Yen clings to gains after suspected intervention
The yen struggled to hold its line against the US dollar yesterday after making sharp gains the previous day sparked…
Category: Economy
Japan’s factory output records weakest quarter since pandemic
Japan’s factory output rebounded in March from a dismal start to the year, with the quarterly figure registering the weakest…
China travel surges for May holiday but consumers remain wary
TRAVEL by rail and car across China surged on Wednesday, the first day of a major public holiday, as consumers…
South Korea exports rise for seventh month on growing chip demand
SEOUL: South Korea's exports rose for a seventh straight month in April, trade data showed on Wednesday, as strong demand…
China’s economic outlook is far from gloomy
CHINA's vast economy — 1.4 billion people spread over 9.6 million square kilometers and a $18 trillion GDP — is…
Japan’s factory activity falls slow, PMI shows
TOKYO: Japan's factory activity shrank at a slower pace in April as declines in output and new orders eased, a…
Economists see the need for more stimulus in China’s economy
Chinese industrial firms’ smaller first-quarter profits have raised concerns over their uneven recovery and heightened the need for additional stimulus…
Hong Kong businesses shut shop as city struggles to revive post pandemic
HONG KONG: When Jacky Yu, 48, opened his Japanese gift shop in Hong Kong more than a decade ago, the…
China’s factory, services activity growth slows in April
BEIJING: China's manufacturing and services activity both expanded at a slower pace in April, official surveys showed on Tuesday, suggesting…