Six Pacific countries at high risk of debt distress – World Bank
WELLINGTON (Reuters) – Six Pacific countries are at a high risk of debt distress in part due to government spending…
Asia
Visiting Ukraine, China’s envoy urged all sides to create space for peace talks
BEIJING (Reuters) – Beijing’s special envoy noted there was no panacea to the war in Ukraine during a visit to…
NZ sees bigger deficit as economy sputters, spending boost to fan inflation
By Lucy Craymer WELLINGTON (Reuters) -New Zealand on Thursday announced a worse-than-forecast budget deficit as a slowing economy and a…
Top Australian sporting bodies endorse Indigenous referendum as support dips
By Praveen Menon SYDNEY (Reuters) – Two of Australia’s top football codes on Thursday backed a proposal to constitutionally recognise…
China’s fiscal revenue growth quickens as economy recovers
BEIJING (Reuters) – China’s fiscal revenue rose 11.9% in the first four months of 2023 from the same period a…
Australia employment unexpectedly drops, reinforcing rate pause bets
By Stella Qiu SYDNEY (Reuters) -Australia employment unexpectedly dipped in April after two months of outsized gains, and the jobless…
Micron to invest $3.7 billion in Japan for new DRAM chips
(Reuters) -Micron Technology Inc said on Wednesday it plans to invest up to 500 billion yen ($3.70 billion) in extreme…
Japan’s export growth hits two-year low on weak China demand
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s export growth hit its weakest pace in more than two years in April as…
New York bike-path attacker sentenced to life after victims confront him
By Luc Cohen and Brendan O’Brien NEW YORK (Reuters) -The mother of a New Yorker killed in 2017 when a…
China’s domestic travel recovery marred by anti-spending ‘special forces’
By Casey Hall SHANGHAI (Reuters) – When graduate student Cai Zhishan decided to spend her Labour Day holidays in northern…