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18 Apr

China's supply chains must be stabilised, vice premier says

BEIJING (Reuters) -China's supply chains must be stabilised amid COVID-19 outbreaks, with local governments helping key companies get back to work, the official Xinhua news agency quoted Vice Premier Liu He as saying.

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18 Apr

Musk tweets 'Love Me Tender' days after Twitter takeover offer

Billionaire entrepreneur Elon Musk posted a tweet on Saturday saying "Love Me Tender", days after he took aim at Twitter Inc with a $43 billion cash takeover offer.

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18 Apr

China's Q1 GDP expands 4.8% y/y, better than forecast, but risks to outlook abound

China's economy grew at a faster than expected clip in the first quarter, official data showed on Monday, expanding 4.8% year-on-year, but the risk of a sharp slowdown over coming months has risen as sweeping COVID-19 curbs and the Ukraine war take a toll.

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18 Apr

BOJ's Kuroda warns recent yen moves 'quite sharp', may hurt businesses

Bank of Japan Governor Haruhiko Kuroda said on Monday the yen's recent moves have been "quite sharp" and could hurt companies' business plans, offering his strongest warning to date of the risks stemming from the currency's depreciation.

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18 Apr

Explainer-Sri Lanka's reluctance to tap IMF helped push it into an economic abyss

Sri Lanka's worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nation of 22 million people struggles with prolonged power cuts and a shortage of essentials, including fuel and medicines.

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18 Apr

China's Q1 GDP beats forecast, but March activity heightens risks to outlook

BEIJING (Reuters) -China's economy grew at a faster than expected clip in the first quarter, data showed on Monday, expanding 4.8% year-on-year, but the risk of a sharp slowdown over coming months has risen as sweeping COVID-19 curbs and the Ukraine war take a heavy toll.

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17 Apr

China data to show sharp March deterioration as COVID bites, but solid Q1 growth

BEIJING (Reuters) -China is expected to report a sharp deterioration in economic activity in March as COVID-19 outbreaks and lockdowns hit consumers and factories, although first-quarter growth may have perked up due to a strong start early in the year.

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Latest Articles

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