As Pakistan’s newly elected parliament meets, a look at the PM candidates
While ex-PM Shehbaz Sharif of the PMLN-PPP alliance is a frontrunner, independents backed by Imran Khan’s PTI hope to clinch a surprise.
Economy asian news
Wall Street takes bets on which major central bank will blink first
The Bank of Japan and the Swiss National Bank have emerged as the two major central banks most likely to change course in the next two months, according to analysts, but in very different directions.
Chinese sales of bad-loan securities jump 46% in 2023
TOKYO -- The sales in China of bond-like securities backed by nonperforming debt held by banks surged by 46% last year, according to data released by the Japanese government Wednesday.
Singapore businesses ‘jump on bandwagon’ as Taylor Swift mania hits crescendo ahead of Eras shows
The island republic is the only Southeast Asian stop for the 34-year-old star, who has won 14 Grammy awards and nurtured a deeply devoted fan base over her 20-year career.
Baidu revenue grows 6% in fourth quarter as AI and advertising boost business
China's Baidu said fourth-quarter revenue rose 6%, helped by gains from its artificial intelligence applications and a growing advertising business.
China's Country Garden gets liquidation petition from creditor
China's Country Garden Holdings said Wednesday it received a liquidation petition filed by one of its creditors, deepening worries about the country's beleaguered property sector.
Japan to require foreign e-tailers to have local person in charge
TOKYO -- Japan's Ministry of Economy, Trade and Industry will require overseas businesses that sell electronics and other products online directly to consumers in Japan to appoint a person in Japan to oversee safety management and troubleshooting, Nikkei has learned.
WTO digital tax freeze in spotlight as India, others rue lost revenue
MADURAI, India -- A moratorium on taxing digitally transmitted products, from movies and music to software and industry data, faces a critical juncture this week at a World Trade Organization conference in Abu Dhabi.