Economists have hailed the State Bank of Vietnam’s decision to depreciate the dong, saying the move will help cool down the forex market and decrease the trade deficit, which has been growing since early this year. 808 more words
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The Republic’s economy “remains on track to post moderate growth of 2 to 4 per cent” this year, according to the Monetary Authority of Singapore (MAS). 772 more words
US President Barack Obama will seek to encourage the emergence of a more assertive Japan and close in on a major Pacific trade deal when he hosts Prime Minister Shinzo Abe at the White House on Tuesday (Apr 28). 539 more words
China is planning to boost development of the exhibition industry through market liberalization, according to a guideline released by the State Council on Sunday.
A ministerial joint conference, including a dozen central government departments, will be established to coordinate the formulation and implementation of new market rules, the guideline said, setting a deadline of 2020 for China to have an exhibition center “with a sound development environment and a high level of internationalization”. 211 more words
Chinese smartphone maker Xiaomi is celebrating five years of success this week. In its home market, the company has secured a solid niche and is now extending its reach overseas. 622 more words