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Japans industrial production edges up in February, car output rebounds

Japan's industrial production edges up in February, car output rebounds

2022-03-31 10:58

TOKYO, March 31 (Xinhua) -- Japans industrial output edged slightly higher in February from a month earlier, inching up 0.1 percent to mark the first rise in three months, the government said in a report on Thursday. According to the Ministry of Econ

Aussie unions push for 5 pct pay rise for low-paid workers

Aussie unions push for 5 pct pay rise for low-paid workers

2022-03-31 10:51

CANBERRA, March 31 (Xinhua) -- Australias top union boss has called for a 5 percent pay rise for low-paid workers. Sally McManus, secretary of the Australian Council of Trade Unions (ACTU) on Thursday announced the unions would appeal to the Fair Wor

Portugals 16.6 bln euro recovery plan to boost economic cooperation with China

Portugal's 16.6 bln euro recovery plan to boost economic cooperation with China

2022-03-31 10:41

LISBON, March 30 (Xinhua) -- New opportunities for investment and enhanced economic ties between China and Portugal are on the horizon thanks to the Portuguese Recovery and Resilience Plan (PRR), said Chinese Ambassador Zhao Bentang on Wednesday. Dis

Australian budget lacks support for technologies: peak technology body

Australian budget lacks support for technologies: peak technology body

2022-03-30 12:23

SYDNEY, March 30 (Xinhua) -- Following the release of Australias federal budget on Tuesday night, the Australian Academy of Technology and Engineering (ATSE) has released a statement calling for better investment into a sustainable, technology-powere

U.S. stocks advance as tech rallies

U.S. stocks advance as tech rallies

2022-03-30 04:40

U.S. stocks climbed on Tuesday.

Oil prices drop amid positive signs from Russia-Ukraine peace talks

Oil prices drop amid positive signs from Russia-Ukraine peace talks

2022-03-30 04:18

Oil prices declined on Tuesday as Russia-Ukraine peace talks showed progress.

S. Koreas online retail sale logs double-digit growth in February

S. Korea's online retail sale logs double-digit growth in February

2022-03-29 13:28

South Korea's online retail sale logged double-digit growth in February owing to the spread of the Omicron COVID-19 variant.

Vietnams GDP expands 5.03 pct in 1st quarter

Vietnam's GDP expands 5.03 pct in 1st quarter

2022-03-29 12:35

Vietnam recorded a year-on-year gross domestic product (GDP) growth of 5.03 percent in the first quarter of 2022.

Japan to compile extra budget to cushion blow of soaring prices

Japan to compile extra budget to cushion blow of soaring prices

2022-03-28 17:16

TOKYO, March 28 (Xinhua) -- Japanese Prime Minister Fumio Kishida on Monday said an extra economic package will be compiled by the end of April to soften the blow of soaring prices for crude oil along with other resource. Kishida told a parliamentary

Japans SMBC Nikko Securities Inc. may face punishment for market manipulation

Japan's SMBC Nikko Securities Inc. may face punishment for market manipulation

2022-03-25 16:22

TOKYO, March 25 (Xinhua) -- Japanese brokerage SMBC Nikko Securities Inc. may be facing severe action from Japans Financial Services Agency (FSA) for market manipulation, Shunichi Suzuki, minister in charge of the watchdog said Friday. As the Financi

Roundup: IMF forecasts Zimbabwes economy to grow by 3.5 pct in 2022

Roundup: IMF forecasts Zimbabwe's economy to grow by 3.5 pct in 2022

2022-03-25 01:13

by Gretinah Machingura HARARE, March 24 (Xinhua) -- The International Monetary Fund (IMF) has projected Zimbabwes economy to grow by 3.5 percent in 2022, from 6.3 percent recorded in 2021. The output recovery that resumed in 2021 is expected to conti

Interview: IMF official says Russia-Ukraine conflict adds uncertainty to Asian economy

Interview: IMF official says Russia-Ukraine conflict adds uncertainty to Asian economy

2022-03-24 12:41

by Xiong Maoling WASHINGTON, March 24 (Xinhua) -- The ongoing Russia-Ukraine conflict has added uncertainty to the Asian economy, which already has to battle an Omicron-fueled COVID-19 surge and brace for tighter financial conditions, an Internationa

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