Asia
The magnitude of clean energy projects currently under construction in China surged to 512.05 GW during the quarter
This represents an 18.7 percent increase compared to the same period last year
Yen weakness fuels speculation of early BoJ rate hike
In January 2023, the UAE agreed to roll over an existing $2 billion loan and provide an additional $1 billion to Pakistan
China plans on issuing 20-year, 30-year and 50-year ultra-long-term national treasury bonds this year
$12.47 billion financial support program aims to back investments by semiconductor companies
Higher crude oil prices and a sharp drop in the value of the yen boosted the cost of imports, offsetting robust growth in exports
Visitors to Hong Kong expected to stimulate around $923 million in consumer spending
Investors are speculating that BoJ will continue raising interest rates in the near future
Abu Dhabi’s Mubadala backs Japan’s 108GW solar target with inaugural renewable energy investment
PAG REN I platform will play a critical role in supporting large corporations across Japan as they transition to clean energy
For April alone, fiscal revenue fell 3.7 percent against a 2.4 percent decline in March
Domestic travel saw a 28 percent increase compared to 2019, fueling demand for gasoline
Musk launched Starlink in three health centers across Indonesia
Agreements to develop and raise the quality of residential projects across the Kingdom
China also extends visa-free travel for 11 European countries and Malaysia until the end of 2025
China shipped nearly 20 million tons of LNG already in the first quarter of 2023
Import prices in yen increased 6.4 percent annually in April and 1.4 percent compared to March
Announcement comes after commitment of $6.94 billion in investment in AI by 2027
Decline in manufacturing and services activity raises recovery concerns
Goods trade deficit decreased to $22.94 million, down from the previous year's $113.83 million
This was primarily attributed to increased expenditures aimed at strengthening the ongoing economic recovery
In April alone, 20 new FDI projects in Hanoi attracted $103.9 million
Recent power blackouts and fuel shortages during the 2022 economic crisis underscore the importance of diversifying the energy mix
