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September 30, 2020

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Asia Economy

China’s plan for responding to global uncertainty is building up its own market, advisors say

CNBCSeptember 30, 2020September 30, 2020

by CNBCSeptember 30, 2020September 30, 2020015

CNBC – For more and to sign up click here Xi Jinping, China’s president, speaks during the United Nations General Assembly on September 22, 2020. Tiffany Hagler-Geard | Bloomberg | Getty Images BEIJING — As China’s leaders get ready to release their national development plan for the next five years, some government......

As coronavirus deaths pass 1 million, health-care workers around the world share stories from the front lines

CNBCSeptember 28, 2020September 28, 2020

by CNBCSeptember 28, 2020September 28, 202008

CNBC – For more and to sign up click here Coronavirus: Health workers around the world share stories from the front lines as deaths surpass 1 million SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...

The coronavirus has now killed more than 1 million people and upended the global economy in less than nine months

CNBCSeptember 28, 2020September 28, 2020

by CNBCSeptember 28, 2020September 28, 2020036

CNBC – For more and to sign up click here A municipal worker sanitizes a Roman Catholic Church graveyard after the burial of Covid-19 coronavirus infected people in Ranchi on September 6, 2020. AFP | Getty Images The coronavirus has killed at least 1 million people across the globe, a......

5 charts show how much the U.S. and Chinese economies depend on each other

CNBCSeptember 28, 2020September 28, 2020

by CNBCSeptember 28, 2020September 28, 2020034

CNBC – For more and to sign up click here President Donald Trump (L) shakes hand with Chinese President Xi Jinping at the end of a press conference at the Great Hall of the People in Beijing on November 9, 2017. Fred Dufour | AFP | Getty Images SINGAPORE — As......

Op-Ed: U.S. elections pose historic test for Reagan’s ‘miracle’ of peaceful transition

CNBCSeptember 26, 2020September 26, 2020

by CNBCSeptember 26, 2020September 26, 2020018

CNBC – For more and to sign up click here On January 20, 1981, Republican President Ronald Reagan started his first inaugural address with words that take on greater meaning after the past week, during which Republican President Donald Trump cast doubt twice on whether he would accept an outcome......

China is set to join FTSE Russell’s flagship global bond index next year

CNBCSeptember 25, 2020September 25, 2020

by CNBCSeptember 25, 2020September 25, 2020029

CNBC – For more and to sign up click here A Chinese national flag seen in front of Oriental Pearl Tower in Shanghai on September 8, 2019. Alex Tai | SOPA Images | LightRocket via Getty Images SINGAPORE — Major index provider FTSE Russell said Thursday it will add Chinese government......

Investor Baillie Gifford bets more on China as Asia draws more capital in a post-coronavirus world

CNBCSeptember 24, 2020September 25, 2020

by CNBCSeptember 24, 2020September 25, 2020027

CNBC – For more and to sign up click here People visit China Telecom’s booth during 2019 World 5G Convention at Beijing Etrong International Exhibition & Convention Center on November 21, 2019 in Beijing, China. VCG | Getty Images BEIJING — Global investors are stepping up their bets on Asia, particularly......

WeWork sells majority stake in its China business for $200 million as cost cutting continues

CNBCSeptember 24, 2020September 24, 2020

by CNBCSeptember 24, 2020September 24, 2020025

CNBC – For more and to sign up click here General view of WeWork Weihai Road flagship is seen on April 12, 2018 in Shanghai, China. World’s leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million U.S. dollars. (Photo by Jackal Pan/Visual China Group via......

Founder of bottled water giant Nongfu Spring becomes China’s richest man

CNBCSeptember 24, 2020September 24, 2020

by CNBCSeptember 24, 2020September 24, 2020030

CNBC – For more and to sign up click here Zhong Shanshan, the chairman of Nongfu Spring Company, attends the Nongfu Spring new product launch conference on February 1, 2015 in Baishan, Jilin Province of China. Jiang Xin | VCG | Getty Images BEIJING — Steady gains in the public offerings......

High-level U.S. visits to Taiwan annoy China – but did not cross the red line, says analyst

CNBCSeptember 22, 2020September 22, 2020

by CNBCSeptember 22, 2020September 22, 2020028

CNBC – For more and to sign up click here Taiwan President Tsai Ing-wen speaks during a press conference at the presidential office in Taipei in January 22, 2020. Sam Yeh | AFP | Getty Images Tensions are escalating in the Taiwan Strait and Beijing has been flexing its military......

Ex-Goldman economist Jim O’Neill says China’s economy ‘well on the way’ to recover from coronavirus

CNBCSeptember 21, 2020September 22, 2020

by CNBCSeptember 21, 2020September 22, 2020010

CNBC – For more and to sign up click here China economy recovering from Covid-19, says ex-Goldman economist Jim O’Neill SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...

TikTok deal puts U.S. owners in charge, but Chinese parent company still has some say

CNBCSeptember 21, 2020September 21, 2020

by CNBCSeptember 21, 2020September 21, 2020041

CNBC – For more and to sign up click here Bytedance CEO and founder poses for a photograph in Beijing, China. Gilles Sabrie | Bloomberg | Getty Images Following the weekend’s announcement that Oracle will take a 12.5% stake in TikTok and run cloud services and security for the app,......

Op-Ed: UAE-Bahrain deals with Israel offer chance at a ‘warm peace,’ economic growth and a moderate Mideast alliance

CNBCSeptember 20, 2020September 20, 2020

by CNBCSeptember 20, 2020September 20, 2020026

CNBC – For more and to sign up click here Forty years ago this month, when I was the junior correspondent in Newsweek’s bureau in Bonn, Germany, my boss marched into my office and boasted that he was off to the Middle East to interview Egypt’s Anwar Sadat and Israel’s......

Trump to block U.S. downloads of TikTok, WeChat on Sunday

CNBCSeptember 18, 2020September 18, 2020

by CNBCSeptember 18, 2020September 18, 2020083

CNBC – For more and to sign up click here The Commerce Department announced Friday morning that it would ban U.S. business transactions with Chinese-owned social apps WeChat and TikTok on Sunday. The announcement comes ahead of an expected statement Friday by President Donald Trump on whether or not the......

Governments should invest to overcome the coronavirus crisis — but don’t forget climate change, says expert

CNBCSeptember 17, 2020September 18, 2020

by CNBCSeptember 17, 2020September 18, 2020017

CNBC – For more and to sign up click here The morning sun rises over a neighborhood as a heatwave continues during the outbreak of the coronavirus disease (COVID-19) in Encinitas, California, U.S., August 19, 2020. Mike Blake | Reuters SINGAPORE — Governments should continue to make investments that combat......

The coronavirus pandemic will intensify competition for white-collar jobs, says Singapore minister

CNBCSeptember 17, 2020September 17, 2020

by CNBCSeptember 17, 2020September 17, 2020033

CNBC – For more and to sign up click here Office workers wearing face masks during lunch time in the central business district in Singapore. Roslan Rahman | AFP | Getty Images SINGAPORE — Competition for white-collar jobs will become more intense after the coronavirus pandemic showed that a lot......

Standard Chartered CEO says Hong Kong is ‘very, very safe’ as a banking center

CNBCSeptember 16, 2020September 16, 2020

by CNBCSeptember 16, 2020September 16, 2020039

CNBC – For more and to sign up click here Bill Winters, chief executive officer of Standard Chartered, at the Asian Financial Forum 2020 in Hong Kong. Kyle Lam | Bloomberg | Getty Images SINGAPORE — Hong Kong’s position as global financial center remains “very, very safe” even as the......

Canada’s massive pension fund is reviewing its bond holdings in light of near zero interest rates, CEO says

CNBCSeptember 15, 2020September 15, 2020

by CNBCSeptember 15, 2020September 15, 2020035

CNBC – For more and to sign up click here Mark Machin, president and chief executive officer of the Canada Pension Plan Investment Board (CPPIB) Cole Burston | Bloomberg | Getty Images SINGAPORE — Central banks have slashed interest rates this year in an effort to revive economies ravaged by the......

Apple and Singapore will reward Apple Watch owners for healthy activity

CNBCSeptember 15, 2020September 16, 2020

by CNBCSeptember 15, 2020September 16, 2020059

CNBC – For more and to sign up click here Screenshot from a video showing how Lumi Health will work. Apple Apple is working with the government of Singapore to help get citizens moving and living healthier lives with an Apple Watch. The two-year program is a first of its kind,......

U.S.-China decoupling is underway — but complete divorce is ‘almost impossible,’ says ex-Chinese minister

CNBCSeptember 15, 2020September 15, 2020

by CNBCSeptember 15, 2020September 15, 2020010

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