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Rat remains found in bread sparks Japan recall and refunds

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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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