Asia Economy
- China keeps benchmark lending rates steady for a seventh straight month despite weak economic data - The People's Bank of China kept its 1-year and 5-year loan prime rates unchanged at 3% and 3.5% respectively, holding them for a seventh straight meeting.
- Asia-Pacific markets poised for gains ahead of China's key lending rate decision - Asia-Pacific markets were set to climb Monday as investors look toward benchmark lending rate decisions coming out of China later in the day.
- Bank of Japan raises benchmark rates to highest in 30 years, lifting 10-year JGB yield past 2% - The hike comes against the backdrop of rising inflation and a weak Japanese economy.
- Why China’s young are flocking to government jobs in record numbers - China's educated youth lower their ambitions to find security and better work-life balance in government jobs.
- China lowers anti-dumping tariffs on European pork exporters - China on Tuesday announced lower duties on pork imports and pig by-products from the European Union.
- South Korea stocks lead losses in Asia for a second day as tech sell-off continues on Wall Street - Markets in Australia started the day higher, while markets in Japan and South Korea fell.
- China's retail sales growth sharply misses estimates in November, deepening consumption worries - China's retail sales growth and industrial production missed estimates in November while investment declined more than expected.
- Asia-Pacific markets set for lower open ahead of key data from China and Japan - China will release its November retail sales, fixed asset investment and industrial output numbers, while Japan will announce its fourth-quarter Tankan survey.
- India’s inflation rises to 0.71% in November as decline in food, fuel prices loses steam - India's inflation in November rose after touching an all-time low in October due to rise in prices of food items, fuel.
- Asia-Pacific markets trade higher after Wall Street notches fresh record - Asia-Pacific markets traded higher on Friday, tracking Wall Street gains.