Economy booms but India's young hanker for government jobs
PRAYAGARAJ, India/MUMBAI - Sunil Kumar, a 30-year-old, has spent the last nine years of his life chasing a job in the Indian government.
Economy asian news
Late to the game, Hong Kong’s big splash on tech must pay off
National industrial strategies, the subject of intense study and debates in the 1980s in the wake of the phenomenal success of Japan’s industrial economy, have returned to the centre stage of global attention. Much of this stems from the fact that two of the world’s largest economies, the US and China, have focused more on industrial policy.
Slow recovery after CrowdStrike update sparks global IT outage
Head of the cybersecurity firm issues a public apology but cautions that a total recovery could take weeks.
Vietnam Communist party boss dies at 80; succession in balance
HO CHI MINH CITY -- Nguyen Phu Trong, the Vietnam Communist Party (VCP) chief who ushered in an era of strong ties with the U.S., kept rival China happy, and mounted a historic crackdown on corruption in the fast-growing economy, died Friday due to "old age and serious illness," the government said on its website. He was 80.
The future of delivery services in India and South Korea
In Nikkei Asia News Roundup's latest episode, Jada Nagumo and Brian Chapman discuss what's happening to India and South Korea's delivery service landscape.
Stock market today: World shares decline, weighed down by Wall St’s tech retreat
BANGKOK (AP) — Shares retreated in Europe and Asia on Friday after a broad washout across Wall Street dragged U.S. stocks lower.
Chinese investment won’t cure the cancer plaguing Malaysia’s economy
No country has achieved high income without manufacturing. Resource-rich countries can rely on exporting commodities, such as oil and gas, but if they lack manufacturing, they risk falling behind once the resources run out or demand dries up in the transition to clean energy.
China plenum vows reforms, accepts Qin Gang resignation
SHANGHAI -- The Chinese Communist Party pledged on Thursday to better manage the market economy through reforms but offered no clear bombshells and few details, after a highly anticipated four-day leadership meeting chaired by President Xi Jinping in Beijing.