- Consumer prices in Japan's capital rise at fastest pace since 2014Macro Matters ·
October 4, 2022 · 2:58 AM UTC
Core consumer prices in Japan's capital, a leading indicator of nationwide inflation, rose 2.8% in September from a year earlier, exceeding the central bank's 2% target for a fourth straight month and marking the biggest gain since 2014.
- IndiaIndian Himalayas avalanche kills four, several missing
At least four people have died and several others are still missing in the Indian Himalayas after a group of 41 mountaineers was hit by an avalanche on Tuesday, a statement from a mountaineering institute in northern India said.
- Asia PacificBlackout in most of Bangladesh after national grid failure
Large swathes of Bangladesh were left without electricity on Tuesday after a grid failure, a government official said, adding that authorities were working to gradually restore power supply in the country of 168 million people.
- Asia PacificPhilippine media groups demand protection after journalist's murder
A Philippine journalist has been shot dead while driving in the country's capital, police said on Tuesday, prompting condemnation from media groups and activists, who described his assassination as a blow to press freedom.
- Macro MattersSouth Korea factory activity weakens for third month in September
South Korea's factory activity shrank for a third straight month in September, and by the sharpest pace in more than two years, amid weakening global demand, a private-sector survey showed on Tuesday.
- MarketsSouth Korea's Yoon says current account to post surplus this year
South Korean President Yoon Suk-yeol said on Tuesday the current account would be in surplus for the whole of this year despite a trade deficit in recent months, blaming the shortfall on raw materials and semiconductor price changes.
- MarketsThai exports expected to rise 8% this year, national shipper's group says
Thailand's exports are expected to rise 8% this year, the top end of a previous forecasts range of 6% to 8%, helped by increased demand for food amid global food insecurity, the national shippers' group said on Tuesday.
- Asian MarketsThai economic recovery intact despite global volatility, central-bank chief says
Thailand's economic recovery should remain intact despite global volatility, while efforts to contain inflation will not disrupt the country's growth path, its central bank governor said on Tuesday.