Business News Asia
South Korea expects exports to fall in 2023 for the first time in 3 years
South Korean exports are expected…
Japanese service sector activity reaches the lowest level in three months
Japan’s services sector expanded at…
Crude prices rose Monday morning in response to OPEC+ maintaining its policy of cutting production
Crude oil prices rose early…
These economic figures will be important this week
Asia On Monday, South Korea…
Eurozone bond yields recover after U.S. nonfarm payrolls data rose more than expected
Eurozone government bond yields rallied…
China’s COVID measures weigh heavily on the service sector
The strict COVID measures in…
BRENT crude oil futures fell 1.5% on Friday – EU agrees on Russian oil price cap
Crude oil futures closed lower…
Asian stock markets closed lower – the Japanese yen rose to its highest level in over three months
Tokyo’s Nikkei closed down 448.18…
France faces record heat in 2022
Meteo France, France’s national meteorological…
Evergrande halts electric car production due to lack of new orders
According to information from news…
OPEC oil production down in November after deciding to cut production to support the market
Oil production by oil-exporting countries…
Inflation in South Korea at lowest level in seven months in November
According to South Korea’s statistics…
WTI closes up 67 cents as China seeks easing of COVID-19 measures and weak dollar boosts market
WTI futures closed higher Thursday…
U.S. manufacturing purchasing managers’ index shrinks for the first time in more than 2 years
The final U.S. manufacturing Purchasing…
U.S. consumer spending up 0.8% in October
According to the U.S. Commerce…
House prices in the UK fall in November by the most in 2 years
Mortgage lender Nationwide reported Monday…
Asian stock markets closed higher as the Fed signals a slowdown in rate hikes
In Australia, the S&P/ASX 200…
Eurozone manufacturing shrinks for 5th consecutive month
S&P Global reported that the…
Retail sales in Germany were down more than expected in October
Reuters reported today (Dec. 1)…
South Korean manufacturing activity shrinks for the fifth month in a row
South Korea’s manufacturing sector contracted…
Manufacturing across Asia weakens in November as global demand slows
The Purchasing Managers’ Index (PMI)…
Asian currencies gained this morning as the dollar weakened following Fed Chair Powell’s signal to slow rate hikes
Asian currencies strengthened in the…
South Korea’s exports fall by the most in more than 2 years as global demand weakens
South Korea’s Ministry of Trade,…
South Korea’s GDP grows slightly in Q3 despite central bank rate hike and slowing exports
South Korea’s central bank announced…
China’s manufacturing activity shrinks in November
Caixin/S&P Global survey results show…
Brent futures up 2.8% – Pressure on Chinese authorities increases
Crude oil futures closed more…
ADP shows U.S. private payrolls were lower than expected in November
Automatic Data Processing Inc (ADP)…
U.S. GDP grew more strongly than expected in Q3/2022
The Department of Commerce has…
Eurostat reports slowdown in inflation in the Eurozone in November
The Statistical Office of the…
Foreign direct investment in Vietnam fell by 5% in the first 11 months of this year
The General Statistics Office of…
The Bank of Thailand increased interest rates by 0.25% to 1.25%
Thailand’s central bank today raised…
India lifts rice export ban after easing rice shortage concerns
India’s Department of Foreign Trade…
Australian CPI Slows, Indicating Peak in Inflation
According to the Australian Bureau…
Japan’s industrial production fell in October as demand declined and the economy slowed down
According to Japan’s Ministry of…
Thailand’s industrial production index down in October
According to the Office of…
South Korea’s industrial output falls by the most in more than two years as demand weakens
South Korea’s National Bureau of…
Brent ends Tuesday in the red as OPEC is expected to maintain its production policy
Crude oil futures closed higher…
China’s COVID measures pressure China’s manufacturers and service providers
Manufacturing activity in China remains…
Eurozone economic sentiment index higher than expected in November
The European Commission (EC), the…
South Korean retail sales grow by 7.3% in October
South Korea’s Ministry of Trade,…
GDP recovery in Q3/2022 in Switzerland below expectations
The Swiss State Secretariat for…
Spanish inflation slows to 6.8% in November
The Spanish National Statistics Institute…
Asian stocks closed mostly positive, while the Hang Seng rose more than 5%
The Nikkei index in Tokyo…
Asian currencies reach the highest level in 6 years
Asian currencies may post their…
Toyota’s global vehicle production rose 23% in October, exceeding the target
Toyota Motor Co. announced that…
Saudi Arabia may cut Asia oil prices to a 10-month low due to lower Chinese demand
Saudi Arabia, the world’s largest…
Japanese Retail Sales Rise in 8th Month Thanks to Picking Up Tourism
Tuesday’s data showed Japan’s retail…
Honda suspends production at three factories in Wuhan due to COVID-19 lockdown
Honda Motor announced Monday (Nov….
Brent weaker on rumors that OPEC will further cut its production
Crude oil futures closed higher…
Japan’s unemployment rate unchanged at 2.6% in October
According to government data released…
