Clement Tan

China says military spending growth in 2024 to stay the same as last year at 7.2% - CNBC

A GDP contraction for a second straight quarter may have muddled the case for interest rate normalization for Bank of Japan Governor Kazuo Ueda.

Hopes are high for a meaningful wage increase at the ongoing “shunto” annual wage negotiations between unions and employers.

Goldman Sachs expects the BOJ to raise interest rates at its March meeting ending Tuesday, bringing forward its previous forecast for an April decision.

These changes are the sharpest pull back in one of the most aggressive monetary easing exercises globally, as BOJ sought to reflate its economy.

The decision Tuesday sparked a sharp selloff in the Japanese yen, sinking to more than 150 yen to the dollar.

Japan PE deal value surged 183% in 2023 from a year earlier, making it the largest private equity market in Asia Pacific for the first time.

The Caixin China manufacturing purchasing managers’ index was 51.1 in March — its strongest since February 2023.

Su Wenqiang was one of 10 people of Chinese origin arrested in a major money laundering scandal that has rocked the Southeast Asian city-state.

The death of family members, a failed business partnership and the pandemic played a part in helping 3 millennials start businesses to preserve their family legacy.