The Magazine for Asian Investors
The Russian Federal Statistics Service (Rosstat) announced that the consumer price index (CPI) decreased by 0.12% last week. The CPI fell for the third straight week, paving the way for Russia’s central bank to cut interest rates this year in…
The government planning agency said today that Thailand’s economy is expected to grow by 3% this year and 3.7% next year, driven by exports, rising domestic demand and a recovery in tourism. Danucha Pichayanan, head of the National Council for…
The Bank of Japan (BOJ) today published the minutes of its April meeting. It states that the yen’s decline was one of the main topics discussed by BOJ directors at their meeting that day. Some of the directors expressed concern…
According to the Swiss customs authority, Switzerland imported gold from Russia in May. This is the first gold import since Russia marched troops into Ukraine in February. Switzerland is the largest gold mining and transportation center in the world. On…
According to the South Korean Customs Service, South Korean exports fell 3.4% year on year to $31.28 billion between June 1 and June 20. This was due to a decrease in the number of working days. The number of working…
The American Petroleum Institute (API) has issued comments on the U.S. Securities and Exchange Commission’s (SEC) proposals for climate-related disclosure rules. “Optimizing and Standardizing Climate-Related Disclosures for Investors” In its comments, API reiterated its support for timely and accurate reporting…
Despite drastic measures to boost coal production, China could face further power shortages this summer. This is because most of the new supply is of lower quality and burns faster in power plants. China, the world’s largest coal consumer, gets…
On June 16, Singapore is looking into the possibility of importing chicken from Indonesia to solve the country’s chicken shortage problem. Previously, Malaysia announced a ban on chicken exports, which hit Singapore hard as it imported up to one-third of…
Electricity consumption has increased in major Chinese provinces as a result of heat waves. Henan, China’s third most populous province, saw record demand for electricity. According to the report, electricity demand in the province peaked at 65.34 million kilowatts on…
Russian energy giant Gazprom has announced that gas deliveries through the two Turkish Stream gas pipelines will be suspended from June 21 to 28 for scheduled annual maintenance. The Turk Stream gas pipeline runs through the bottom of the Black…
