On Friday, government data showed Japanese factory output fell 1.6 per cent on a monthly basis in May, a drop greater than the market’s average forecast of one per cent.
According to the data, factories surveyed by the Ministry of Economy, Trade and Industry forecast an increase of 5.6 per cent in June and 0.6 per cent in July.
This comes as Asia is experiencing an economic and industrial crisis, in conjunction with Russia’s war on Ukraine.
Indonesia's government is taking decisive steps to address both economic and industrial challenges as it prepares for the fiscal year 2025. Trade Minister Zulkifli Hasan announced a comprehensive...
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Industries that migrated to ASEAN countries like Vietnam and Thailand for lower labor costs are now grappling with financial challenges due to rising minimum wages in the region....
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India's steel and trade ministries are actively discussing measures to address a surge in steel imports, particularly from China, according to a government source. The discussions come amid...
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Saudi Aramco has secured a 10% stake in Horse Powertrain, the joint venture between French carmaker Renault and Chinese automaker Geely, according to a statement released on Friday....
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Mumbai, India — In a significant development for the Indian automotive industry, Hyundai Motor India has sought regulatory approval to list on the Mumbai stock market. This move is...
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