The Hong Kong service sector warned that they are noticing “a fragile situation” given its contraction in every quarter of …
South Korea’s economy contracted for the first time in two years, but development is expected from China’s reopening
According to an advanced estimate released by the central bank, South Korea’s economy saw its first quarterly diminution in comparison …
Bank of Japan leaves market policy unchanged, yen weakens
Japan’s central bank releases its ultra-easy monetary policy stable on Wednesday. However, despite heavy speculation, a budge that sent the …
IMF anticipates fragmentation can affect global economic output by GDP 7%
As believed by the financial agency of the United Nations, The International Monetary Fund, global economic fragmentation can affect global …
A major policy shift is anticipated by the Bank of Japan this week
The Japanese central bank is due to hold a meeting as the yen and government bonds are surging. As a …
More cities in China report a fall in prices in Dec than Nov, and prices slip 0.2% month by month
Home prices in over 100 cities in China fell for the sixth month, declining 0.08% from a month earlier after …
World Bank says the globe is ‘perilously close’ to the recession, significantly cutting its 2023 growth outlook
The World Bank slashed its global growth predictions from its calculations in mid-2022 on the back of what it sees …
Philippine Finance Chief Sees Near End of Rate Hike Cycle
Overview What it covers is… Philippine Finance Administrator, Benjamin Diokno, foresees room for one of Asia’s most barbaric central banks …
Tokyo CPI Bar Rose up 3.8% in December
Tokyo’s Consumer Price Index (CPI) rose in December at the fastest pace in nearly 41 years. Sowed by a Reuters …
The Japanese government decided to provide families with 1 million yen per child for relocating out of Tokyo
The government of Japan has claimed to provide families with 1 million yen per child if they decide to relocate …