economy
The Latest
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Japan's Big Manufacturers Bullish Heading Into Second Half As Covid Effects Ease
Big companies expect capital expenditure to rise 9.6% in the year ending March after an 8.3% drop in the previous year, the survey said. Big companies expect capital expenditure to rise 9.6% in the year ending March after an 8.3% drop in the previous year, the survey said. -
China Facing 'Reverse Migration' As More People Leave Cities
Fewer migrant workers are returning to big China cities, new data from the nation's statistics bureau shows. Fewer migrant workers are returning to big China cities, new data from the nation's statistics bureau shows. -
Pull Up, Red Ink, Pull Up, Red Ink! Cathay Pacific Continues To Crash And Burn
The airline had been burning up to HK$1.9 billion of cash per month in the first half. The airline had been burning up to HK$1.9 billion of cash per month in the first half. -
China Data: The Gloss Starts To Come Off With Slowing Industrial Profits
Liabilities at industrial companies were up 8.2% year on year at the end of May compared with 8.6% growth a month earlier. Liabilities at industrial companies were up 8.2% year on year at the end of May compared with 8.6% growth a month earlier. -
Federal Reserve Chief Says Economy Showing Sustained Improvement
Federal Reserve Chairman Jerome Powell said the economy is growing at a sustained rate but it still faces challenges due to the pandemic. Federal Reserve Chairman Jerome Powell said the economy is growing at a sustained rate but it still faces challenges due to the pandemic. -
Gold Slips By 1% While Oil Prices Surge Close To $75 A Barrel
Oil and gold prices reacted to the Federal Reserve's latest projection of possible post-pandemic rate hikes into 2023. Oil and gold prices reacted to the Federal Reserve's latest projection of possible post-pandemic rate hikes into 2023. -
China Confident Three-Child Policy Will Address Population Issue
The National Bureau of Statistics said the amended birthing policy will help improve the nation's age structure, while also promoting long-term social balance. The National Bureau of Statistics said the amended birthing policy will help improve the nation's age structure, while also promoting long-term social balance. -
Cool It Or Blow? China Data Sending Mixed Messages
Data showed industrial production increased 8.8% year on year in May, retail trade slowed to 12.4% and urban unemployment was 5.0%, Data showed industrial production increased 8.8% year on year in May, retail trade slowed to 12.4% and urban unemployment was 5.0%, -
Japan Trade Deficit Shrinks 4.5 Times On Year In May On Overseas Sales Of Cars, Machinery
Exports rose 49.6% year on year to 6.26 trillion yen while imports rose 27.9% to 6.45 trillion yen. Exports rose 49.6% year on year to 6.26 trillion yen while imports rose 27.9% to 6.45 trillion yen. -
Asia Indexes Up But With Eyes On U.S. Fed Policy Meeting Tuesday
Japan's Nikkei rose 0.89% in early trading and MSCI's broadest index of Asia-Pacific shares was up 0.23%. Japan's Nikkei rose 0.89% in early trading and MSCI's broadest index of Asia-Pacific shares was up 0.23%.