ILO notes ‘striking fall’ in real wages worldwide
French President Francois Hollande listens to a speech, next to the logo of the International Labour Organization (ILO, OIT) at the Palace of Nations (Palais des Nations) in Geneva, Switzerland, […]
Japan’s Oct factory output falls again on global slowdown
Workers check the machinery at the factory of aircraft component manufacturer Aoki in Higashiosaka, Japan June 22, 2022. (SAKURA MURAKAMI / FILE PHOTO / REUTERS) TOKYO – Japan's factory output […]
Minister: Thai economy may miss growth forecast in 2023
Containers sit at the Bangkok Port in Bangkok, Thailand, Oct 15, 2021. (SAKCHAI LALIT / AP) BANGKOK – Thailand's economy may not reach a forecast growth of 3.8 percent next […]
UNCTAD: Global shipping growth at risk from slowdown
The Japanese container shipping company Ocean Network Express, "ONE Cygnus" sails along Southampton Water as it departs Southampton docks on April 20, 2020. (ADRIAN DENNIS / AFP) LONDON – The […]
BOJ chief gets meager pay bump after two years of cuts
In this March 16, 2020 file photo, Bank of Japan Governor Haruhiko Kuroda speaks during a news conference in Tokyo. (EUGENE HOSHIKO / AP) TOKYO – Bank of Japan Governor […]
China’s NEV exports rise on supply chain strengths
Workers assemble a vehicle on the production line at a plant of BYD, China's leading NEV manufacturer, in Xi'an, Shaanxi province, on July 5, 2022. (YUAN JINGZHI / FOR CHINA […]
Dollar nears 3-mth low, shares climb after Fed tests the brakes
LONDON – World shares touched a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve meeting minutes pointed to a slower pace of US […]
OECD: Europe to be hit hardest in global slowdown
In this file photo dated Feb 7, 2022, a man looks at his mobile phone while walking on the Concorde square in Paris at sunset. (LUDOVIC MARIN / AFP) PARIS […]
Listed companies showcase China’s economic vitality
A view of Lujiazui, Shanghai’s financial hub. (WANG JIANHUA / XINHUA) BEIJING — Companies listed on the A-share market maintained steady growth in the first three quarters of 2022, which […]
World stocks eye 1% weekly loss, US yield curve indicates recession
LONDON/SYDNEY – World stocks were heading on Friday for a 1 percent loss on the week, drifting from recent two-month highs after US Federal Reserve officials fired more warning shots […]
Japan’s inflation hits 40-year high as BOJ sticks to easy policy
This picture taken on Nov 9, 2022 shows people walking past a mobile shop for Japan's SoftBank in Tokyo. (YUICHI YAMAZAKI / AFP) TOKYO- Japan's core consumer inflation accelerated to […]
Asia shares cautious, bonds edgy after Fed warnings
SYDNEY – Asian shares were in a cautious mood on Friday after US Federal Reserve officials fired more warning shots on interest rates. Both the dollar and bond yields were […]
China’s FDI inflow up 14.4% in first 10 months
This undated file photo shows a rendering of the area of Qianhai economic zone in Shenzhen. (PHOTO PROVIDED TO CHINA DAILY) BEIJING – Foreign direct investment (FDI) in the Chinese […]
Shenzhen’s R&D spending see growth for 7 consecutive years
This aerial photo shows the central business district of Shenzhen, South China's Guangdong province, on March 19, 2019. (PHOTO / XINHUA) Shenzhen is intensifying efforts to further enhance its innovation […]
Amazon lays off some devices unit staff as it targets 10,000 cuts
In this April 16, 2020 file photo, a picture shows the Amazon logo at the entrance area of the Amazon logistics center in Lauwin-Planque, northern France. (DENIS CHARLET / AFP) […]
China further eases corporate burden with tax, fee support
Photo taken on June 12, 2015 shows the blue sky above the CBD buildings in Beijing, capital of China. (LUO XIAOGUANG / XINHUA) BEIJING – China's tax refunds, as well […]
China’s home prices ease in October
A salesperson (right) introduces a residential project to prospective homebuyers at a real estate agency during the National Day holiday, on Oct 5, in Beijing. (HOU YU / CHINA NEWS […]
Japan’s economy shrinks as inflation, slowdown take toll
This picture taken on Nov 9, 2022 shows people walking past a mobile shop for Japan's SoftBank in Tokyo. (YUICHI YAMAZAKI / AFP) TOKYO – Japan’s economy unexpectedly shrank for […]
Looming recession: Corporate America cuts thousands of jobs
In April 16, 2020 file photo, a picture shows the Amazon logo at the entrance area of the Amazon logistics center in Lauwin-Planque, northern France. (DENIS CHARLET / AFP) Corporate […]
Auto sales expected to reach 3 percent growth over 2021
CAAM says NEV boom on track to deliver better performance this year BMW showcases its models at the Chengdu auto show in Southwest China's Sichuan province in late August. (PHOTO […]