China’s central bank conducts 300 billion yuan of reverse repos
The move aims to keep month-end liquidity in the banking system stable, the central bank said.
ECONOMIC AFFAIRS
Bangladesh loses 7 billion working hours a year to global warming: Study
At current temperatures, the global economy is losing US$280 to US$311 billion per year due to heat-related productivity losses.
More volatility expected as markets respond to Ukraine crisis
The crisis in Eastern Europe is by no means over and markets will remain extremely volatile this week.
Tourism project worth over US$1 billion kicked off in Ninh Thuan
The province targets 3.5 million visitors, including 455,000 foreigners, and US$127.1 million worth of tourism revenue in 2025.
Bank of Korea freezes key rate, announces decade-high inflation outlook
The BOK said that that consumer price inflation has recently remained high in the mid- to upper-3 percent range.
China’s sharing economy grows 9.2% in 2021: Report
The report said in 2021, the country saw a faster reshape in the sharing economy market where growing competition was seen.
Japan hands Thailand $500-million loan for Covid relief
The finance minister said similar offers also came from the Asian Development Bank and the World Bank.
Japanese companies in Ukraine on the alert
Many companies doing business in Ukraine are scrambling to collect information and ensure the safety of their employees.
Biggest drone show in Korea showcases future of air transports
The three-day event held in Busan showcased a glimpse into drones that will be available in our lives in the near future.
Petroleum prices rise to record levels in Nepal in the wake of Ukraine crisis
With Russia seemingly poised to lunge at Ukraine, a jittery oil market responded by pushing up crude prices to the highest level since 2014, reaching nearly $100 per barrel on…