China and India could become the world’s largest and third-largest economies, respectively, in the next decade, and their stock markets could grow a whopping fourfold by 2050, according to Abrdn CEO Stephen Bird. Previously, Asian countries were seen as “laggards," meaning they were falling behind other fast-growing markets.
THIS AUTHOR'S ARTICLES
As Hong Kong gradually learns to live with COVID, reopening the China border has remained one of its major goals, especially for the city’s next leader, John Lee, who vowed to put easing border controls at the highest priority in his campaign. But when Lee recently visited Beijing, Chinese
India’s power demand is rising at the fastest pace in nearly four decades, and the country is having a hard time keeping up. With its pricey coal-fired power plants, experts think that India could potentially face an energy crisis soon. An extreme heat wave in India has contributed to
Hong Kong will change more of its COVID travel requirements from June 1, as the city eases into further relaxation while still adhering to its COVID-zero policy. Here’s a brief summary of the latest tweaks. From June 1 onwards: * Inbound travelers, except children under the age of three or
On Saturday, British Prime Minister Boris Johnson told Ukrainian President Volodymyr Zelenskiy that he would work with G7 partners to find ways to resume grain exports from Ukraine as the global food crisis becomes a growing concern. Amid the ongoing war, Ukrainian farmers currently have around 20 million tons of
After about two months of lockdowns, Chinese authorities in Shanghai have decided to relax the COVID rules from June 1 as cases are on the decline. The city reported 122 new infections on Saturday, down from 170 on Friday. Only one positive case was found outside government quarantine. So, starting
President Joe Biden paid his first-ever visit to Asia as president this week, conducting a series of summits in South Korea and Japan – both close US allies. He held talks, launched the Indo-Pacific Economic Framework (involving 13 nations) and attended the Quad summit in Tokyo. But none of the talks