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Economy asian news

Narendra Modi - India’s farmers are up in arms again. Will it hurt Modi’s reelection campaign? - cnbc.com - India -  New Delhi - state Punjab

India’s farmers are up in arms again. Will it hurt Modi’s reelection campaign?

NEW DELHI — Farmers in India's Punjab state are raising the pitch of their ongoing protests, as the second phase of India's general elections starts Friday.

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Shreyashi Sanyal - Japanese yen weakens to 156 against dollar after Bank of Japan leaves rates unchanged - cnbc.com - Japan -  Tokyo - China - Hong Kong - South Korea - Australia

Japanese yen weakens to 156 against dollar after Bank of Japan leaves rates unchanged

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

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Bitcoin outperforms Nasdaq after U.S. economy grew less than projected in Q1: CNBC Crypto World - cnbc.com

Bitcoin outperforms Nasdaq after U.S. economy grew less than projected in Q1: CNBC Crypto World

Watch Daily: Monday - Friday, 3 PM ET

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Narendra Modi - Shreyashi Sanyal - India markets face an 'inevitable' correction if Modi's election win disappoints, Bernstein says - cnbc.com - India

India markets face an 'inevitable' correction if Modi's election win disappoints, Bernstein says

India's stock markets started the year in record-high territory, much of it supported by pre-election optimism — but as the country kicked off its weeks-long election, Bernstein warned that a market correction could be in place.

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Reuters - U.S. economy grows 1.6% in Q1, slowing more than expected - asia.nikkei.com - Usa - Washington

U.S. economy grows 1.6% in Q1, slowing more than expected

WASHINGTON (Reuters) -- U.S. economic growth slowed more than expected in the first quarter, but an acceleration in inflation suggested that the Federal Reserve would not cut interest rates before September.

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ANNA NISHINO - Nikkei staff writer - Japan sees 'transition phase' in dual-use military export controls - asia.nikkei.com - Japan -  Tokyo

Japan sees 'transition phase' in dual-use military export controls

TOKYO -- Japanese companies would be required to notify the government before exporting advanced materials and equipment that could be used for military applications, according to a proposal released Wednesday that describes the country's approach to export controls in a "transition phase."

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STEVEN BOROWIEC - Nikkei staff writer - South Korea GDP grows 1.3% in first quarter, beating estimates - asia.nikkei.com - South Korea -  Seoul

South Korea GDP grows 1.3% in first quarter, beating estimates

SEOUL -- South Korea's GDP growth accelerated in the first quarter of this year, boosted by increased construction activity and higher private spending, the Bank of Korea announced on Thursday.

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Jeff Cox - Quincy Krosby - Why the Fed keeping rates higher for longer may not be such a bad thing - cnbc.com - county Jerome

Why the Fed keeping rates higher for longer may not be such a bad thing

With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it's a tough case to sell that higher interest rates are having a substantially negative impact on the economy.

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