Sweden Cuts Aid to Cambodia

Sweden Cuts Aid to Cambodia

The Swedish government will phase out bilateral development cooperation with Cambodia by the end of this year, raising concerns among civil society groups likely to see their budgets shrink. In 2023, the Swedish government provided about $17 million to civil society...
Singapore’s Exports to China Surge

Singapore’s Exports to China Surge

Singapore’s key exports had a better-than-expected performance in January. Non-oil domestic exports (Nodx) rose 16.8%, led by a jump in shipments of specialized machinery to make semiconductors, and non-monetary gold, data from Enterprise Singapore (EnterpriseSG) on...
China Needs More Interest Cuts

China Needs More Interest Cuts

China needs more interest rate cuts to ease corporate financing and household mortgage costs, political advisers and experts say. A faster-than-expected credit expansion signals a nascent recovery in the nation’s financing demand. Both China’s new yuan loans and total...