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Elevating stagnant wages is Tokyo’s top priority and anti-deflation tool, necessary in creating a virtuous cycle of rising prices and incomes that boosts economic growth.
Policies in the 1980s to restrict the birth rate gave China a demographic dividend, with an enlarged working population driving GDP growth, but that has been exhausted. The…
Pichai Chunhavajira, an experienced businessman who has held various important positions previously, was named as the new finance minister, taking over the role from the premier…
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DOI: 10.1108/OXAN-DB286823
ISSN: 2633-304X
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There is sizeable demand for financial assets and products in Asia that exclude China. However, investor expectations that the US Federal Reserve (Fed) will not cut interest rates…
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DOI: 10.1108/OXAN-DB286862
ISSN: 2633-304X
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Quarter-on-quarter growth accelerated to 1.6%, from 1.2% previously. A 6% year-on-year expansion in the secondary sector -- manufacturing and construction -- led the growth, while…
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DOI: 10.1108/OXAN-DB286623
ISSN: 2633-304X
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Geographic
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Islamabad now seeks a larger, longer-term bailout programme with the Fund. Finance Minister Muhammad Aurangzeb has suggested that a staff-level agreement on such a package could…
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DOI: 10.1108/OXAN-DB286930
ISSN: 2633-304X
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Energy security concerns and regional economic interests are driving the construction of more coal mines and coal-fired power stations, though government mandates will set a cap…
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DOI: 10.1108/OXAN-DB286455
ISSN: 2633-304X
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The final phase will be on June 1. The National Democratic Alliance (NDA), led by Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP), aims to secure a third successive…
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DOI: 10.1108/OXAN-DB286538
ISSN: 2633-304X
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The government statement announcing the news alluded to “violations” and “shortcomings” that adversely affected public opinion and the CPV’s reputation. Thuong became president on…
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DOI: 10.1108/OXAN-DB286120
ISSN: 2633-304X
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The election in January of Lai Ching-te as president signalled continuity in economic policy, and economic pressure from Beijing has to date had limited effect. However, Lai faces…