Asia

China’s employment stability, social security fund growth in Q1 reflect economic resilience

3.03 million new urban employment opportunities reflect China's improving economic landscape

Asia is the region most impacted by climate disasters: WMO

79 water-related climate disasters impacted Asia last year

India’s manufacturing sector continues to support private sector growth, PMI data says

Growth in India remained broad-based in both the manufacturing and services sectors

Dollar-yen exchange rate hits 34-year peak as investors monitor Japan’s currency support measures

The dollar climbed to 154.85 yen, its highest point since the middle of 1990

China leaves benchmark lending rates unchanged in line with market expectations

The country kept one-year LPR at 3.45 percent, five-year LPR at 3.95 percent

Oman LNG signs 10-year supply agreement with TotalEnergies

TotalEnergies also announces final investment decision for Oman's Marsa LNG project

China’s state fund invests over $41 billion into stock market in Q1: Report

Investments aimed at bolstering the stable operation of China's capital markets

Japan to commit $468.5 million to build supercomputers for domestic AI development

Japan’s ministry aims to promote domestic development of GenAI by upgrading the country's computing infrastructure

China’s marine fuel oil exports plunge 32 percent YoY to 1.32 million tons in March

The exports are primarily driven by sales from bonded storage for vessels operating on international routes

Chinese yuan hits 5-month low amid escalating Middle East tensions

Regional tensions jeopardize emerging market currencies amid safe-haven rally

IMF’s Georgieva urges China to address economic slowdown, enhance productivity

The Managing Director highlighted concerns over the country's property crisis, called for domestic growth strategies

China’s fiscal stimulus shifts focus amid effectiveness concerns: S&P report

Fiscal stimulus in China aims to buy time for the implementation of longer-term policies

Japan’s March core inflation slows to 2.6 percent despite yen weakness

Despite wage hikes, inflation-adjusted real wages continued to decline for nearly two years

IMF prepared to assist Sri Lanka in talks with bondholders

Sri Lanka government failed to restructure $12 billion debt with bondholders

Bank of Japan signals gradual approach to interest rate hikes amidst domestic economic challenges

Board member Noguchi foresees slower policy adjustments compared to global counterparts

Türkiye announces economic strategy to boost public savings, investments, and reforms

President Erdogan projected that economic growth will reach around 4 percent this year

Apple considers building manufacturing facility in Indonesia amid push to increase local production

The U.S. company also plans to inaugurate Apple's fourth developer academy on the island of Bali

Japan faces third consecutive trade deficit amid rising import costs, weak yen

Exports to China declined slightly on an annual basis, marking the first decrease in four years

Riyadh to ‘move ahead significantly’ on $5 billion Pakistan investment plan

Investments to encompass agriculture, mining, information technology, and aviation