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Asia markets mostly lower after investors assess Australia inflation data – CNBC

2 hours ago Japan consumer confidence falls in May as most households expect prices to rise Japan Consumer Confidence Index The index fell to 36.2 in May from 38.3 in April, continuing a decline since February and reaching its lowest level since November. The majority of survey respondents expect prices to rise over the next […]

Asia FX weakens as Fed minutes brew rate fears, boost dollar – Investing.com

Investing.com — Most Asian currencies traded in narrow ranges on Thursday, recouping some overnight losses as minutes from the U.S. Federal Reserve’s latest meeting boosted the dollar amid growing concerns about higher interest rates for a long time. The prospect of a renewed trade war between the U.S. and China after China retaliated against higher […]

Kazakhstani ex-government official sentenced for wife’s torture and murder in Central Asia

Kazakhstan’s Supreme Court has convicted former government official Quandyk Bysinbayev of torturing and killing his wife. Mr. Visinbayev was sentenced to 24 years in prison on Monday. The incident sparked widespread public outcry and led to calls for tougher penalties for domestic violence. Kazakhstan’s Supreme Court on Monday convicted a former government official of torturing […]

K.P. Yohannan, Founder of Gospel for Asia and Missions Pioneer, Dies at 74

KP Yohannan, who founded Gospel for Asia with the aim of spreading the gospel to the continent through local missionaries, died the next day, May 8, after being hit by a car while taking a morning walk. He was 74 years old. Mr. Yohannan founded Gospel for Asia in 1979 and served as its director […]

Yen's Fragility Raises Specter of a New Currency War in Asia – Yahoo Finance

(Bloomberg) — As the yen hits new lows, some investors are anticipating a scenario almost unthinkable in a region busy supporting currency declines: a series of competitive moves that could trigger a new Asian currency war. We are pondering the scenario of a weaker yen. Most Read Articles on Bloomberg The alleged intervention to drag […]

Japan stocks lead gains in Asia after upbeat consumer spending data, U.S. rate cut hopes lift sentiment – CNBC

26 minutes ago Nippon Watch records current account surplus in 2023/24 According to Reuters, Japan recorded its largest-ever current account surplus worth 25.3 trillion yen ($162.9 billion) in the fiscal year ending March 2024. The current account surplus in March was 3.4 trillion yen. Current account measurements are important indicators of international trade. —Shreyashi Sanyal, […]