The Indian markets have made tremendous gains since the beginning of the year, with both the Nifty 50 and BSE Sensex hitting record highs on Monday. Bloomberg | Bloomberg | Getty Images India is JPMorgan’s top pick in Asia, and one of its favorite markets globally, the investment bank’s Asian Equity Strategist Mixo Das told … Read more
Washington: The Biden administration has begun pumping more than $2 trillion into US factories and infrastructure, investing huge sums to try to strengthen American industry and fight climate change. But the effort is facing a familiar threat: a surge of low-priced products from China. That is drawing the attention of President Joe Biden and his … Read more
Taiwan’s President Tsai Ing-wen speaks as Lai Ching-te, Taiwan’s vice president and the ruling Democratic Progressive Party’s (DPP) presidential candidate looks on during a campaign rally ahead of the elections in Taipei, Taiwan, January 11, 2024. Carlos Garcia Rawlins | Reuters Taiwan’s election results place the island on a “collision course with China” and the … Read more
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images The head of the International Monetary Fund warned Monday that China needs structural reforms in order to avoid “a fairly significant decline in growth rates.” … Read more
Boris Roessler | Picture Alliance | Getty Images The majority of economists surveyed by the World Economic Forum expect the global economy to weaken this year, saying that geopolitical fragmentation around the world will deepen. “Global economic prospects remain subdued and fraught with uncertainty,” WEF’s report, published Monday, said. “While there are positive developments, such … Read more
The Apple flagship store in Shanghai in November 2023. Costfoto | Nurphoto | Getty Images Apple is offering a discounts across a range of its products in China, including the latest iPhones, its website shows, as it faces rising competition and growing fears of a lack of demand for its flagship smartphone. Between Jan. 18 … Read more
A kid runs across the flag of Taiwan banner during the announcement of official results on January 13, 2024 in Taipei, Taiwan. Sawayasu Tsuji | Getty Images News | Getty Images TAIPEI — Taiwan’s president-elect Lai Ching-te will face a split parliament that will likely moderate his policy agenda, with Taiwan People’s Party seen as … Read more
Ruling-party candidate Lai Ching-te emerged victorious in Taiwan’s presidential election on Saturday and his opponents conceded, a result that will determine the trajectory of the self-ruled democracy’s relations with China over the next four years. China had called the poll a choice between war and peace. Beijing strongly opposes Lai, the current vice president who abandoned his medical career … Read more
Taiwan and China flags together textile cloth, fabric texture Oleksii Liskonih | Istock | Getty Images TAIPEI — China dismissed the outcome of Taiwan’s Saturday elections, saying its ruling Democratic Progressive Party does not represent mainstream public opinion after it failed to win a majority in the presidential and legislative votes. “Taiwan is China’s Taiwan,” … Read more
Supporters of the Democratic Progressive party (DPP) await the announcement of official results at a rally on January 13, 2024 in Taipei, Taiwan. Annabelle Chih | Getty Images News | Getty Images TAIPEI — Taiwan’s ruling Democratic Progressive Party is set to win an unprecedented third-straight presidential term, though it remains unclear if leader Lai … Read more
