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Rat remains found in bread sparks Japan recall and refunds

One of Japan's most well-known bread brands is recalling thousands of packets and offering refunds after the remains of a rat was found in...

China economy grows faster than expected in first quarter

China's first quarter retail sales growth slipped China's economy made a stronger-than-expected start to the year, even as the crisis in its property sector deepened. According...

India economy beats expectations with 8.4% growth

India has retained its title of the world's fastest growing major economy as it expanded by 8.4% in the last three months of 2023. The...

China tourism spending tops pre-Covid level

Tourism spending in China during the Lunar New Year jumped above pre-Covid levels, official data shows. Domestic tourism spending hit 632.7 billion yuan ($87.96bn; £69.7bn),...

Japan unexpectedly slips into a recession

Japan has unexpectedly fallen into a recession after its economy shrank for two quarters in a row. The country's gross domestic product (GDP) contracted by...

Singapore’s biggest bank cuts executive pay after outages

Singapore's biggest bank DBS has slashed its CEO's bonus by 30% after disruptions to its digital services, despite it posting a record profit. The company...

US approves $4bn sale of armed drones to India

The US State Department has approved the potential sale of 31 armed drones, missiles and other equipment to India for nearly $4bn (£3.14bn). The MQ-9B...

China’s central bank adds liquidity via reverse repos

China's central bank conducted 383 billion yuan (about 53.97 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Tuesday. It...

TikTok Shop Indonesia to reopen after $1.5bn deal

Social media app TikTok has struck a joint venture deal with Indonesian tech giant GoTo to restart its online shopping business in the country. The...

China’s central bank to boost support for real economy

China's central bank will intensify its support for the real economy, fortify measures against systemic financial risks, and further enhance financial openness, according to...


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