IMF chief Kristalina Georgieva warns risk to financial stability have increased
Georgieva stressed "the need for vigilance" following the recent turmoil in the banking sector and warned that 2023 will be another challenging year.
Economy
Indonesia cracks down on used clothing imports as lower prices hurt local producers
The recent influx is a headache for the local textile and garment industry, which is still struggling to recover from the Covid-19 pandemic.
Differences seen in China, Russia’s stance on economic cooperation
Regarding the natural gas pipeline project, Putin said there was no specific reference to the agreements released by the Chinese side.
HK maintains fourth place in Global Financial Centres Index
Hong Kong will continue to consolidate its status as an international financial center and give full play to connecting markets, a spokesperson said.
Giving a chance to the RCEP’s dispute settlement mechanism
The pact provides a dispute settlement mechanism that envisions a transparent process of resolution whenever dispute arises between members.
Value of Japanese seafood imports hits 12-year high in 2022
Imports of Japanese seafood declined for four years after the disaster before switching to an upturn.
Wall St ends sharply lower as Powell warns inflation fight continues
According to the Fed’s statement, some additional tightening might be possible but suggested it was on the verge of pausing future hikes in view of recent turmoil in the…
Japan to give 30,000-Yen aid to low-income households
At a meeting of its task force to fight persistent inflation, the government also decided to distribute ¥50,000 per child to low-income child-rearing households.
‘Golden year’ for Phuket property as condos and luxury villas sell out
Phuket’s property market has returned to pre-pandemic levels and all finished condos and villas have been sold, mostly to foreign nationals.
Ha Nam pledges to facilitate operation of Taiwanese investors
Vietnam's northern province Ha Nam is in the top 10 localities nationwide regarding foreign direct investment attraction.