Boosting consumption has always been a lower priority for China’s leadership, compared to exports and investments, says former SCMP editor-in-chief Wang Xiangwei.

Nigeria's food inflation increased to 32.84 per cent in November, from 31.51 per cent recorded in the previous month. The National Bureau of Statistics,

Earlier in fiscal 2023-24, India's real GDP accelerated to 8.2 per cent from 7.0 per cent in the previous year. It is driven by gains in gross fixed capital formation as the government's infrastructure program gained further traction even as private consumption remained subdued.

The Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that he hopes Japan's economy can balance rises in wages and inflation Key quotes “Hopes Japan's economy can balance rises in wages and inflation.” “Wages and inflation rising in a balanced manner could prompt firms to invest in equipment and research and development.” Market reaction The USD/JPY pair is trading at 143.43, gaining 0.14% on the day at the time of writing.

TOKYO : Japan's government will finalise this year's long-term fiscal and economic roadmap as early as June 21, three government and ruling party sources told Reuters on Monday.Markets are focusing on whether the government will uphold or tweak its target to achieve a primary budget surplus, excluding new

TOKYO: Japan's corporate spending on plant and equipment jumped in the fourth quarter, suggesting likely positive revisions to data that showed the economy unexpectedly tipping into recession last year. The solid capex data could also bolster the case for the central bank to normalise its extremely accommo

"By June we will have a new set of projections that will confirm whether the inflation path we foresaw in our March forecast remains valid," the ECB chief said.

TD Securities analysts preview the upcoming data releases from China.

Citing sources with knowledge of the matter, Japan’s Kyodo News agency reported on Monday, the Japanese government is mulling officially announcing an end to deflation, flagging heightened risks of policy tightening.

Taiwan Semiconductor Manufacturing Co. on Tuesday formally announced plans to build a second fab in Japan. The fab will be run by Japan Advanced Semiconductor Manufacturing (JASM), a majority-owned TSMC subsidiary, and will make chips on 6 nm and 7 nm-class process technologies, which will make it the most advanced semiconductor production facility for logic chips in Japan.

TORONTO — TD Bank Group has released its first racial equity audit that finds the bank has taken significant steps toward promoting diversity and inclusion, but could do more on aspects like consistency and measurement.

TOKYO: Japan has yet to achieve price gains driven by higher wages with the recent rise in inflation driven by cost-push factors, Bank of Japan board member Asahi Noguchi said on Saturday (Dec 2), suggesting it was premature to retreat from ultra-loose monetary policy. "It's true the impact of elevated glo

Financial experts and economists have told President Bola Ahmed Tinubu that Nigeria's 3.19 percent Gross Domestic Product growth rise in the second

TOKYO : Japan has yet to achieve price gains driven by higher wages with the recent rise in inflation driven by cost-push factors, Bank of Japan board member Asahi Noguchi said on Saturday, suggesting it was premature to retreat from ultra-loose monetary policy."It's true the impact of elevated global inf

Japanese inflation rose slightly in August, with prices up 2.8 percent year-on-year, official data showed Friday, hours before the Bank of Japan was widely expected to leave interest rates unchanged. Later Friday the BoJ was forecast to leave its benchmark interest rate unchanged, with all 53 economists polled by Bloomberg News predicting that borrowing costs will be left at 0.25 percent.