This time, India's rapid economic growth has legs
Richard Yetsenga is chief economist and head of research at ANZ Banking Group in Sydney.
Economy asian news
Malaysia's annual GDP misses target at 3.7% amid weak exports
KUALA LUMPUR -- Malaysia's economy grew 3.7% in 2023, the country's central bank said Friday, coming in below the target of 4% to 5% due to "prolonged weakness" of external demand.
Japan approves plan to ‘substantially’ boost child allowances to tackle falling birth rate
Under the plan, the existing income limit for households receiving the benefits will be removed. A new funding scheme will be set up, requiring each person to pay an additional 300 to 500 yen (US$2-3.30) in the form of monthly health insurance premiums from financial year 2026.
10-year Treasury yield spikes above 4.3% after hot producer prices report
U.S. Treasury yields climbed on Friday after January wholesaler prices came in higher than expected.
British retail rebound provides some hope for recession-hit economy
LONDON — Stronger-than-expected January retail sales provided a glimmer of light for the struggling British economy on Friday — and suggest that the country's recession will be short-lived, according to some economists.
European stocks extend gains; UK retail sales better than expected; NatWest up 6% after profit beat
This is CNBC's live blog covering European markets.
Japan slipped into a technical recession. The Bank of Japan has to juggle supporting the yen and fragile growth
Japan's central bank is expected to exit its negative interest rate regime this spring, though sluggish growth will limit its ability to alleviate depreciation pressure on the yen, according to a former Bank of Japan board member.
Japan's Nikkei approaches all-time high; Hong Kong leads gains in Asia
This is CNBC's live blog covering Asia-Pacific markets.