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Economy asian news

U.S. job growth blows past expectations as Fed weighs rate cut timing - asia.nikkei.com - Washington

U.S. job growth blows past expectations as Fed weighs rate cut timing

WASHINGTON (Reuters) -- U.S. employers hired far more workers than expected in March and continued to lift wages at a steady clip, suggesting the economy ended the first quarter on solid ground and potentially delaying anticipated Federal Reserve interest rate cuts this year.

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Reuters - U.S. jobs report beats expectations in March as wages increase steadily - asia.nikkei.com - Washington

U.S. jobs report beats expectations in March as wages increase steadily

WASHINGTON (Reuters) -- U.S. employers hired far more workers than expected March while raising wages, suggesting the economy ended the first quarter on solid ground and potentially delaying anticipated interest rate cuts from the Federal Reserve this year.

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Narendra Modi - Rahul Gandhi - ASHOK SHARMA - India’s opposition makes its election case, calling Modi an autocrat and promising aid to the poor - apnews.com - India -  New Delhi

India’s opposition makes its election case, calling Modi an autocrat and promising aid to the poor

NEW DELHI (AP) — India’s main opposition party vowed to boost social spending and reverse what it views as a slide into autocracy as it laid out its campaign promises on Friday, two weeks before the start of a weeks-long, multi-phase general election.

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NANA SHIBATA - Nikkei staff writer - Nvidia, Indosat to build $200m AI center in Indonesia: government - asia.nikkei.com - Indonesia -  Jakarta

Nvidia, Indosat to build $200m AI center in Indonesia: government

JAKARTA -- U.S. chipmaker Nvidia and Indonesian telecommunications company Indosat Ooredoo Hutchison plan to build a $200 million artificial intelligence center in Southeast Asia's largest economy, as demand for digitization in the region booms.

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Narendra Modi - Are Modi’s economic policies benefitting all Indians? - aljazeera.com - Usa - India

Are Modi’s economic policies benefitting all Indians?

India is the world’s fifth-largest economy. The World Bank says the nation is leading growth in South Asia.

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Nikkei staff writers - As Myanmar starts military draft, many flee the country - asia.nikkei.com - Burma -  Bangkok -  Yangon

As Myanmar starts military draft, many flee the country

BANGKOK/YANGON -- Younger adults in Myanmar are streaming out of the country as the military sends draft notices in select regions under a conscription law recently put into effect to combat ethnic and anti-regime forces fighting the regime.

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Narendra Modi - Modi sets ambitious India economic goals for probable third term - asiaone.com - India -  New Delhi

Modi sets ambitious India economic goals for probable third term

NEW DELHI - Indian Prime Minister Narendra Modi, confident of winning a national election starting this month, has set an ambitious target of roughly doubling the economy and exports this decade, according to a government document seen by Reuters.

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Lim Hui Jie - Reuters - Neel Kashkari - Asia markets fall on fears the Fed could hold off interest rate cuts; oil soars - cnbc.com - Japan - Hong Kong - India -  Hong Kong - South Korea - Australia -  Minneapolis

Asia markets fall on fears the Fed could hold off interest rate cuts; oil soars

This is CNBC's live blog covering Asia-Pacific markets.

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