Asia
Last week, the central bank accepted bids to buy back 52.7 billion rupees worth of bonds
This growth was driven by a weaker yen and overseas corporate acquisitions, which boosted the value of Japan's foreign assets
Korea, Japan, China hold trilateral summit, issue joint statement for collaboration in 6 key sectors
Countries agreed to support discussions to speed up negotiations for a trilateral free-trade agreement
China established the first phase of the semiconductor industry fund in 2014 with a capital of 138.7 billion yuan
The new space agency began operations with about 110 people, and will fill its 293-strong workforce in phases
Data from the National Bureau of Statistics reported that this growth rate was the same as that registered in the first quarter
The manufacturing and processing sector grew by 6.3 percent, contributing 5.5 percentage points to the overall increase
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
