May 17, 2024 | Markets
Industrial output fuels two-speed recovery while retail lags Exports-driven growth threatened by mounting trade tensions China’s economic recovery tilted even further toward manufacturing, leaving it more vulnerable to trade barriers and highlighting the stakes of a...
May 16, 2024 | Markets
Month-on-month declines in April were steepest in a decade Government is seeking to address excess housing inventories China’s home prices fell at a faster pace in April, underscoring why the government is stepping up efforts to tackle the years-long property crisis....
May 16, 2024 | Markets
Authorities cut minimum down-payment ratio for homebuyers Bloomberg gauge of Chinese real estate stocks rises 9.9% Shares of Chinese property developers extended a rally after Beijing announced forceful measures to shore up the beleaguered property market. A Bloomberg...
May 16, 2024 | Markets
New home construction increased in April after down revisions Proxy for future building fell to lowest since the end of 2022 New US home construction rose by less than forecast in April and permits for new activity dropped, suggesting the recent rise in mortgage rates...
May 15, 2024 | Markets
GDP data for last quarter of 2023 revised to show no growth Consumption, business investment, net exports all exert drag Japan’s economy shrank in the first quarter as consumers and companies cut spending, extending a dismal performance that stretches back to last...
