Asia

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

Japan’s business confidence drops as yen weakens to 34-year low

Manufacturing, services sectors dampen amidst growing economic challenges

Honda speeds up China EV plans with Ye brand launch, plans 10 models by 2027

The company aims for EVs to make up 100 percent of its automobile sales in China by 2035

China’s economy grows 5.3 percent in first quarter of 2024

High-tech manufacturing propels growth despite property market concers

Japanese yen plunges to 34-year low amid dovish BoJ outlook

The yen weanked past the 154 range vs dollar