Asia

ASIA: China’s economy grew 4.8 percent in the first quarter, the National Bureau of Statistics said Monday, warning of “significant challenges” ahead as a resurgence of the coronavirus threatens Beijing’s ambitious annual target. China’s gross … Read more

ASIA: The major Asian stock markets had a negative day today: NIKKEI 225 decreased 293.48 points or -1.08% to 26,799.71 Shanghai decreased 15.72 points or -0.49% to 3,195.52 Hang Seng closed ASX 200 closed Kospi … Read more

ASIA: The World Bank cut its economic growth forecast for India and the whole South Asian region on Wednesday, citing worsening supply bottlenecks and rising inflation risks caused by the Ukraine crisis. The international lender … Read more

ASIA: China’s imports unexpectedly fell in March as COVID-19 curbs across large parts of the country hampered freight arrivals and weakened domestic demand, while export growth slowed, prompting analysts to expect a worsening in trade … Read more

ASIA: China’s producer inflation for March was higher than expected. The producer price index surged 8.3% as compared with a year ago, official data showed Monday, above expectations for a 7.9% increase in a Reuters … Read more

ASIA: China’s five major state-owned banks have adopted a slew of measures to ease the residential mortgage burden for individual borrowers affected by the COVID-19 epidemic.  These steps include postponing mortgage repayments, extending repayment periods, … Read more

ASIA: Core consumer prices in Japan’s capital rose at the fastest pace in more than two years in March, propelled by energy costs that have hit a four-decade high following Russia’s invasion of Ukraine. The … Read more

ASIA: Japan cannot avoid crafting a supplementary budget for fiscal 2022 as part of measures to mitigate the impact of rising prices on the economy, former Prime Minister Yoshihide Suga said Sunday. His successor, Fumio … Read more

ASIA: Chinese Vice Premier Hu Chunhua called on Saturday for greater efforts to stabilize foreign trade amid a complex external environment, the official Xinhua news agency reported. Commerce Minister Wang Wentao said in March that … Read more