Chinese carmaker BYD Co. may be getting some bad news as it prepares to start selling in the U.S. next year. A planned reduction in government subsidies and a phase-out of interest-rate controls threaten to raise costs for it and thousands of companies across China.
Supervisor Atta Mohammad watches the cranes swivel and workers at the Naibabad freight terminal rush to unload wheat and construction material from Uzbekistan that’s just arrived on Afghanistan’s only railroad.
Indonesia is considering tax breaks for investors in the nation’s corporate bonds and is also planning to make it easier for local companies to sell shares to the public, the Financial Services Authority said.
Three people died and as many as 18,000 fled their homes as tropical storm Kajiki swept through areas of the central Philippines yet to recover from last year’s Typhoon Haiyan and a 7.2-magnitude earthquake.
Indonesian President Susilo Bambang Yudhoyono wants families to stop at two children to prevent a burgeoning population overwhelming schools and services. Asih, a cleaner in Tangerang, near Jakarta, is stopping at seven.