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Economy asian news

Taiwan Q1 preliminary GDP hits 3-year high on robust AI demand - asia.nikkei.com - Taiwan -  Taipei

Taiwan Q1 preliminary GDP hits 3-year high on robust AI demand

TAIPEI (Reuters) -- Taiwan's trade-dependent economy grew at its fastest quarterly pace in nearly three years in the first three months of 2024 and quicker than expected thanks to strong exports driven by demand for artificial intelligence applications.

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Lin Jian - China says rival Palestinian groups Hamas and Fatah made ‘encouraging progress’ in talks in Beijing - apnews.com - China - Usa -  Beijing - Israel - Palestine - area West Bank

China says rival Palestinian groups Hamas and Fatah made ‘encouraging progress’ in talks in Beijing

BEIJING (AP) — Representatives of rival Palestinian groups Hamas and Fatah made “encouraging progress” in recent talks in the Chinese capital on promoting reconciliation, China’s Foreign Ministry said Tuesday.

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Kristalina Georgieva - Matt Clinch - IMF chief warns of emerging market risk with high U.S. interest rates - cnbc.com - Japan - Usa -  Brussels

IMF chief warns of emerging market risk with high U.S. interest rates

Kristalina Georgieva, the managing director of the International Monetary Fund, played down the prospect of any negative impact from a monetary policy divergence between Europe and the U.S., but said issues could be more acute in emerging markets.

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Shreyashi Sanyal - IMF raises its Asia growth forecast for 2024, highlights India's growth and China stimulus as key drivers - cnbc.com - China - India - county Pacific

IMF raises its Asia growth forecast for 2024, highlights India's growth and China stimulus as key drivers

The International Monetary Fund raised its Asia growth forecast for 2024 on Tuesday, as it remained optimistic about India's growth and focused on the need for more stimulus from China.

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RIAZAT BUTT - Afghanistan - The Taliban are working to woo tourists to Afghanistan - apnews.com - Japan - China - Pakistan -  Dubai - Afghanistan -  Kabul, Afghanistan

The Taliban are working to woo tourists to Afghanistan

KABUL, Afghanistan (AP) —

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Hong Kong is poised to be a bigger force for regional prosperity - scmp.com - Japan - China - Hong Kong -  Hong Kong - South Korea

Hong Kong is poised to be a bigger force for regional prosperity

Indeed, all RCEP members, including the economies of the Association of Southeast Asian Nations, are already important trading partners of Hong Kong’s. The city has signed free trade agreements with 13 of the 15 RCEP members. RCEP members accounted for 71 per cent of the city’s total merchandise trade in 2022 and 46 per cent of its total trade in services in 2021.

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Japan's factory output rises as vehicle production recovers - asia.nikkei.com - Japan -  Tokyo

Japan's factory output rises as vehicle production recovers

TOKYO (Reuters) -- Japan's factory output grew more than expected in March, government data showed on Tuesday, thanks largely to automakers resuming production after safety scandals.

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Taiwan's Sunflower protest legacy looms large for incoming president Lai - asia.nikkei.com - China - Taiwan -  Beijing -  Taipei

Taiwan's Sunflower protest legacy looms large for incoming president Lai

TAIPEI -- In February, Wu Pei-yi walked into Taiwan's parliament to take up her rightful seat as a newly elected lawmaker. Nearly 10 years earlier, she sneaked into the same building by night in an occupation by hundreds of young protesters that launched a mass movement opposed to government plans to bind Taiwan and its economy closer to China.

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