The U.S. has the largest economy and the second spot belongs to China. However, the relations between the two largest economies remain full of challenges. According to Chinese Foreign Minister Wang Yi, China is ready
The Japanese government has cut its view on the overall economy in February for the first time since April 2020. An extended state of emergency to curb coronavirus infections has battered consumer spending. Analysts expect
According to the aviation regulator on Thursday, China’s air passenger numbers dropped 45.16% year on year over Lunar New Year. This was despite signs of a quick recovery emerging due to China’s success in curbing
U.S. Treasury yields hit one-year highs on Wednesday, helping the dollar but pressuring high valuations for stocks. Investors believe that a stimulus-fuelled global recovery will eventually bring rising inflation. In Asia, Benchmark ten-year U.S. Treasury
Bank of Japan has no plans to “permanently reduce” its purchases of exchange-traded funds (ETF), the central bank governor said Tuesday. This is hinting that its upcoming policy review won’t lead to a radical change
According to a survey, more than half of Japanese firms believe the Tokyo Olympic Games should be canceled or postponed. Think Tank Tokyo Shoko Research showed the survey on Monday, which cast further doubt over
The Japanese economy will likely suffer a much bigger contraction than initially expected in the January-March quarter. According to a poll, the extended state of emergency to contain the coronavirus pandemic hurt corporate and household
Federal Reserve Chairman Jerome Powell on Wednesday called for a patiently accommodative monetary policy stance. He said this is important to boost the labor market and the overall economy following a stall in recent months.
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