Japan’s chief cabinet secretary calls for broad-based wage hikes
Broadening pay hikes among smaller firms is crucial, said Japan’s top government spokesperson, Yoshimasa Hayashi, underscoring the administration’s drive to…
China adds 6.98 million urban new jobs in first half of year
China said on Tuesday that it added 6.98 million urban new jobs in the first half of the year, according…
China firms issue record $14 billion convertible bonds as market revives
China’s top companies have raised a record $14 billion in offshore convertible bonds so far this year as they diversify…
India keeps infrastructure spend target unchanged at record 11.11 trln rupees for 2024-25
India’s federal government said on Tuesday that it will spend a record 11.11 trillion rupees ($132.85 billion) on infrastructure in…
Economy to get greater financial policy support
China cut key interest rate benchmarks on Monday, demonstrating policymakers’ strong commitment to strengthening macroeconomic policy support and putting into…
US existing home sales slump in June; median price hits record high
U.S. existing home sales fell more than expected in June as the median house price set another record high, but…
German tax revenue rose 6.2% in June
Germany’s federal and regional state governments’ tax revenue rose strongly in June compared with the same month last year, the…
Singapore seen keeping monetary policy unchanged amid inflation risks
Singapore’s central bank is widely expected to keep monetary policy unchanged this week and hold off easing settings amid lingering…
India’s Modi spends billions on jobs, key allies in first budget after election
India unveiled spending of billions of dollars to create new jobs and satisfy key coalition partners in the first budget…
G20 sees growing chance of soft landing for global economy in draft communique
Group of 20 finance leaders are expected to cheer the increasing likelihood of a soft landing of the global economy…