Bloomberg As the Hong Kong government posts its first deficit in more than 15 years, all eyes will be on financial secretary Paul Chan’s budget release on Wednesday and how he’ll tap cash reserves to stimulate an economy under pressure from months of unrest and the coronavirus outbreak. Anti-government protests drove the city into recession last year and economists now ...

Bloomberg Malaysia’s political upheaval is jeopardising the economy’s outlook at a time of heightened global risks and brewing discontent among locals about rising living costs. The ruling coalition collapsed Monday amid a power struggle between 94-year-old Prime Minister Mahathir Mohamad and his planned successor. The political uncertainty is stalling economic policy, including a stimulus package that was due to be ...

Bloomberg Several Chinese cities, including Beijing, have dramatically improved their air quality in recent years, while Indian metropolises remain some of the world’s worst polluted, according to a new report. Beijing — once infamous for its toxic haze — has reduced smog levels and dropped down a list of the world’s most polluted cities, falling to 199 from 84 three ...