All the data so far is showing inflation isn't going away, and is making things tough on the Fed
The last batch of inflation news that Federal Reserve officials will see before their policy meeting next week is in, and none of it is very good.
Economy asian news
Blinken spars with China on Russia support, industrial overcapacity
HONG KONG/TOKYO -- U.S. Secretary of State Antony Blinken on Friday said he pressed China over its support for Russia's military-industrial base, as he held "candid" talks with Chinese President Xi Jinping and Foreign Minister Wang Yi in Beijing. The Chinese side, for its part, complained that the U.S. was "hyping up" concerns about its industrial capacity and "constantly" challenging its core interests.
Jobless engineers, MBAs: The hidden army of Indian election ‘consultants’
These ‘politically neutral problem solvers’ do short stints in political campaigns and are valued for their data skills.
Hong Kong exports rebound despite Sino-US trade war
Hong Kong’s exports and imports rebounded in the first quarter of this year after a significant year-on-year decline in the same period of last year.
Middle East conflicts, high interest rates could dampen Singapore’s economic growth
While the Monetary Authority of Singapore stuck to its view that the economy would grow 1 per cent-3 per cent this year, it said in its biannual Macroeconomic Review published on Friday that the outlook depends on the global pivot to monetary easing and a tech upswing.
China passes tariff law as tensions with trading partners simmer
BEIJING (Reuters) -- China on Friday passed a law leaving its biggest trade partners in no doubt that it can hit back should they put tariffs on the exports of the world's No.2 economy as Washington and Brussels take aim at Beijing over excess industrial capacity.
Japan should be worrying about Taiwan, not Ukraine
Brahma Chellaney is professor emeritus of strategic studies at the Centre for Policy Research in New Delhi and a former adviser to India's National Security Council. He is the author of nine books, including "Water: Asia's New Battleground."
Bank of Japan keeps monetary policy unchanged, sees slightly higher inflation in fiscal 2024
The Bank of Japan kept its policy rate unchanged Friday after its monetary policy meeting, holding its benchmark policy rate at 0%-0.1%.