Himalayan Infrastructure Faces Rising Insurance Costs After Nepal Floods
Insurance premiums for Himalayan infrastructure projects are expected to rise following the August Nepal-Tibet floods, with reinsurers reassessing risk across the region.
India, in focus.
Insurance premiums for Himalayan infrastructure projects are expected to rise following the August Nepal-Tibet floods, with reinsurers reassessing risk across the region.
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China's new home prices fell 0.1% month-on-month in August, with the annual decline easing to 3.0%, as the prolonged property downturn continued to weigh on the economy.
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ANZ CEO Nuno Matos says Australia's tax regime, including recent capital gains changes, prevents it from becoming a top Asian financial hub.
Gold fell as rising crude oil prices revived inflation concerns and reinforced expectations of another U.S. rate hike at this week's Federal Reserve meeting.
Australian and New Zealand dollars weakened as markets priced in an imminent US rate hike, sending Aussie bond yields to 15-year highs.
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Amazon has paused operations with Miami-based cargo carrier 21 Air following a fatal crash that killed five people.