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BANGKOK -- Thailand's ruling party will push forward with its long-delayed digital wallet stimulus, opening registration for the 10,000 baht ($277) handout from Aug. 1, but has yet to set a rollout date for the scheme meant to improve the Thai economy's year-end prospects.
BEIJING/KYIV (Reuters) -- Ukraine's top diplomat told Chinese Foreign Minister Wang Yi during talks in the city of Guangzhou on Wednesday that Kyiv was open to negotiating with Russia if Moscow was ready to do so in good faith, something Kyiv saw no evidence of currently.
Shares in the world's largest luxury group LVMH fell on Wednesday after its second-quarter sales came in below analyst consensus on Tuesday.
India "clearly has a problem" figuring out new drivers for its economic growth even as its economy expands at a fast pace, JPMorgan's Jahangir Aziz said, following the country's union budget.
The U.S., a superpower and ally of democracy, has entered uncharted waters just three months away from the vote to decide its next leader. This could create global chaos in many areas including security and the economy, and the impact must be minimized. Japan should remain on guard and contribute to stability.
TAIPEI -- China's tighter regulation of its rare-earths industry is likely to accelerate global efforts to diversify the supply of these critical materials away from Asia's biggest economy, according to European chemical supplier Solvay.
SINGAPORE -- Singapore's sovereign wealth fund GIC is shifting the focus of its investment team in China to look for newer "niche opportunities," a senior executive told Nikkei Asia, as the region's largest economy is expected to take longer to transform itself into a new economic model.
India's government on Tuesday promised spending on job creation but also called for fiscal prudence as it announced its financial budget — the first since nationwide elections finished in June which led to a new coalition government being formed.