Posted inWorld News

Asian shares reverse gains on growing impact of China virus

BANGKOK (AP) — Asian shares reversed early gains Thursday as health authorities around the world moved to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. China and other nations have ramped up screenings for fever on aircraft and at airports. The central Chinese city of Wuhan, where the […]

Posted inPacific News

Growth prospects of the East and South Asia regions have weakened, amid persistent trade tensions and policy uncertainty: UN report 

Strong external headwinds may set back policy efforts geared towards tackling development challenges Bangkok, 22 January – Given persistently high trade tensions and policy uncertainty, the growth outlook of East and South Asia has weakened, according to the United Nations World Economic Situation and Prospects (WESP) 2020, which was launched today in Bangkok. The Report states […]

Posted inWorld News

Philippines braces to evacuate its workers in Iraq, Iran

MANILA, Philippines — Philippine President Rodrigo Duterte ordered the military to prepare to deploy its aircraft and ships “at any moment’s notice” to evacuate thousands of Filipino workers in Iraq and Iran, reflecting Asia’s growing fears for its citizens amid a potential outbreak of violence in the Middle East. Other Asian nations with large populations […]

Posted inWorld News

Asian markets mostly higher on optimism about US-China deal

TOKYO — Asian shares were mostly higher on optimism about a U.S.-China trade deal as regional markets opened the new year’s first day of trading Thursday. Australia’s S&P ASX 200 gained 0.3% in morning trading to 6,704.00, while South Korea’s Kospi lost 0.8% to 2,179.25. Hong Kong’s Hang Seng jumped 1.2% to 28,516.99, while the […]

Posted inBillboard

UN committee opens with call for strengthened regional tax cooperation in Asia-Pacific

Bangkok (ESCAP news) – The Second Session of the Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development opened today at the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) with high-level officials underscoring the need to strengthen this Committee as a region-wide tax cooperation platform. “Increased recognition of regional […]

Posted inBillboard

UN committee opens with call for strengthenedregional tax cooperation in Asia-Pacific

Bangkok (ESCAP news) – The Second Session of the Committee on Macroeconomic Policy, Poverty Reduction and Financing for Development opened today at the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) with high-level officials underscoring the need to strengthen this Committee as a region-wide tax cooperation platform. “Increased recognition of regional […]

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