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Economy & Markets

Asian central banks, currencies, trade flows, commodities and the supply chains wiring the Indo-Pacific.

HSBC's Third-Quarter Profit Falls 46% Amid Pandemic and Geopolitical Strains
Economy

HSBC's Third-Quarter Profit Falls 46% Amid Pandemic and Geopolitical Strains

HSBC's post-tax profit fell to $2 billion in Q3, a 46% year-on-year decline. The bank is accelerating a global restructuring to cut costs an

Priti Sharma ·
US Tech Giants Face Earnings and Regulatory Scrutiny with Asian Market Implications
Economy

US Tech Giants Face Earnings and Regulatory Scrutiny with Asian Market Implications

Amazon, Apple, Facebook, and Google report quarterly results while facing intensified antitrust scrutiny in Washington. The hearings and ear

Priti Sharma ·
ADB Warns Asia's 2021 Economic Recovery is Fragile and 'Swoosh-Shaped'
Economy

ADB Warns Asia's 2021 Economic Recovery is Fragile and 'Swoosh-Shaped'

Developing Asia is projected to contract 0.7% in 2020, its first recession in nearly 60 years, pushing tens of millions into poverty. While

Priti Sharma ·
Apple's Holiday Strategy Pivots to Wearables and Services as 5G iPhone Waits
Economy

Apple's Holiday Strategy Pivots to Wearables and Services as 5G iPhone Waits

Apple will spotlight its smartwatch, iPad, and subscription services in a bid to boost holiday sales, with a key 5G iPhone launch delayed. T

Priti Sharma ·
China's Major Airlines See Uneven Recovery as Domestic Travel Rebounds
Economy

China's Major Airlines See Uneven Recovery as Domestic Travel Rebounds

China Southern Airlines posted a Q2 loss of 2.9 billion yuan, an improvement from Q1, as domestic travel rebounds. However, China Eastern Ai

Priti Sharma ·