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
ASIA: China’s factory activity slumped at the fastest pace in two years in March, a private sector PMI showed, as the fallout from the Ukraine crisis and resurgence in domestic coronavirus cases hit external and … Read more