A shortage of microchips resulted in a sharp drop in car production in Japan and a significant drop in industrial production in the country as a whole. Japan's Ministry of Trade released data for May, showing that the country's industrial production fell by 5.9% compared to April. This is the first...

Higher costs of raw materials, a shortage of semiconductors and an outbreak of Covid-19 in the major export province of Guangdong – even while a wider supply chain disruption in Asia ensued, forced down growth of factory activity in China in June – reaching to a four month low.   Other...

Saudi Arabia's state-owned oil and gas company Saudi Aramco could raise August oil prices for Asian buyers, according to Bloomberg’s survey. Most analysts polled by the agency expect Saudi Arabia to raise the selling price of Arab Light, the basis for pricing other grades, by $0.65 a barrel for...

With Japanese households expending more, there was surge in retail sales in the country in May that beat analysts’ expectations. However, Covid-19-linked pressures continued to put pressure on the underlying trends in consumption which again suggested that the complete recovery of the third largest...

The disruption to the brick-and-mortar operations of companies of Singapore caused by the covid-19 pandemic is forcing more companies from the city state to move their business online to adapt to the new trend of online shopping.    The pandemic even forced a rethink of their business...

Australia asked the World Trade Organisation (WTO) to start consultations with China over China's anti-dumping duties on Australian bottled wine, the WTO press office said. As explained, Australia argues that the measures are incompatible with various provisions of the WTO Anti-Dumping Agreement,...

The cryptocurrency mining industry of China accounts for more than half of global bitcoin production which has been virtually paralysed because of the sweeping ban on cryptocurrency mining by Chinese authorities.   According to reports, Chinese cryptocurrency miners are dumping their...

After being subdued for the last few years and with companies recovering from the Covid-19 pandemic, it is expected that there would be a surge in their expansion plans of companies this year. Companies are also expected to register higher profits and cash flows which will also prompt greater...

Regulations on foreign investment funds that have stakes in domestic Japanese companies that have important technologies in the critical fields such as the nuclear industry and defence will likely be tightened by the Japanese government, claimed a report published in the Japanese newspaper Yomiuri...