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12 Feb Germany’s economy is on shaky ground and there are few signs of hope

Posted at 06:10h in Europe

Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner (FDP), Federal Minister of Finance, follow the debate at the start of the budget week.Michael Kappeler | Picture Alliance | Getty ImagesGood news...

12 Feb The EU’s green reputation takes a hit

Posted at 06:09h in Europe

A farmer pulls waste to block the RN 19 near in Vesoul, eastern France, on January 25, 2024. Sebastien Bozon | Afp | Getty ImagesThe European Union prides itself on being a champion for the environment.But that reputation is now being firmly tested, after it toned...

12 Feb Year of the Dragon: ‘dragon baby’ frenzy to drive up gold jewellery sales by 30%, gold prices to hit record highs, industry players say

Posted at 04:30h in Asia

“The dragon is the superstar among the 12-animal Chinese zodiac, representing power and strength.”The dragon is the only mythical creature in the Chinese zodiac, and having a child in the Year of the Dragon is considered a blessing. Dragon babies tend to be associated with...

12 Feb Green finance: China faces acute lack of talent for sustainability-linked investment, says CFA Institute

Posted at 03:30h in Asia

China lacks both an adequate supply and a pipeline of finance professionals with expertise in environmental, social and governance (ESG) issues as demand for such people surges amid a boom in sustainable investing, according to the CFA Institute.China is struggling to develop ESG analysts, strategists...

12 Feb How Hong Kong’s new eMPF Platform will impact employers and members

Posted at 02:30h in Asia

Here is what you need to know about eMPF.What is eMPF?EMPF is a centralised electronic platform that aims to standardise and automate the administration processes of MPF schemes.At present, the 12 MPF trustees, such as HSBC, Manulife and AIA, each have their own systems to...

12 Feb Shanghai’s commercial property landlords face pressure to lower rents, help tenants’ businesses amid weak consumer sentiment

Posted at 01:30h in Asia

Owners of commercial properties in Shanghai are under pressure to cut rents to support restaurants and retailers facing the daunting task of sustaining their businesses amid lacklustre consumer demand. Shopping centres and retail outlets based in the city’s non-central business district (CBD) areas are likely...

12 Feb How Tencent is using AI and VR tech to revive traditional art of Chinese opera, with Hua Mulan just a beginning

Posted at 00:00h in Asia

Hua Mulan, a legendary heroine in ancient China who took her father’s place in conscription for the army by disguising herself as a man, is now known all over the world thanks to The Walt Disney Co’s 1998 animated motion picture Mulan and its 2020...

11 Feb Top 10 destinations for international travel in 2023

Posted at 17:00h in Europe

In December, Euromonitor International released its annual list of the Top 100 City Destinations in the world for 2023. The report compared cities using 55 metrics across six categories, including tourism infrastructure, health and safety, sustainability, tourism performance, and more. Euromonitor International's analysis also included...

11 Feb Chinese companies set to benefit if front-runner Prabowo Subianto seals victory in Indonesian presidential election

Posted at 08:08h in Asia

Days before Indonesians vote for their first new president in a decade, opinion polls favour an ex-general bent on continuing an economic strategy anchored on business ties to China while vowing to sustain a more neutral foreign policy stance between Washington and Beijing.As the...

11 Feb China to drive private market opportunities in Asia as healthcare, consumption offer pickings: HarbourVest

Posted at 07:00h in Asia

Private markets firm HarbourVest sees investment opportunities in Asia including China’s healthcare services and consumer industries, with the country’s declining demographics and uptick in retail spending lifting demand for related products.Trends like the reshuffling of global supply chains in the year ahead will also throw...

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