Inflation cools in May, CPI and PPI shows China’s low inflation fueled hopes for a sustained recovery as the country’s consumer price index (CPI) only… Đọc tiếp »May sees a decrease in inflation as shown by CPI and PPI
Singapore economic czar Tharman Shanmugaratnam to run for president Tharman Shanmugaratnam, a veteran economic policymaker of Singapore, has announced his intention to run in the… Đọc tiếp »Tharman Shanmugaratnam, Singapore’s Economic Expert, Announces Candidacy for Presidency
Asia markets slide further as market rally pauses on Wall Street Investors in the Asia-Pacific region are assessing economic data releases this week, as markets… Đọc tiếp »Wall Street’s market rally pauses as Asia markets continue to slide.
U.S.-China chip war could hurt Samsung, SK Hynix but not for long: Fitch South Korean chip giants, Samsung Electronics and SK Hynix, could face risks… Đọc tiếp »Fitch predicts Samsung, SK Hynix may be affected by U.S.-China chip conflict briefly
Japan’s GDP revised sharply higher, grew 2.7% in first quarter on robust spending Japan’s economy grew at an annualized rate of 2.7% in the first… Đọc tiếp »Robust spending leads to sharp increase in Japan’s GDP, growing 2.7% in Q1 according to revised figures.
Elon Musk discussed with Mongolia’s prime minister possible expansion Tesla CEO Elon Musk and Mongolia’s prime minister Luvsannamsrai Oyun-Erdene discussed possible investments and expansion into… Đọc tiếp »Possible Expansion Discussed by Elon Musk with Mongolia’s Prime Minister
New York sues Hyundai and Kia, alleging their cars are easy to steal South Korean automakers Hyundai and Kia are facing a “public nuisance” lawsuit… Đọc tiếp »Hyundai and Kia face lawsuit in New York for allegedly producing cars that are easily stolen.
Citi, Nomura say China’s stimulus could focus on housing sector China’s slowing economic recovery has led to calls for more policy stimulus to boost growth,… Đọc tiếp »China’s stimulus might target housing sector, say Citi and Nomura.
Australia’s economy expands 2.3% in the first quarter Australia’s first quarter gross domestic product (GDP) growth expanded by 2.3% year-on-year, just slightly below analyst expectations,… Đọc tiếp »In the initial quarter, the Australian economy expands by a rate of 2.3%
Don’t underestimate China’s ability to build advanced chips, analysts say Chinese chip makers are set to develop advanced semiconductors despite US attempts to cut off… Đọc tiếp »According to analysts, China’s capability to develop high-tech chips should not be underestimated.