Bank of Japan leaves rates unchanged, holding them at ultra low levels
The Bank of Japan's short-term interest rate target has been held at -0.1% since it first adopted negative rates in
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Breaking News: Asia
China’s youth unemployment hits a fresh record high in May, major data disappoint
Authorities have started to loosen monetary policy in a bid to support growth, although broader measures aren't expected until top
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China cuts a key policy rate for first time in 10 months as economic rebound cools
China's central bank lowered its key medium-term lending rates on Thursday, in a much anticipated move. Source link
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New Zealand enters technical recession after economy shrank 0.1% in the first quarter
New Zealand's economy contracted 0.1% in the first quarter of 2023, marking the second consecutive quarter-on-quarter decline for the economy.
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China’s yuan weakens after the central bank cuts a key short-term rate
The People's Bank of China cut its 7-day reverse repo rate for the first time since August. Source link
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China’s producer prices slump 4.6% in May, worse than expected
China's producer prices slump 4.6% in May, worse than expected Source link
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China’s exports plunge by 7.5% in May, far more than expected
China's exports fell in May for the first time since February, customs data showed Wednesday. Source link
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North Korea says its first spy satellite launch ends in failure, crashes into sea
North Korea's state media agency said that an "accident" occurred during the launch of a military reconnaissance satellite. Source link
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China’s Tencent posts 11% jump in quarterly revenue — the fastest growth in more than a year
Investors are focusing on whether the reopening of China's economy will give a boost to the country's tech giants, including
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