Asia markets mixed as China's loan prime rates remain unchanged; Japan hits new 33-year highs
This is CNBC's live blog covering Asia-Pacific markets.
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This is CNBC's live blog covering Asia-Pacific markets.
Moody's Investors Service has a negative outlook for sovereign creditworthiness in Asia-Pacific this year, due to China's slower economic growth as well as tight funding and geopolitical risks.
In the intense war of words over the Israel-Gaza war, a particular phrase has popped up repeatedly. At protests, on fliers and in some mainstream publications, it is common to see Israel described — or more likely, assailed — as a “settler-colonial” state.
“All [elections] are all important. But some elections have the ability to influence world affairs more so than others,” said Shaokai Fan, Global Head of Central Banks for the World Gold Council (WGC), highlighting that gold prices rose over the past weekend when Taiwan held its elections.
Prime Minister Narendra Modi will inaugurate a gigantic new temple in the Indian city of Ayodhya on Monday, the conclusion of a mostly 20th-century odyssey in which Hindu nationalists eventually tore down a centuries-old mosque that has now been replaced with a structure devoted to the Hindu deity Ram.
“Everything is open, it’s cool,” he says, as his friends livestream the giddy whirl of drunken tourists, touts, cannabis stalls, tuk-tuk drivers and night workers on a downtown part of Sukhumvit Road – one of the city’s main tourist drags.
The items add up to less than S$400,000 (US$298,000) in value. Within hours of Iswaran’s appearance in court to be slapped with 27 charges on Thursday, memes and wisecracks flooded social media feeds and messaging platforms. Many poked fun at what seemed like a long list of items of underwhelming value that he allegedly obtained from property tycoon Ong Beng Seng.