European stocks close higher as investors digest U.S. inflation, UK GDP; retailer Zalando up 19%
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Reports asian news
Musk visits German Tesla Gigafactory after suspected arson attack
Elon Musk on Wednesday visited the Tesla Gigafactory near Berlin, which was forced to halt production last week after losing power during a suspected arson attack.
South Korean held in Russia on espionage allegation is missionary helping the needy, his group says
SEOUL, South Korea (AP) — A South Korean held in Russia on an espionage allegation is a missionary dispatched there to support the needy and spread the gospel, a South Korean Christian aid group said Wednesday, calling the spying suspicion “preposterous.”
Bank of Japan may exit the world's last negative rates next week. Here's what you need to know
Speculation is swirling that the Bank of Japan may move to exit the world's last negative rate policy as early as next week, when policymakers gather for their March meeting.
Southeast Asia’s digital economy drives private capital interest, but few exit deals threaten region’s attractiveness
The Southeast Asia market has become increasingly attractive for private capital investments in recent years, owing to the region’s economic growth and investors hedging against China amid geopolitical tensions, according to data service provider PitchBook.
China reclaims No. 2 spot in global art market, report says
TOKYO -- China reclaimed its position as the world's second-largest art market in 2023, after the U.S., as pent-up demand supported sales of inventory left over from auctions canceled due to its strict zero-COVID policy.
Indonesia presidential candidate set to contest poll result in top court
JAKARTA (Reuters) -- Indonesian presidential candidate Anies Baswedan plans to file a case at the country's Constitutional Court contesting the results of last month's election, he told reporters on Wednesday.
Why China’s 5% GDP target has failed to reassure Asia
Global asset managers complained that more “forceful” steps are needed to boost growth and combat deflation. And disappointment was felt in some Asian markets that had hoped for a more vigorous response.