Japan’s Nikkei 225 has been the top performer this year, among large economy stock indexes in Asia and many believe that stocks in the region have more room to run in 2024. Marco Bottigelli | Moment | Getty Images Asia-Pacific markets rose to new highs in 2023, with Japan’s Nikkei 225 emerging as the top-performing … Read more
Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaking at the World Congress of Accountants in Mumbai on November 19, 2022. Indranil Mukherjee | Afp | Getty Images Gautam Adani is the richest person in Asia again, according to Bloomberg Billionaires Index’s updated figures Friday. The founder and chairman of the Adani Group regained pole … Read more
Lazada is the third-largest e-commerce player in Indonesia, after Sea Limited’s Shopee and Tokopedia, according to Momentum Works. Matt Hunt | Lightrocket | Getty Images SINGAPORE — Alibaba-owned Lazada began its latest round of layoffs on Wednesday, a person with direct knowledge of the matter told CNBC, following a slew of media reports about cuts … Read more
The site of a real estate building under construction in Huai ‘an city, Jiangsu province, China, December 26, 2023. CFOTO | Future Publishing | Getty Images China is facing the prospect of a long-drawn correction in its property sector, with the overhang in the housing inventory likely to take more than 10 years to clear, … Read more
Presidential candidates Anies Baswedan, Prabowo Subianto, and Ganjar Pranowo, along with their vice presidential candidates, are posing for photos after the first presidential candidate debate at the General Election Commission (KPU) office in Jakarta, Indonesia, on December 12, 2023. Indonesia is preparing to hold general elections for president and vice president for the 2024-2029 period … Read more
A girl sits on a cot as she crosses a flooded street in Pakistan on October 4, 2022. A record 32.6 million internal displacements were associated with disasters in 2022 — more than the 28.3 million with conflict and violence, according to the Internal Displacement Monitoring Centre. Fida Hussain | Afp | Getty Images As … Read more
A tram passes shoppers as it travels along Istiklal Street in the Beyoglu district of Istanbul, Turkey, on Tuesday, Dec. 19, 2023. Bloomberg | Bloomberg | Getty Images As inflation eases in most of the world’s major economies, eye-watering price rises continue to blight citizens in Turkey. Inflation in the country rose to 64.8% on … Read more
CUPERTINO, CALIFORNIA – SEPTEMBER 12: The new iPhone 15 Pro is displayed during an Apple event at the Steve Jobs Theater at Apple Park on September 12, 2023 in Cupertino, California. Apple revealed its lineup of the latest iPhone 15 versions as well as other product upgrades during the event. (Photo by Justin Sullivan/Getty Images) … Read more
A screen displays the Nikkei 225 Stock Average figure at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Oct. 30, 2023. The expansion of Israel’s ground operations in Gaza added more pressure to global markets as investors prepare for a busy week packed with major central … Read more
People view light installations for Christmas at Singapore’s Gardens by the Bay on Dec. 18, 2023. (Photo by Then Chih Wey/Xinhua via Getty Images) Xinhua News Agency | Xinhua News Agency | Getty Images Singapore’s economy grew 2.8% year-on-year in the final quarter of 2023, according to advance estimates from the country’s Ministry of Trade … Read more
