Browsing Tag

Asia

Reports for May in China's industrial sector indicate sustained growth, driven by innovation. According to data for last month, "China's value-added industrial output grew 5.8 percent year-on-year." In the manufacturing sector, value-added output increased 6.2 % year-on-year, with increases of 9 %…
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China suspends purchase of Boeing aircraft

Chinese airlines have received communication from the government about the suspension of the purchase of Boeing aircraft in response to the United States tariffs. According to official instructions, the Chinese government's decision…

China offers the fastest Internet in the world

Citizens of China enjoy the fastest Internet connection in the world, with a speed of 1.2 terabits per second. The Asian nation has made profound progress, particularly in the use of fiber optics through a network of more than 3,000…

Bank of Japan relaxes bond yield margin to 1 %

The Policy Council of the Bank of Japan (BoJ) decided this Tuesday to maintain its ultra-loose monetary stance, with the reference interest rate at -0.1 %, although it has announced that it will increase flexibility in controlling the yield…

Cryptocurrency adoption increases in India

The adoption of cryptocurrencies in India has increased to the point of positioning the country as second in this market, according to a report by Chainalysis. Data from this platform shows “Central, Southern and Oceanic Asia (CSAO) as one…

China cut tax on stock transactions

In an effort to reinvigorate confidence in its stock market, China took a bold step by announcing a drastic measure. The Asian country has cut the tax on stock transactions in half, marking the first change of its kind since 2008. The…