The good, bad and ugly, according to JPMorgan

Beijing is in no position to bail out developers, with the economy deteriorating faster than expected

Lower fees and longer trading hours part of plan to boost activity as policymakers’ concern over economy mounts

A representation of cryptocurrency Bitcoin is placed on a PC motherboard, in this illustration taken June 16, 2023. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing Rights
LONDON, Aug 18 (Reuters) – Top cryptocurrency bitcoin hit a fr…

U.S. Dollar and Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration Acquire Licensing Rights
TOKYO, Aug 18 (Reuters) – The dollar was set for a fifth winning week versus major peers, …

Summary
Companies Asian stock markets:
Japan core inflation eases, unlikely to move BOJ
Yuan firms after PBOC fixed guidance much stronger than forecast
10-yr Treasuries rebound after sell-off, dollar hold gains
SYDNEY, Aug 18 (Reuters) – Asian s…

The outcome supporting AUKUS in that platform was never in doubt, easily carried on the voices.
Especially for US politicians unfamiliar with the peculiar traditions and pressure points of internal Labor politics, however, the result of the tightly tim…

Currency weakens as concerns mount over health of world’s second-largest economy

The director of football of the Saudi Pro League is clear about his ambition: sign “all the top players” and make it one of the strongest competitions in the world within two years. While Ronaldo, Neymar, Jordan Henderson and Karim Benzema have led the…

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Property group’s 2021 bond default triggered sector-wide liquidity crisis in China

MASON, Ohio (AP) — Carlos Alcaraz and Iga Swiatek, the top-ranked players in tennis, got past adverse weather conditions and challenging opponents on Thursday to reach the Western & Southern Open quarterfinals.
Alcaraz overcame two rain delays tota…

The ‘reshoring’ of scientific research talent is having unintended consequences

The World Health Organization is not going to adopt a softer approach to supporting traditional medicines, and rather it will follow the same, rigorous standards applied for conventional medicines, Dr Shyama Kuruvilla, WHO lead for Global Centre for Traditional Medicine (GCTM), told News18.

Public Must Know What Works, What Doesn't; No Softer Approach: WHO Traditional Medicine Centre Chief comes via ChinaTechNews.com.

Asian shares were headed for their third straight week of losses on Friday, hammered by concerns about China's ailing economy and fears of U.S. rates staying higher for longer after a run of strong data sent long-term Treasury yields surging.
Europe is…

Muted tax collections have led to fiscal deficit in the first quarter widening to 25.3 per cent of the budgeted target as compared to 21.2 per cent reported in the corresponding period of the last year. Impressive non-tax revenue collections could ease…

US President Joe Biden, Japan's Prime Minister Fumio Kishida, and South Korea's President Yoon Suk Yeol pose for photos ahead of their trilateral meeting during the G7 Leaders' Summit in Hiroshima on May 21, 2023. (Photo by Brendan SMIALOWSKI / AFP) (P…

MASON, Ohio (AP) — Carlos Alcaraz and Iga Swiatek, the top-ranked players in tennis, got past adverse weather conditions and challenging opponents on Thursday to reach the Western & Southern Open quarterfinals.
Alcaraz overcame two rain delays tota…