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Investors are looking for the next policy domino to fall in Asia amid an escalating campaign against a resurgent dollar, after Indonesia used a surprise interest rate hike to defend the rupiah.
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker.
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Initial data on US gross domestic product for the first quarter of 2024 is set to confirm an ongoing economic boom amid a tailwind from surging immigration.
When it comes to Chinese real estate, John Lam is a lone wolf.
Jan 10, 2017
Reuters
The value of Canadian building permits fell by 0.1 per cent in November from October, though that was not as steep a decline as analysts had expected, data from Statistics Canada showed on Tuesday.
Construction intentions declined mostly in Alberta following a spike in the previous month due to impending changes to the Alberta Building Code.
The total value of residential building permits dropped by 1.6 per cent in November on declining construction intentions for single-family dwellings in Alberta.
The non-residential sector increased 3.0 per cent on planned institutional and industrial buildings.
