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Posted on October 9, 2020

Japan’s household spending, real wages extend COVID-driven declines

Japan's household spending fell for an 11th straight month in August and real wages marked half a year of declines, as consumers struggled to return to their pre-pandemic purchasing habits. ( read original story ...)

Posted on October 9, 2020

Japan’s real wages fall for sixth straight month as pandemic bites

Japan's inflation-adjusted real wages fell for the sixth straight month in August, reflecting a big drop in overtime pay due to the impact on the labour market from the COVID-19 pandemic, government ... ( read original story ...)

Posted on October 9, 2020

The Latest: India edges closer to 7 million virus cases

India has reported another 70,496 new infections in the past 24 hours, taking the country’s total since the pandemic began to more than 6.9 million ... ( read original story ...)

Posted on October 9, 2020

Amazon India’s payments unit gets $95.5 million from parent ahead of festive season

Amazon.com Inc has invested 7 billion rupees ($95.51 million) in its Indian payments unit, ahead of the festive season, data from business intelligence firm Tofler showed. ( read original story ...)

Posted on October 9, 2020

India’s already-high inflation likely climbed further in September: Reuters poll

Retail inflation in India likely rose further above the central bank's medium-term target last month as food prices climbed due to lingering supply disruptions, a Reuters poll found, reducing the ... ( read original story ...)

Posted on October 9, 2020

India’s daily coronavirus cases drop a fifth in three weeks

India’s daily coronavirus infections have fallen almost 20 per cent over the past three weeks, raising hopes that the pandemic may be peaking in the cities that were among the hardest hit in the world ... ( read original story ...)

Posted on October 9, 2020

Covax: vaccine global effort gets China’s support

Beijing joins initiative against ‘vaccine nationalism’ in contrast to US, which is not part of alliance ... ( read original story ...)

Posted on October 9, 2020

China polishes its image by joining WHO vaccine initiative

China will join a World Health Organization initiative aimed at ensuring fair distribution of Covid-19 vaccines around the world as part of Beijing’s latest effort to steal a public relations march on ... ( read original story ...)

Posted on October 9, 2020

China’s stocks and currency rally as traders return from holiday

China’s currency jumped by the most in two and a half years while the country’s onshore stocks gained on positivity over the world’s second-biggest economy as traders returned from a lengthy holiday. ( read original story ...)

Posted on October 9, 2020

China funds targeting Ant IPO rake in $9 billion from over 10 million investors

Five newly launched Chinese funds targeting Ant Group's upcoming mega stock listing raised 60 billion yuan ($8.93 billion) cumulatively from more than 10 million retail investors, selling out within ... ( read original story ...)

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