiwan, Japan top list

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Asia’s best performing stock markets in H1 2024: Taiwan, Japan top list

A screen displays stock figures at the Taiwan Stock Exchange Corp. headquarters in Taipei, Taiwan, on Monday, Jan. 15, 2024.  Bloomberg | Bloomberg | Getty Images Optimism in artificial intelligence drove up Taiwan’s stock market in the first of the 2024, making it the top performing market in Asia-Pacific so far this year. The Taiwan … Read more

Gen Z’s shopping habits are heavily driven by TikTok and influencers: KPMG

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Gen Z’s shopping habits are heavily driven by TikTok and influencers: KPMG

Young Asian woman unboxing new purchase clothings from cardboard box that received from her online shopping retail delivery at home. She is happy and excited to see the content from the box. Online shopping, trustworthy parcel delivery service D3sign | Moment | Getty Images Generation Z in Asia-Pacific is taking fashion cues from idols and … Read more

China PMI, Japan Tankan, South Korea trade

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China PMI, Japan Tankan, South Korea trade

SHANGHAI, CHINA – JANUARY 01: Sun rises over the Oriental Pearl Tower on New Year’s Day on January 1, 2023 in Shanghai, China. (Photo by VCG/VCG via Getty Images) Vcg | Visual China Group | Getty Images Asia-Pacific markets are set to kick-start the second half of the year mixed as investors await business activity … Read more

FATF removes Turkey from money laundering ‘gray list’

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FATF removes Turkey from money laundering ‘gray list’

As the sunsets, a ferry boat glides across the waters of the Golden Horn with the Suleymaniye Mosque and the city of Istanbul, Turkey in the background.  Vw Pics | Universal Images Group | Getty Images The Financial Action Task Force, an international watchdog organization dedicated to combating money laundering and illicit cash flows, on … Read more

India’s major bond market milestone could prove challenging

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India’s major bond market milestone could prove challenging

NEW DELHI, INDIA – JANUARY 31: A view of Parliament House Building on the first day of the Budget session of Parliament on January 31, 2024 in New Delhi, India. (Photo by Ajay Aggarwal/Hindustan Times via Getty Images) Hindustan Times | Hindustan Times | Getty Images Indian government bonds reached a major milestone on Friday … Read more

India bonds to see billions in inflows on inclusion in JPMorgan index

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India bonds to see billions in inflows on inclusion in JPMorgan index

Residential buildings in Mumbai, India, on Wednesday, June 5, 2024.  Bloomberg | Bloomberg | Getty Images India is set to see billions in inflows into the country’s rupee-denominated government debt market, as state bonds make their debut on JPMorgan’s emerging market index on Friday. This is reportedly the first time Indian government bonds have been included … Read more

U.S. inflation, Tokyo CPI, yen, Japan industrial sales

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U.S. inflation, Tokyo CPI, yen, Japan industrial sales

Commuters walking at Shibuya Crossing, Tokyo © Marco Bottigelli | Moment | Getty Images Asia-Pacific markets climbed on Friday as investors assessed key economic data out of Japan and awaited U.S. inflation readings due later in the day. The Japanese yen hit fresh 38-year lows against the greenback, weakening to as low as 161.27 against … Read more

Yen crosses 160, heightening intervention expectations

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Yen crosses 160, heightening intervention expectations

Sheets of newly-designed Japanese 10,000 yen banknotes move through a machine at the National Printing Bureau Tokyo plant in Tokyo, Japan, on Wednesday, June 19, 2024. Persistent weakness in the yen is raising concerns about the potential for a resurgence in cost-push inflation, likely weighing on private consumption. Bloomberg | Bloomberg | Getty Images The … Read more

China sends giant pandas to U.S. for 1st time in 20 years

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China sends giant pandas to U.S. for 1st time in 20 years

Giant pandas eating bamboo at Bifengxia Panda Base in Sichuan, China. Christophe Boisvieux | The Image Bank | Getty Images For the first time in more than two decades, giant pandas are en route from China to a San Diego zoo in the U.S. — a sign that Beijing is resuming its so-called “panda diplomacy” … Read more