Asia

China’s central bank raises market rates as data shows economic growth moderating

China's central bank on Thursday nudged up money market rates as authorities sought to defuse financial risks without imperiling the…

India to buy world’s emptiest airport in its battle for territorial dominance with China

India is buying Sri Lanka's second-largest airport, despite it only handling a dozen passengers a day. China recently took control…

Cinema to contribute $24bn to Saudi economy

The Saudi Arabian Ministry of Culture and Information has estimated the contribution of the cinema sector to its GDP to…

Why North Korea’s economy survives sanction after sanction

A lot of US allies aren't following through on their promises. The Trump administration has sought to rein in North…

China’s growth objectives clash with financial stability goal – IMF

China should prioritise financial stability above development goals, as a pursuit of regional growth targets and helping firms avoid heavy…

China Xi calls for cyber sovereignty as country not closing door to global internet

Xi Jinping, Chinese President said on Sunday the country will not close its door to the global internet, but that cyber…