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Economy asian news

Sri Mulyani Indrawati - AMY CHEW - Ismail Haniyeh - Can Prabowo’s economic policies steer Indonesia through troubled waters? - scmp.com - China - Indonesia

Can Prabowo’s economic policies steer Indonesia through troubled waters?

“We see that global geopolitical escalation [creates] challenges for global commodity prices…,” said Arsjad.

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Ari Levy - Tech stocks see steepest three-week slump in two years, led by plunge in Amazon and Intel - cnbc.com

Tech stocks see steepest three-week slump in two years, led by plunge in Amazon and Intel

With quarterly earnings from tech's mega-cap companies largely in the rearview mirror, one thing is clear: Wall Street is nervous.

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Markets Around the World Are Rattled by Fears of Slowing U.S. Growth - nytimes.com - Japan - Taiwan - Usa - Hong Kong - Singapore - South Korea - Germany - Australia - city Singapore

Markets Around the World Are Rattled by Fears of Slowing U.S. Growth

A sell-off in markets around the world turned into a rout on Monday as investors grew panicky about signs of a slowing American economy, with stocks tumbling across Asia.

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Warren Buffett - Warren Buffett's Berkshire halves Apple stake, boosts cash to $277bn - asia.nikkei.com

Warren Buffett's Berkshire halves Apple stake, boosts cash to $277bn

(Reuters) -- Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling about half its stake in Apple, even as the conglomerate posted a record quarterly operating profit.

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Why Some Young People in China Pretend to Be Birds - nytimes.com - China - city Shanghai

Why Some Young People in China Pretend to Be Birds

To become a bird, pull an oversize T-shirt over your arms and torso. Hide your legs. Let your hands stick out like claws and your empty sleeves flap like wings.

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Dow drops 600 on weak jobs data as global sell-off whips back to Wall Street - asia.nikkei.com - New York - county Jerome - city Powell, county Jerome

Dow drops 600 on weak jobs data as global sell-off whips back to Wall Street

NEW YORK (AP) -- Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation.

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Ralph Jennings - Despite reforms, Vietnam remains a non-market economy, US declares - scmp.com - Japan - Canada - China - Usa - Russia - Britain - South Korea - Washington - Eu - Australia - Vietnam - Mexico - city Washington

Despite reforms, Vietnam remains a non-market economy, US declares

Vietnam will continue to be classified as a non-market economy, the US announced on Friday, one of only 12 nations Washington identifies as such.

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Dollar hits four-month low as weak U.S. jobs data boosts rate cut bets - asia.nikkei.com - New York

Dollar hits four-month low as weak U.S. jobs data boosts rate cut bets

NEW YORK (Reuters) -- The U.S. dollar dropped to a four-month low on Friday after a weaker-than-expected employment report for July raised expectations that the Federal Reserve will cut interest rates by 50 basis points in September as the economy sours.

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