economy

The Latest

  • Japan's Big Manufacturers Bullish Heading Into Second Half As Covid Effects Ease
    RIGID MEASURES
    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
    China
    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
    LAYOFFS
    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
    China Industry profit
    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
    SECOND TERM
    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
    Crude Oil
    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
    China
    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
    China
    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
    JAPAN
    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
    U.S. Federal Reserve building
    Japan's Nikkei rose 0.89% in early trading and MSCI's broadest index of Asia-Pacific shares was up 0.23%.
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