ASIA:   Chinese President Xi Jinping told US President Joe Biden during their first face-to-face meeting since 2017 that the Taiwan issue is “the very core of China’s core interests” and the “first red line” in bilateral ties that must not be crossed. Beijing considers Taiwan an inalienable part of China. The self-governing island’s democratically […]

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 increased 344.47 points or 1.25% to 27,872.11 Shanghai decreased 13.32 points or -0.43% to 3,064.49 Hang Seng decreased 38.60 points or -0.23% to 16,557.31 Kospi increased 27.25 points or 1.15% to 2,399.04 ASX 200 increased 25.20 points or 0.36% to 6,958.90 […]

ASIA:   The major Asian stock markets had a green day today: NIKKEI 225 increased 327.90 points or 1.21% to 27,527.64 Shanghai increased 7.02 points or 0.23% to 3,077.82 Hang Seng increased 434.77 points or 2.69% to 16,595.91 Kospi increased 23.36 points or 0.99% to 2,371.79 ASX 200 increased 41.20 points or 0.60% to 6,933.70 […]

ASIA: In the next five years, India may become the third-largest economy after the United States and China, says International Monetary Fund’s World Economic Outlook database. As per the IMF, the South Asian country is most likely to reach the position two years earlier than initially expected, overtaking Germany and Japan. Considering India’s perspective to […]

ASIA:   China’s decision to maintain Covid controls is pushing companies to look to factories outside the country, according to The Economist Intelligence Unit. Beijing’s stringent Covid controls helped the country resume work while the rest of the world still struggled with the pandemic in 2020. While other countries have relaxed most restrictions and chosen […]

ASIA:   India is poised for an economic boom driven by investment in manufacturing, the country’s energy transformation and advanced digital infrastructure, and these drivers will make it the world’s third-largest economy and stock market by the end of the decade ending in 2030, global investment bank Morgan Stanley said in a report. Four global […]

ASIA: Japan’s factory output fell in September for the first time in four months as manufacturers grappled with rising raw materials costs and global economic slowdown and is likely to fall again next month before picking up in November, the government said. Factory output fell a seasonally adjusted 1.6% in September from a month earlier, […]

ASIA: Officials in Chinese cities and provinces across the country are pulling no punches in stamping out sporadic COVID-19 outbreaks as winter nears, quickly closing venues and enforcing longer temporary lockdowns on millions of people. Cases in mainland China hit 2,898 on Sunday, topping 2,000 for a second straight day and pressuring the country’s controversial […]

ASIA:   Core consumer prices in Japan’s capital, a leading indicator of nationwide figures, rose 3.4% in October from a year earlier, data showed on Friday, marking the fastest annual pace since 1989 in a sign of broadening inflationary pressure. The rise in the Tokyo core consumer price index (CPI), which excludes volatile fresh food […]

ASIA:   China’s consumer prices rose in September at their fastest pace in more than two years as pork prices climbed, the National Bureau of Statistics said last Friday. The consumer price index increased by 2.8% last month from a year ago, matching expectations from a Reuters poll. Much of the gains came from a […]