BEIJING (BLOOMBERG) – China’s central bank asked lenders to rein in credit supply on concern the surge in loans is fueling asset bubbles, the Financial Times reported. The People’s Bank of China in February told banks to keep new loans in the first quarter roughly […] SINGAPORE (THE BUSINESS TIMES) – Department store Robinsons closed its last outlet in Singapore early this year after 162 years of operations. It shows how retail operators with physical outlets are struggling amid the relentless rise of online shopping. But take pause – don’t write […] SINGAPORE (THE BUSINESS TIMES) – The Asia-Pacific region continues to lead global growth, with all economies tipped to rebound this year, according to a Moody’s Analytics report. In addition, all Asia-Pacific economies – except the Philippines, Thailand and Malaysia – are expected to recover past […] BEIJING (BLOOMBERG) – China’s economic activity surged in the first two months of the year, underscoring the strength of its V-shaped recovery a year after the world’s first coronavirus lockdown. The official figures released on Monday (March 15) are distorted by comparisons from a year […] A coalition of business groups pleaded with Colorado lawmakers Tuesday to avoid passing any legislation, however well-intentioned, that would make it more complicated or costly to do business in the state. “We need our state leaders to simply allow businesses to get back on their […] A long, sometimes agonizing wait for federal unemployment payments to restart in Colorado came to an end for another 135,000 people over the last four days. Carrying out Phase 2 of its months-long rollout of the extended Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment […] SINGAPORE – An initiative to groom aspiring entrepreneurs here has supported over 300 participants since it was launched six months ago. Enterprise Singapore’s (ESG) Startup SG Founder Venture Building programmes have seen close to half of these participants graduate so far. About 80 per cent […] SINGAPORE – Even as Singapore’s economy stays on the recovery track, enthusiasm over a significant growth acceleration is wearing off. Vaccines have so far failed to put at rest the threat of a resurgence of the coronavirus pandemic. The uncertainty over the trajectory of the […] * Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr LONDON, Feb 15 (Reuters) – Most euro zone bond yields rose to multi-month highs on Monday with investors betting on a brighter economic outlook and a pick-up in inflation as oil prices rose to their highest level […] KUALA LUMPUR (BLOOMBERG) – Malaysia’s economic contraction quickened again in the fourth quarter, as a fresh coronavirus wave late in 2020 helped drive the economy to its worst annual showing since the Asian financial crisis. Gross domestic product shrank 3.4 per cent in the fourth […]
China asked banks to rein in credit on bubble fears, FT reports
Robinsons exits S'pore after 162 years but here's why heartland malls might survive
Most Asia-Pac economies should hit pre-pandemic levels in 2021: Moody's Analytics
China's economic activity surges a year after Covid-19 lockdown
Colorado business community asks legislature for a timeout on new regulations and higher taxes
135,000 Coloradans finally tap federal unemployment programs, labor department eyes fixes to more system bugs
ESG programmes to groom new start-ups have supported over 300 participants in 6 months
Singapore economy on the mend but uncertainty remains over pace of recovery
German, most other euro zone bond yields hit multi-month highs
Malaysia's economy shrinks faster than expected in Q4 on tighter Covid-19 curbs
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