Rising Bad Loans and Declining Profits Challenge Macau’s Banking Sector
Macau's banking sector has been hit hard by a dramatic rise in non-performing loans over the past year
May 7, 2024Asia-Pacific is the engine of the global economy and the main arena of US-China competition – the source of the world’s chips, the buyer of its commodities, and the swing factor in every supply chain. The Rio Times covers Asia through an emerging-market investor lens: the markets, currencies, trade policy, critical-materials leverage and the great-power contest that ripples straight into Latin America’s terms of trade. From China and India to Japan, Korea and Southeast Asia, this hub gathers our daily Asia-Pacific coverage and connects it to the wider Global South story.
Macau's banking sector has been hit hard by a dramatic rise in non-performing loans over the past year
May 7, 2024
Chinese President Xi Jinping's journey through Europe arrives amidst escalating trade tensions and geopolitical rifts
May 7, 2024
In Uzbekistan's arid yet fertile lands, farmers face a mounting crisis. Salinity increasingly taints their soil, reducing wheat
May 7, 2024
On Friday, Brazilian President Luiz Inácio Lula da Silva and Japanese Prime Minister Fumio Kishida signed three strategic agreements.
May 3, 2024
With nearly 40% of Americans viewing China as a foe, sentiment against Beijing has been at its peak since 2021
May 3, 2024
In 2023, China's corporate landscape experienced varied outcomes, with non-financial firms reporting their first profit decline in five years
May 3, 2024
In February 2022, following Russia's full-scale invasion of Ukraine, Western companies, including Amazon and Apple, exited the Russian market
May 2, 2024
Jeremiah Manele, previously the foreign minister, has ascended to Prime Minister of the Solomon Islands in the Pacific.
May 2, 2024
In April 2024, Japan saw a notable rise in its manufacturing PMI to 49.9, the highest since June 2023 but...
May 1, 2024