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Hong Kong Jan home prices at 11-month low, hit by COVID

HONG KONG (Reuters) – Hong Kong private home prices dropped for the fourth consecutive month in January to the lowest since February 2021, official data showed on Thursday, as the.

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Economy News

China vows to keep property market stable, meet demand this year

BEIJING (Reuters) -China’s housing minister pledged on Thursday to keep the real estate market stable this year and ensure genuine demand for homes is met, after a series of regulations.

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Economy News

Malaysia’s January CPI up 2.3%, below forecast

Feb 24 (Reuters) – Malaysia’s consumer prices in January rose 2.3% from a year earlier, below forecast,  government data showed on Thursday.​ January’s consumer price index (CPI) was expected to rise 2.5%,.

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Business Economy News

Icahn’s board fight at McDonald’s pivots on pigs in small crates

McDonald’s is facing the most high-profile attack on its animal-welfare policies to date. By Deena Shanker and Leslie Patton Bloomberg With Carl Icahn teaming up with the Humane Society of the.

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US stocks drop as Ukraine crisis worsens

Stocks fell, pushing the S&P 500 into a correction, as sanctions against Russia put stress on an already-jittery market. By Vildana Hajric Bloomberg Stocks fell, pushing the S&P 500 into a.

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Economy News

Hong Kong budget for fiscal 2022/23

HONG KONG (Reuters) – The following are highlights of Hong Kong’s budget for the 2022/23 fiscal year starting in April. The budget was presented by Financial Secretary Paul Chan on.

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Business Economy News

Thai economic recovery to continue but still fragile-central bank minutes

By Orathai Sriring BANGKOK (Reuters) – Thailand’s economy would continue to recover in 2022, but a rebound would remain fragile and uneven, as an Omicron outbreak puts less pressure on.

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West unveils sanctions with more ready if Russia launches full-scale Ukraine invasion

By Tom Balmforth, Polina Nikolskaya and Steve Holland MOSCOW/DONETSK/WASHINGTON (Reuters) -Western nations and Japan on Tuesday punished Russia with new sanctions for ordering troops into separatist regions of eastern Ukraine.

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Economy News

Rouble, stocks sink as Putin recognises Ukraine breakaway regions

No Russian assets were left unscathed, with the rouble slipping past 80 against the United States dollar. The Russian rouble tanked on Monday, slipping past 80 against the United States.

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Economy News

Oil jumps as tensions mount over Ukraine

Oil also got a boost Monday after Saudi Aramco said it sees signs that demand is surging, especially in Asia. By Grant Smith and Devika Krishna Kumar Bloomberg Oil jumped as tensions.

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