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Asia
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
Asia
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
Asia
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
Asia
IMF prepared to assist Sri Lanka in talks with bondholders
Sri Lanka government failed to restructure $12 billion debt with bondholders
Asia
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
Asia
Türkiye announces economic strategy to boost public savings, investments, and reforms
President Erdogan projected that economic growth will reach around 4 percent this year
Asia
Japanese oil refiners prepare for potential disruptions amid Middle East tensions
Japan imports 95 percent of its oil from the Middle East
Asia
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
Asia
China expands green mine initiative nationwide to advance low-carbon agenda
China boasts over 1,000 national-level green mines
Asia
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
Asia
Riyadh to ‘move ahead significantly’ on $5 billion Pakistan investment plan
Investments to encompass agriculture, mining, information technology, and aviation
Asia
Japan’s business confidence drops as yen weakens to 34-year low
Manufacturing, services sectors dampen amidst growing economic challenges
Asia
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
Asia
China’s economy grows 5.3 percent in first quarter of 2024
High-tech manufacturing propels growth despite property market concers
Asia
Japanese yen plunges to 34-year low amid dovish BoJ outlook
The yen weanked past the 154 range vs dollar
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