Asia
Sharp decrease is largely attributed to aggressive efforts by Tokyo authorities to stabilize the yen
Government caps aviation turbine fuel price at INR75.6 per litre for domestic flights
South Korea’s semiconductor exports soared 169.4 percent year-on-year to a record $37.16 billion in May
Nominal gross domestic product increases 0.8 percent during the three-month period
The first three projects include an oil export facility in Texas, an industrial diamond plant and a natural gas-fired power plant
Central bank keeps policy steady in 6–3 vote as market expected
The investment commitment of $20 billion from New Zealand signals strong confidence in India’s growth story
The two sides agreed to substantially deepen economic cooperation, with a focus on industries such as shipbuilding, defense and artificial intelligence
Country implemented fuel rationing and 35 percent price hike to preserve foreign reserves
One in five working-age Japanese use generative AI since 2024 boom
Neutral interest rate range stands between -0.9 percent and +0.5 percent
State reserves drawdown equals 30 days of demand roughly 8.5 million kiloliters scheduled through April end
Japan’s Prime Minister meets with IEA’s Birol to request further coordinated release of oil reserves
Birol noted the IEA is actively consulting with governments across Europe and Asia regarding release of additional stockpiles
New price caps save chinese drivers hundreds of dollars per tonne
Core inflation eased from 2 percent in January to 1.6 percent in February, falling below the BOJ’s 2 percent target for the first time since March 2022
Plan designed to finance subsidies aiming to curb gasoline prices
Legislation completes major portion of trade agreement intended to mitigate U.S. tariff strains on Korean goods
Hainan saw 12.32 million visits with duty free sales in Sanya jumping more than 214 percent
The central bank has indicated it is prepared to continue tightening policy if price gains persist alongside solid wage growth
Brazil possesses the world's second-largest reserves of rare earth minerals, which are essential for numerous products
The revised 19 percent tariff rate aligns Indonesia with other Southeast Asian economies that have reached similar deals with Washington
Agreements form part of the implementation framework of the broader U.S.-Indonesia trade deal Prabowo is set to sign with Trump on Thursday
Agreement exempts more than 2,000 export items from reciprocal tariffs, cutting average duty to 12.33 percent
