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Singapore's Wong says China needs to grow influence 'carefully'

China’s attempt to grow its influence shouldn’t come at the expense of other countries feeling pressured or it risks a backlash, according to Singapore Deputy Prime Minister Lawrence Wong.

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Singapore Keeps Monetary Settings Steady to Shore Up Growth

(Bloomberg) Singapore’s central bank kept monetary settings unchanged for a second time this year amid waning core inflation, while increasing the frequency of its policy decisions to quarterly to be nimble in responding to evolving challenges.Most Read from BloombergIsrael Latest: US House Republicans Seek Deal to Move AidTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: Hamas Leaders Targeted as Ground War LoomsStocks, Bonds Fall as CPI Boosts Fed-Hike Wagers: M

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Taiwan Holds on Rates, Projects Slowest GDP Growth Since 2009

(Bloomberg) Taiwan’s central bank expects the economy to grow this year at the slowest pace since the global financial crisis as trade struggles more than initially anticipated and China’s slowdown weighs on activity, muddying the outlook ahead of a critical presidential election.Most Read from BloombergCanada Pulls Diplomats, India Suspends Visas Amid Tensions‘Dead Space’ Co-Creator Departs Startup After Newest Game FlopsEx-Goldman Bankers Make a Fortune With Controversial Bet on CoalPassala

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Slumping property sector weighs down China's economic recovery

China’s economic recovery is being weighed down by a worsening property slump, with the latest data likely to show little sign of a rebound in growth. Official figures due Tuesday are expected to show only moderate increases in industrial output, retail sales and fixed-assets investment in July. The contraction in…

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China's Economic Recovery Faces Fresh Risks From Property Crisis

China's Economic Recovery Faces Fresh Risks From Property Crisis
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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