Tag: Asia
China Set to Report First Population Decline in 50 Years
China is set to report its first-ever population decline since, the founding of The People’s Republic of China in 1949. This observation has been...
Indian Stocks Climb as World’s Biggest Lockdown Draws to an End
(Bloomberg) -- India stocks rose for a second day as the country entered the first phase of opening up its economy, with hotels, restaurants and...
Great Depression-Like Jobless Rate Seen for U.S.: Eco Week Ahead
(Bloomberg) -- The devastation of the coronavirus pandemic on the U.S. labor market will be on display this week, with Friday’s jobs report likely to...
Asia’s richest man breaks into club of six oil elites
(Bloomberg) --Reliance Industries Ltd., run by Asia’s richest man Mukesh Ambani, has eclipsed BP Plc to break into an elite club of energy supermajors.
The...
World’s Most Expensive Bank Cuts Back on Water to Trim Costs
(Bloomberg) --Weeks after Armand Wahyudi Hartono became the vice president director of Indonesia’s largest non-state bank, he noticed how staff were leaving half-empty glasses...
Son gifted $3.8 billion by parents wants to avoid rich list
(Bloomberg) --Sino Biopharmaceutical Ltd.’s billionaire founder and his wife are transferring about one-fifth of the company’s share capital, or around $3.8 billion, to their...
Why Did Jokowi Pick a New Indonesian Capital?
(Bloomberg) -- Indonesia will build a new capital city on the island of Borneo, home to some of the world’s biggest coal reserves and...