Stocks, dollar stay calm in Asia
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"Relationships are built on economic ties in Southeast Asia, more than anything else," Teneo's Bob Herrera-Lim said.
China is becoming less and less interested in other countries’ goods. Its imports are stagnant even as exports soar, a result of sluggish consumption and Beijing’s all-out push to beef up domestic industries.
Their simulations mapped out possible routes Neanderthals could have followed to reach Asia, and suggest that by traveling during warmer periods and following river valleys, they could have traversed approximately 2,
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Second, and crucially, it marked the official operation of China's first logistics project on the Caspian Sea coast. Then on Saturday, with the resounding sound of a train whistle, a special train loaded with 55 containers departed Wujiashan Station in Wuhan,
Inflation is easing across Asia as lower food and fuel prices and stronger local currencies against the dollar push down costs. That’s giving the region’s central bank chiefs scope to support their trade-reliant economies as the risk of US tariffs and related uncertainty weigh on the outlook.
Whether Southeast Asia becomes a leading hub or a supporting node will depend on the decisions governments and enterprises make in the next two to three years.
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Asia stock markets were little changed on Monday, following Friday’s sharp sell-off on Wall Street amid escalating Middle East tensions and global economic concerns. Investors digested a batch of mixed Chinese economic data.