Major lenders are confident in the rebound of Hong Kong's and China's economy, even as China ramps up its Covid measures and a 4.5% drop in Hong Kong's GDP.
The U.S. News & World Report ranked the best universities in the world for the 2022-2023 school year. The list included 2,000 universities from 95 countries.
Eight of the top 10 countries with the highest real salary increases globally are from Asia-Pacific this year, shows the Salary Trends Report by ECA international.
South East Asia's top digital economies grew faster than expected in 2022 and is set to reach $200 billion in GMV, according to Google, Temasek and Bain & Company.
Nearly twice as many U.S. companies cut their investment in China versus last year, the American Chamber of Commerce in Shanghai found in its latest survey.
Foxconn said that a small Covid outbreak at its iPhone assembly plant in Zhengzhou, China, is "controllable" and production remains "relatively stable."
The yen may weaken even further to 170 levels against the U.S. dollar next year, according to Japan's former vice minister of finance for international affairs.
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