Asian shares steady, rate worries remain
Asian shares stabilised on Wednesday after a recent sell-off, as investors remained cautious following a shift in…
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Japan
IMF lifts global growth forecast to 3.2% in ’24
The International Monetary Fund (IMF) revised on Tuesday the growth forecast upwards to 3.2, reflecting a 0.1…
Asia hedge funds surge in Q1
Asia-focused hedge funds kicked off 2024 with a strong performance, capitalising on several key trends during the…
US urges China to revise policies impacting new industries
US Treasury Secretary Janet Yellen warned China that the US will not tolerate new industries being harmed by…
US becomes Japan’s investment destination instead of China
Japanese companies are increasing investments in the US to tap into robust consumer spending, shifting focus from…
Japan approves extra $3.9b in aid to chip startup Rapidus
Japan's industry ministry approved subsidies of up to 590 billion yen ($3.9 billion) for chip foundry venture…
LNG supplies pivoting back towards Asia following price decline
The dynamics of LNG supplies are pivoting back towards Asia following a decline in prices, triggering increased…
Vietnam seeks to learn from China with high-speed rail plan
Vietnam is looking to China for guidance in developing its first high-speed railway network, with plans for a 1,545…
ADNOC prioritises Murban over Zakum
UAE's Upper Zakum crude exports dropped significantly as Abu Dhabi National Oil Company (ADNOC) prioritised…
Asia factory activity slumps in March
Factory activity in many Asian economies weakened in March, with some exceptions in China and South Korea.