10.8 mln Chinese graduates to enter job market in weak economy Youth unemployment at 18.4%, 3 times higher than overall rate Graduates’ jobs a top government priority amid stability risks BEIJING, June 23 (Reuters)-Jenny Bai was among 10 high-performing computer science students from different Chinese universities selected by a Beijing-based internet firm for a job … Read more
COLOMBO, Sri Lanka – Sri Lanka’s prime minister says its debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity, and the South Asian island nation cannot even purchase imported oil. “We are now facing a far more serious situation beyond the mere shortages of fuel, gas, electricity and food. Our economy … Read more
The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS / Issei Kato / Register now for FREE unlimited access to Reuters.com Register TOKYO, June 22 (Reuters) – Japan’s SoftBank Group Corp (9984.T) said on Wednesday it has appointed Alex Clavel as chief executive of … Read more
In its lawsuit, the bondholder said the default is being ‘orchestrated by officials at the highest levels of government’. By Chris DolmetschBloomberg Published On 22 Jun 202222 Jun 2022 Sri Lanka was sued in the US by a bondholder after the South Asian nation defaulted on its debt for the first time in history while … Read more
Some BOJ members warned of damage from excess FX moves – minutes One member said weak yen good for Japan’s economy – minutes Board divided over chance of overshoot in inflation outlook BOJ strengthened commitment to keep rates low at April meeting Govt spokesperson says rapid FX moves undesirable TOKYO, June 22 (Reuters) – Some … Read more
US Treasury Secretary Janet Yellen testifies before a Senate Finance Commmittee hearing on President Biden’s 2023 budget, on Capitol Hill in Washington, US, June 7, 2022. REUTERS/Evelyn Hockstein Register now for FREE unlimited access to Reuters.com Register ROSEBUD, South Dakota, June 21 (Reuters) – US Treasury Secretary Janet Yellen said on Tuesday the department’s new … Read more
Vietnam is being touted as a good option for Kiwi exporters looking to diversify where they sell their goods, as the rocky international market hits many of our traditional trading partners hard. The South East Asian nation’s economy is now one of the strongest in the region – thanks in large part to its management … Read more
CNN – Macao, the world’s biggest gambling hub, began its second day of mass Covid-19 testing on Monday after dozens of locally transmitted cases were discovered over the weekend. But while most businesses have shut down, casinos remain open. The testing of Macao’s roughly 600,000 residents is expected to end on Tuesday. The Chinese-ruled former … Read more
Colombo hopes the IMF visit, overlapping with debt restructuring talks, will yield a quick staff-level agreement. An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks on a bailout program, but time is short for a country just days from running out of fuel and likely months from getting any relief … Read more
Text size JD.com stock rose after a company executive said in a TV interview that the Chinese e-commerce giant may move into on-demand food delivery in China. Giulia Marchi / Bloomberg JD.com is considering expanding into on-demand food delivery service, a top executive of the Chinese e-commerce giant said in a Bloomberg TV interview. Such … Read more