Kishida said on Monday the government would not add wage growth as a new policy goal for the Bank of Japan, but would devise ways to prop up wages with the central bank.
The Chinese yuan fell to a more than two-week low on Monday as protests in China against Beijing's zero-Covid policies caused investors to back the US dollar.
Chinese stocks and oil prices fell sharply early on Monday, after protests in many cities against tough Covid restrictions, while the country posted another record high tally of Covid cases
China's central bank will offer loans with a rate much lower than the benchmark interest rate so financial institutions can buy onshore bonds issued by developers, sources say
A large chunk of Binance's emergency insurance fund – 44% – is made up of the crypto exchange's own BNB tokens, crypto followers have noted
Carmaker Vinfast shipped its first 999 EVs to the United States on Friday and more will be on the way in January, the company says
The plan for Japan and Britain to develop a fighter jet together may led to Tokyo easing its military export rules, MPs have said
The core consumer price index in the Japanese capital was 3.6% higher in November than a year earlier. This was the highest since April 1982.
President says the strike is holding the national supply chain "hostage" during an economic crisis, which is "unacceptable". Logistics disruptions have hit several sectors already.
Fitch Ratings says new-energy vehicles will continue to see strong growth next year as more motorists ditch petrol cars. It says EVs will account for 35% of car sales on the mainland in 2023
Economic activity in the fourth quarter "is crucial for full-year growth", according to the State Council meeting chaired by Premier Li Keqiang, who said now was a "critical time" to bolster the economy.
Stellantis plans to produce dozens of electric models in the coming decade, but its CEO Carlos Tavares has said it could be five or six years before affordable battery EVs are created