Mortgage rates in China have come down to the lowest level since 2008 after lenders slashed their five-year loan prime rate (LPR) by 25 basic points earlier this month, the first cut since last June.
On March 8, 2024, when President Biden signed into law a $459 billion legislation package to fund portions of the government for the next six months, most media attention focused on the last-minute aversion of a partial government shutdown. However, buried in the legislation are provisions that demonstrate increasing concern about the foreign acquisition of U.S. […]
The Malaysia Healthcare Travel Council (MHTC) targets 2.4 billion MYR (US$502 million) in revenue from health tourism this year. The earnings are expected to contribute an economic spillover of about 9.6 billion MYR ($2.1 billion) to other industries, including hospitality and transport.
Why South Korea’s Japan-style measures to boost its stock market may not work
KEY POINTS South Korea’s Japan-style measures for improving corporate governance may not be enough to boost its undervalued stock markets and tackle the so-called “Korea discount.” The country’s Financial Services Commission on Monday revealed its “Corporate Value-up Program,” aimed at supporting shareholder returns through incentives including tax benefits. Asia’s fourth-largest economy is striving to boost stock market […]
Wednesday, March 13, 2024 • 12 p.m. CT Healthcare providers, researchers, pharmaceutical and device companies, and others are combining powerful data analytics and artificial intelligence models with large volumes of clinical data to provide new insights, therapies and treatments to improve healthcare operations. This activity is taking place with the backdrop of a wide range […]
PETALING JAYA: Malaysia, with a credible and meaningful presence in aviation material and aircraft parts and components manufacturing, hopes to play a more important part in the global supply chain, said deputy investment, trade and industry minister Liew Chin Tong. He said the aerospace sector plays an important role in advancing the four key missions […]
Wednesday, March 13, 2024 • 12 p.m. CT Healthcare providers, researchers, pharmaceutical and device companies, and others are combining powerful data analytics and artificial intelligence models with large volumes of clinical data to provide new insights, therapies and treatments to improve healthcare operations. This activity is taking place with the backdrop of a wide range […]
USCIS Announces Registration Period, Instructions and Updates for FY 2025 H-1B Cap Season
U.S. Citizenship and Immigration Services has announced that the initial registration period for the fiscal year 2025 H-1B cap season will open at noon ET on March 6, 2024, and run through noon ET on March 22, 2024. During that period, prospective petitioners and their representatives, if applicable, must use a USCIS online account to […]
U.S. Citizenship and Immigration Services published a final rule, effective April 1, 2024, to adjust certain immigration and naturalization benefit request fees. The final rule includes fee increases for various categories.
Boeing 737 MAX lands in China, ending import freeze on order backlog The first Boeing 737 MAX jet delivered to a Chinese airline since March 2019 landed in China, ending an almost five-year import freeze on the planemaker’s most profitable jets and heralding the potential delivery of a backlog of dozens of finished MAXs to […]
Japan’s Aozora Bank hits near 3-year lows as bad U.S. property loans prompt loss forecast
Aozora Bank shares hit near three-year lows Friday, as investors continued to hammer the Japanese commercial lender after it downgraded its annual outlook to a loss on bad U.S. commercial real estate loans. Aozora, which had earlier forecast a profit, saw its shares plunge by as much as 18.5% to their lowest levels since February 2021 […]
MSCI cuts dozens of companies from its China benchmark amid stock market rout
Global stock index compiler MSCI is deleting dozens of companies from its benchmark China Index, which could further exacerbate fund outflows from Chinese equities after a massive stock market rout.
