The Japanese yen strengthened this week as government officials signaled a push for domestic institutional investors, including the Government Pension Investment Fund (GPIF), to increase their allocation toward Japanese assets. …
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Asia’s Strategic Pivot: Balancing Economic Integration Amid Global Fragmentation Asian policymakers and business leaders are increasingly adopting a pragmatic “minilateral” approach to maintain economic growth as global trade fragmentation intensifies. …
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China Tightens Control Over AI Models as Tech Giants Halt Overseas Features China is reportedly considering restrictions on overseas access to its leading artificial intelligence (AI) models, according to multiple …
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Japan’s real wages rose for a fifth consecutive month in May, though the pace of growth slowed as persistent inflation offset nominal pay gains. While nominal wages have maintained a …
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Unregulated Drone Activity and Beijing’s Tightening Low-Altitude Airspace Controls Recent reports of unauthorized aerial incidents in Beijing have accelerated the Chinese government’s push to formalize low-altitude airspace management. While rumors …
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China’s residential real estate market continues to face significant downward pressure, with resale home prices in major cities falling at an accelerated pace throughout mid-2024. According to data from the …
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PBOC Debuts Overnight Reverse Repo Rate at 1.25% to Fine-Tune Liquidity The People’s Bank of China (PBOC) launched a new overnight reverse repo facility with an initial rate of 1.25%, …
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Japan’s government has unveiled a new medium-term economic blueprint aiming to more than double the nation’s real economic growth rate to over 1%. The plan, released in late 2024, seeks …
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Business
Solar Power Boom Sparks as Philippines and Thailand Rush to Renewable Energy Amid Global Shift
Rising Energy Costs Drive Solar Adoption Across Southeast Asia The Philippines and Thailand are experiencing a significant surge in rooftop solar installations as households and businesses seek to mitigate the …
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China to Increase Refined Fuel Export Quotas for State-Owned Refiners in July China will raise the refined fuel export quota for its state-owned refiners in July, according to three industry …