US lifts borrowing above forecasts to US$243bil
The US Treasury ramped up its estimate for federal borrowing for the current quarter to US$243bil, more than most dealers…
Category: Economy
New Zealand business confidence drops to seven-month low
New Zealand business confidence dropped to a seven-month low in April as high interest rates and a sluggish economy curbed…
Industrial output falls by most in four years in March
South Korea’s industrial output logged the sharpest fall in about four years after four months of monthly gains in March…
Singapore retrenchments fall for second straight quarter
Retrenchments in Singapore fell for the second straight quarter while the hiring outlook improved, according to preliminary first-quarter labour market…
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…
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…