Asia

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Temporary, Casual And Self-Employed Account For 75% Of Workers

Three-quarters of the world’s workers are temporary, casual or self-employed and this sort of employment is likely to become more prevalent, says the International Labour Organisation. The ILO, a UN agency that specialises in work, analysed employment pa ...

Daily Headline - global.abi.org - 05/18/2015 - 23:16 - 0 comments

Amid China Slowdown, Foreign Creditors Face Bankruptcy Riddle

As China's economy slows and Beijing becomes more relaxed about letting its companies fail, a rising number of foreign bondholders risk being caught up in the country's unpredictable court system, Reuters reported. Last month, solar producer Ba ...

Daily Headline - global.abi.org - 05/17/2015 - 22:53 - 0 comments

Sharp Says Banks to Provide $1.7 Billion Bailout

include cutting 10 percent of its global workforce, including about 3,500 jobs in Japan. It reported a net ...

Daily Headline - global.abi.org - 05/14/2015 - 19:24 - 0 comments

Hard Economics Hit Southeast Asia Consumer Dream

Multinational companies drawn to Southeast Asia by hopes of a long consumption boom are witnessing a reversal of fortunes in its three biggest economies as shoppers lose their mojo, the Financial Times reported. Household debt, sluggish wage rises an ...

Daily Headline - global.abi.org - 05/14/2015 - 19:25 - 0 comments

Gloomy China Data Prompt Talk Of Fresh Stimulus

The Chinese economy continued to slow in April, prompting predictions of more fiscal and monetary stimulus from Beijing, much of which is likely to end up in the booming domestic stock market, the Financial Times reported. Fixed asset investment, a k ...

Daily Headline - global.abi.org - 05/13/2015 - 22:28 - 0 comments

Next Up for China’s Central Bank: How to Get Loans to Small Firms

Having delivered an interest-rate cut to help big state-owned companies and local governments cope with debilitating debt, China’s central bank is grappling with another thorny task: how to steer credit to the private businesses Beijing deems crucial to ...

Daily Headline - global.abi.org - 05/11/2015 - 22:13 - 0 comments

China Cuts Interest Rates as Economic Growth Slows

China cut interest rates for the third time in six months amid a worse-than-expected economic slowdown, as authorities scramble to ease the heavy debt burdens of companies and governments. The People’s Bank of China said Sunday it would shave a quarter o ...

Daily Headline - global.abi.org - 05/10/2015 - 22:14 - 0 comments

China’s Anbang in Talks to Buy German Real Estate Lender PBB

Anbang Insurance Group of China is in talks to buy the large real-estate arm of the failed German lender Hypo Real Estate AG, in a potential billion-euro deal that would expand a global shopping spree by the Beijing-based firm, according to people famili ...

Daily Headline - global.abi.org - 05/10/2015 - 22:15 - 0 comments

China’s Anbang in Talks to Buy German Real Estate Lender PBB

Anbang Insurance Group of China is in talks to buy the large real-estate arm of the failed German lender Hypo Real Estate AG, in a potential billion-euro deal that would expand a global shopping spree by the Beijing-based firm, according to people famili ...

Daily Headline - global.abi.org - 05/07/2015 - 22:42 - 0 comments

Origins of Chinese Bond Default Buried in Accounting Footnotes

Investors still wondering how Kaisa Group Holdings Ltd. doubled its debt in six months and triggered China’s first property bond default may want to read page 63 of its 2014 interim report. There, in footnote No. 15 of the Shenzhen-based company’s balanc ...

Daily Headline - global.abi.org - 05/06/2015 - 22:34 - 0 comments

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