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…
Economy
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…
Australian March retail sales in unexpected decline
Australian retail sales fell unexpectedly in March as cautious consumers pulled back spending amid elevated costs of living, while the…
Marcos hikes 2024 borrowing plan by 4.47%
The Marcos administration is hiking its borrowing plan for this year to 2.57 trillion pesos, as it also expects to…
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…
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…
GFIEF to help Malaysia regain positioning as top innovator in Islamic finance
RIYADH: The Global Forum of Islamic Economics and Finance (GFIEF), scheduled to be held in Kuala Lumpur end-May this year,…
New Zealand 1Q imports fall amid sluggish economy
New Zealand imports fell to the lowest since mid-2021 in the first quarter as a weak economy stems demand from…