Stocks Tumble as China’s Economic Data Disappoints
The Hong Kong Stock Exchange’s Hang Seng Index closed down more than 2% today after China released disappointing economic data. This includes industrial production and retail sales which expanded less than expected. The Hang Seng Index closed at 16,248.97 points, down 351.49 points or -2.12%. China’s National Bureau of Statistics (NBS) said today that Gross […]
Shanghai Composite Index Rises as China’s Manufacturing Sector Expands in March
The Shanghai Composite Index of China’s stock markets closed positive today. After China revealed that the index of the manufacturing sector started to expand again in March. The Shanghai Composite Index closed at 3,077.38 points, an increase of 36.21 points or +1.19%. China’s National Bureau of Statistics (NBS) said yesterday (31 March) that China’s March […]
China’s Industrial Profits Rise by 10.2% in First Two Months of 2024, Signaling Strong Economy Ahead
China’s National Bureau of Statistics said today (March 27) that the profits of industrial companies rose by 10.2% between January and February. compared annually which is another positive sign that shows China’s economy is starting 2024 strong. After earlier releasing several better than expected economic data. The data shows that the profits of Chinese manufacturing […]
Rice Prices in Philippines Continue to Rise Despite Slowdown in Inflation
The Philippine Statistics Authority (PSA) said today (February 6) that rice prices in the Philippines continued to increase in January. This is despite general inflation slowing. The El Niño phenomenon and the suspension of Indian rice exports are likely to push rice prices higher in the coming months. The PSA said rice inflation hit 22.6% […]
China’s Population Decline Reaches Record Lows: Birth Rate Falls and Deaths Rise
China’s population has continued to decline in recent years. It faces its first population decline in six decades in 2022 as the birth rate falls to record lows and deaths rise. China’s National Bureau of Statistics released official figures today (January 17) that the overall population in mainland China will decrease by 2.08 million to […]
Rise in Jobs for Elderly in South Korea, New Opportunities for Older Workers
Employment Trends in South Korea On December 6, the National Statistical Office of South Korea revealed some interesting findings about the country’s job market. According to the agency, the total number of jobs in 2022 has increased to 26.45 million, a rise of 870,000 from the previous year. Shift in Job Creation The report highlighted […]
London Stock Exchange Closes Positive as UK Economy Outperforms Expectations
London Stock Exchange Closes with Positive Gain on Strong Economic Performance On Friday (September 29), the London Stock Exchange experienced a surge as it was bolstered by data revealing a stronger-than-expected performance of the British economy in the second quarter of 2023. The London Stock Exchange’s FTSE 100 Index concluded at a high of 7,608.08 […]
Australian Employment Surpasses Expectations, Driving Dollar Appreciation
Australia’s Labor Market Remains Strong as Employment Surges In a positive turn of events, the Australian Bureau of Statistics (ABS) released a report today indicating that employment in the country has experienced unexpected growth for the second consecutive month in June. This surge in employment further reinforces the notion that Australia’s labor market remains tight […]
In April, economic activity continued to improve, and consumption became a bright spot of economic recovery | Epidemic | National Bureau of Statistics_Sina Technology_Sina.com
Reposted from: China Business Network Our reporter Tan Zhijuan reports from Beijing In April, economic activity continued to recover, and the growth rate of industrial value added and consumption accelerated year on year compared to the previous month. According to the latest data released by the National Statistics Office, in April, the industrial added value […]
