Domestic and international tourist crowds traveling in Japan

I thought I managed to beat the tourist crowds on my recent trip to Japan. On my first night in Osaka, I managed to get a picture with the famous Glico sign without anyone else in the background. Zoom In IconArrows pointing outwards Days later, CNBC’s Abigail Ng saw multiple groups of people flocking to … Read more

Hong Kong stocks rise nearly 4% ahead of China’s Covid briefing

Oil prices jump more than a dollar ahead of China’s briefing Oil prices climbed ahead of a press conference which will be held by China’s State Council, as investors continue to monitor developments – paring some losses seen on Monday, when it reached the lowest levels in almost a year. The West Texas Intermediate futures … Read more

Hong Kong stocks lead losses in Asia on China unrest, oil at lowest in 2022

Proposed oil price cap ‘not likely’ to be lowered by Poland, Baltic States’ disagreements: CBA The European Union’s proposed cap on the price of Russian oil will likely not be lowered due to Poland and the Baltic States’ dissent, according to the Commonwealth Bank of Australia. The two countries have objected to the proposal claims, … Read more

Five countries, other than China, most dependent on the South China Sea

The photo was taken from the left window of a commercial airplane, Hong Kong International Airport (Chek Lap Kok International Airport, HKG) to Singapore Changi International Airport (SIN) in the daytime. Taro Hama @ E-kamakura | Moment | Getty Images The South China Sea is a vital trade route connecting the main arteries of trade … Read more

Malaysia election set to be a battleground of uncertainty

Senior statesman Mahathir is running his own coalition of four parties, Gerakan Tanah Air which will be contesting 125 seats. Nurphoto Nurphoto Getty Images The historic win by Malaysia’s largest opposition party in 2018 is fading fast. Political experts are predicting more drama at the country’s upcoming general election on Saturday, with no certainty of … Read more

Deglobalization is not an option for any of us, German Chancellor Olaf Scholz says

Chancellor Scholz with Singaporean ministers ahead of his speech on Monday. Picture Alliance | Picture Alliance | Getty Images German Chancellor Olaf Scholz and Singapore Deputy Prime Minister Lawrence Wong have taken a united stance on continuing to work with China, but also remain committed to diversification. Scholz, attending the Asia-Pacific Conference of German Business … Read more

Deglobalization is not an option for any of us, German Chancellor Olaf Scholz says

Chancellor Scholz with Singaporean ministers ahead of his speech on Monday. Picture Alliance | Picture Alliance | Getty Images German Chancellor Olaf Scholz and Singapore Deputy Prime Minister Lawrence Wong have taken a united stance on continuing to work with China, but also remain committed to diversification. Scholz, attending the Asia-Pacific Conference of German Business … Read more

Hong Kong stocks up 3% as tech stocks rise; China’s activity data disappoints

There is tremendous value in some Chinese tech stocks, says Primavera Capital Shares of large Chinese tech companies are currently “just so depressed” and “dirt cheap,” said Fred Hu, founder and chairman of Primavera Capital. The Hang Seng Tech index in Hong Kong is down more than 30% since the beginning of the year, although … Read more

Hong Kong stocks up 3% as tech stocks rise; China’s activity data disappoints

Hong Kong-listed Chinese technology stocks jumped early in the session Hong Kong-listed shares of Chinese technology companies rose significantly in the first hour of trade. Tencent rose 7.6%, Meituan gained 5.9%, and Alibaba rose 9% The Hang Seng Tech index was up around 4%. The moves come despite disappointing activity and retail sales data from … Read more

Ahead of Xi meeting, Biden calls out China – POLITICO

PHNOM PENH, Cambodia – US President Joe Biden offered a full-throated American commitment to the nations of Southeast Asia on Saturday, pledging at a Cambodian summit to help stand against China’s growing dominance in the region – without mentioning the other superpower by name. Chinese President Xi Jinping was not in the room at the … Read more