By Tina Qiao, Ellen Zhang and Ryan Woo BEIJING (Reuters) -China’s factory output slowed in April but showed surprising resilience, a sign that government support measures may have cushioned the impact of a trade war with the U.S. that threatens to derail momentum in the world’s second-largest economy. Industrial output grew 6.1% from a year …
China’s factory output resists tariff impact, retail sales disappoint Read More »
KUALA LUMPUR (Reuters) -Malaysia is partnering with financial institutions to drive investments and financing support for its special economic zone in the southern state of Johor, the economy minister, Rafizi Ramli, said on Monday. The banks’ presence is key to galvanise private sector participation by pooling capital and commerce, Ramli told the Johor-Singapore Special Economic …
Malaysia partners with banks to boost investments in Johor special economic zone Read More »
By Leika Kihara TOKYO (Reuters) -The Bank of Japan will continue to raise interest rates if the economy rebounds from an expected hit from higher U.S. tariffs, the central bank’s deputy governor Shinichi Uchida said, while warning of a highly uncertain outlook. Japan’s underlying inflation will stay around the BOJ’s 2% target if there is …
BOJ to keep hiking rates if economy rebounds from tariff hit, deputy governor says Read More »
By Liangping Gao, Xiuhao Chen and Liz Lee BEIJING (Reuters) -China’s new home prices were unchanged in April from a month earlier, official data showed on Monday, extending the no-growth trend to nearly two years despite policymakers’ efforts to stabilise the sector. New home prices stayed the same for a second straight month and have …
China struggles to lift home prices as April shows no growth Read More »
SEOUL (Reuters) -South Korean prosecutors have imposed a foreign travel ban for the chairman of MBK Partners Kim Byung-ju as part of a probe into the Homeplus supermarket chain controlled by the private equity firm, the Yonhap News Agency reported. The probe by prosecutors into MBK and Homeplus is over a short-term bond issue by …
South Korea prosecutors impose foreign travel ban on MBK Partners chairman, Yonhap says Read More »
BEIJING (Reuters) – China’s crude steel output in April slid 7% from March, defying analysts’ expectations of a rise against the backdrop of healthy profits and robust exports, but production was still reasonably high. The world’s largest steel producer made 86.02 million metric tons of crude steel last month, flat with April a year ago …
China April crude steel output misses expectations Read More »
By Yuka Obayashi TOKYO (Reuters) -Japan has suspended imports of poultry meat from the southern Brazilian city of Montenegro and live poultry from the wider state of Rio Grande do Sul following a bird flu outbreak, an official at Japan’s agriculture ministry said on Monday. The ban took effect on Friday after Brazil, the world’s …
Japan halts some poultry imports from Brazil after bird flu outbreak Read More »
BEIJING (Reuters) – China’s coal production in April rose 3.8% from a year earlier, statistics bureau data showed on Monday. April coal output was 389.31 million metric tons, up from the year-earlier level but down from March’s record monthly high of 440.58 million tons. Production for the first four months of the year was 1.58 …
China’s April coal output rises by 3.8% year-on-year Read More »
BEIJING (Reuters) -China’s industrial output in April grew 6.1% from a year earlier, slowing from 7.7% growth in March, official data showed on Monday. The data released by the National Bureau of Statistics surpassed expectations for a 5.5% increase in a Reuters poll of 24 analysts. Retail sales, a gauge of consumption, rose 5.1% in …
China April industrial output, retail sales growth slow Read More »
BEIJING (Reuters) -Property investment in China fell 10.3% in the first four months of 2025 from a year earlier, following a drop of 9.9% in the first quarter, official data showed on Monday. Property sales by floor area shrank 2.8% in January-April from the previous year, after declining 3.0% in the first three months. New …
China property investment falls 10.3% y/y in January-April Read More »
