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COVID-19 asian news

Amanda Lee - China’s yuan, central bank performing well under stress, but US Fed rates adding to pressures - scmp.com - France - China - Usa

China’s yuan, central bank performing well under stress, but US Fed rates adding to pressures

Prolonged high interest rates in the United States could introduce uncertainty to the monetary policy outlook of emerging economies, the world’s “bank for central banks” said, pointing to rising pressures on Asian currencies and capital outflows.

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Morgan Stanley - Gabrielle Fonrouge - John Donahoe - Nike CEO John Donahoe comes under fire as stock sees worst day on record - cnbc.com

Nike CEO John Donahoe comes under fire as stock sees worst day on record

Nike CEO John Donahoe appears to be on thin ice. 

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South Korea delivery giants lock horns in post-pandemic price war - asia.nikkei.com - South Korea - city Seoul

South Korea delivery giants lock horns in post-pandemic price war

SEOUL -- In 2019, Gu Gyo-hyeon took up work delivering meals on the busy streets of Seoul. Paid per delivery and without a guaranteed wage, he spent each day making as many drop-offs as possible, maneuvering his motorcycle through the city's gridlock to deliver fried chicken, spicy soups and lunchboxes.

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Diana Olick - Home prices begin to cool as active listings jump 35% - cnbc.com

Home prices begin to cool as active listings jump 35%

Some of the heat is coming out of home prices, even though they're still higher than they were a year ago.

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Donald Trump - Imee Marcos - Joseph Biden - Philippines seeking US clarification on anti-vax propaganda operation - asiaone.com - China - Usa - Philippines - Washington - city Manila

Philippines seeking US clarification on anti-vax propaganda operation

MANILA — The Philippines is still seeking clarification from the Pentagon about a secret US propaganda operation that aimed to cast doubt among Filipinos about Chinese vaccines at the height of the Covid-19 pandemic, a foreign ministry official said on June 25.

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NINIEK KARMINI - Budi Arie Setiadi - Indonesia won’t pay an $8 million ransom after a cyberattack compromised its national data center - apnews.com - Indonesia - city Jakarta, Indonesia

Indonesia won’t pay an $8 million ransom after a cyberattack compromised its national data center

JAKARTA, Indonesia (AP) — Indonesia’s national data center has been compromised by a hacking group asking for a $8 million ransom that the government says it won’t pay.

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‘It’s All Happening Again.’ The Supply Chain Is Under Strain. - nytimes.com - Canada - Usa - Britain - Germany - Yemen - Panama - city Columbia

‘It’s All Happening Again.’ The Supply Chain Is Under Strain.

Stephanie Loomis had hoped that the chaos besieging the global supply chain was subsiding. The floating traffic jams off ports. The multiplying costs of moving freight. The resulting shortages of goods. All of this had seemed like an unpleasant memory confined to the Covid-19 pandemic.

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Gabrielle Fonrouge - London Ipo - Fast fashion retailer Shein confidentially files for London IPO as U.S. listing stalls - cnbc.com - China - Usa - Singapore - city Beijing - city Singapore - city London

Fast fashion retailer Shein confidentially files for London IPO as U.S. listing stalls

Shein, the fast fashion giant with links to China, has confidentially filed for a public listing in London as it faces backlash in the U.S., a person familiar with the matter told CNBC.

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