The challenges faced by the Asia region, as well as the world, are “immense,” said the Asian Development Bank.
From BMW to Porsche: Take a look at the cars on display at one of the world’s biggest auto shows
The BMW Vision Neue Klasse, Mercedes-Benz Concept CLA Class, Lucid Air Midnight Dream Edition and even a Lamborghini made of Lego pieces were on display at IAA Mobility.
U.S. slams Russia’s ‘sham elections’ in occupied areas; India seeks G20 consensus on the war
U.S. Secretary of State Antony Blinken condemned Russia’s “sham elections” in occupied areas of Ukraine.
China’s property market is going in ‘two directions,’ says ex-central bank advisor
Li Daokui says that “in the coming two months a lot of policies will go out, including policies to stabilize the finances of the largest property developers.”
Asia’s ultra-rich population records largest drop in the world. Here’s how North America and Europe did
Asia’s ultra-high net worth population declined about 10.9% in 2022, marking the largest fall in the world, a recent report by Altrata showed.
The G20 summit threatens to be overshadowed by India and Modi, who has made a ‘spectacle’ of the event
India’s Prime Minister Narendra Modi will meet U.S. President Joe Biden for a one-on-one bilateral meeting as world leaders gather in New Delhi for the Group of 20 summit. Critics say Modi is using the summit as a leverage to start campaigning early for elections. Reporting from New Delhi, CNBC’s Martin Soong highlights that Modi’s face is plastered on thousands of posters promoting the G20.
Asia markets fall as Japan economy grows slower than expected; Hong Kong cancels Friday trading
Hong Kong’s exchange cancelled trading for the day following a “black rainstorm” warning.
Protest stops play during U.S. Open semi-final match between Gauff, Muchová
The match between Coco Gauff and Karolína Muchová was interrupted by environmental protesters, including one who glued their feet to the cement floor.
India’s ‘massive expansion’ set to be a key driver of global economic growth
A stellar Indian economic trajectory will be an important driver for global growth, said S&P Global.
‘A comeback in the making’: UBS expects these under-the-radar European stocks to soar
Smaller European stocks outperformed large-caps this summer, UBS says. Here are some of the bank’s favorite stock picks.
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