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Breaking News: Asia

Japan averts technical recession as revised fourth-quarter data shows economy grew 0.4%

by Adrian Jhonsan
Japan averts technical recession as revised fourth-quarter data shows economy grew 0.4%

Commuters walking at Shibuya Crossing, Tokyo © Marco Bottigelli | Moment | Getty Images Japan averted a technical recession as revised official data on Monday showed the economy returned to …

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Categories World

Key takeaways from 2024 China parliamentary meeting: economy, environment

by Adrian Jhonsan
Key takeaways from 2024 China parliamentary meeting: economy, environment

A Chinese flag flutters on top of the Great Hall of the People ahead of the opening ceremony of the Belt and Road Forum (BRF), to mark 10th anniversary of …

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Categories World

China’s top securities regulator to crack down on market manipulators

by Adrian Jhonsan
China’s top securities regulator to crack down on market manipulators

Wu Qing, Chairman of the China Securities Regulatory Commission, answers a question at a press conference during the second session of the 14th National People’s Congress (NPC) in Beijing on …

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Categories World

China’s PBOC governor says there’s room to cut banks’ RRR

by Adrian Jhonsan
China’s PBOC governor says there’s room to cut banks’ RRR

China has set a growth target of around 5% for 2024, the same as the year prior. Future Publishing | Future Publishing | Getty Images BEIJING — China’s central bank …

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Categories World

China ups military spending by 7.2%, vows to deter Taiwan ‘separatist activities’

by Adrian Jhonsan
China ups military spending by 7.2%, vows to deter Taiwan ‘separatist activities’

Missiles on the background of the Chinese flag Anton Petrus | Moment | Getty Images China is set to increase its defense spending by 7.2% to 1.67 trillion yuan in …

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Categories World

China sets GDP target of ‘around 5%’ for 2024

by Adrian Jhonsan
China sets GDP target of ‘around 5%’ for 2024

BEIJING — China set a growth target of “around 5%” for 2024 and announced the issuance of “ultra-long” special bonds for major projects, according to a government work report Tuesday. …

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Categories World

Japan’s Nikkei hits all-time high on reforms, robust corporate earnings

by Adrian Jhonsan
Japan’s Nikkei hits all-time high on reforms, robust corporate earnings

Pedestrians walking across with crowded traffic at Shibuya crossing square. Jaczhou | E+ | Getty Images Japan’s Nikkei 225 hit a record high Thursday, powered by banking, electronics and consumer …

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Categories World

Feds charge Japanese Yakuza leader with nuclear materials trafficking

by Adrian Jhonsan
Feds charge Japanese Yakuza leader with nuclear materials trafficking

The DOJ alleges that a high-ranking member of the Yakuza, Takeshi Ebisawa, was the central figure in a plot to funnel American weapons to ethnic militias in Myanmar in exchange …

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Categories World

HSBC profit misses estimates; bank announces $2 billion share buyback

by Adrian Jhonsan
HSBC profit misses estimates; bank announces  billion share buyback

Customers use automated teller machines (ATM) at an HSBC Holdings Plc bank branch at night in Hong Kong, China, on Saturday, Feb 16, 2019. Anthony Kwan | Bloomberg | Getty …

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Categories World

China boosts property funding with first cut in key loan rate since June

by Adrian Jhonsan
China boosts property funding with first cut in key loan rate since June

A staff member counts Chinese Yuan at a bank’s personal finance business service area in Haian, East China’s Jiangsu province, Sept 15, 2023. CFOTO | Future Publishing | Getty Images …

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Categories World
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