Asia business news today reuter
Here are the top Asia business news stories from Reuters today:
China
- China's economy grew 6.1% in 2020, beating expectations and marking the first expansion in nearly three years, as the government's stimulus measures and a rebound in global trade helped to stabilize the economy. (Reuters)
- China's central bank injected 100 billion yuan ($14.6 billion) into the financial system on Monday, as part of its efforts to maintain liquidity and support the economy. (Reuters)
Japan
- Japan's economy contracted at a slower pace than expected in the fourth quarter, with a 2.8% annualized decline, as the government's stimulus measures and a rebound in exports helped to mitigate the impact of the pandemic. (Reuters)
- Japan's Nikkei 225 index rose 1.2% on Monday, led by gains in technology and financial stocks, as investors welcomed the country's economic growth data. (Reuters)
South Korea
- South Korea's economy grew 1.1% in the fourth quarter, beating expectations, as a rebound in exports and a recovery in domestic demand helped to drive growth. (Reuters)
- South Korea's central bank kept its benchmark interest rate unchanged on Monday, citing the need to support the economy amid the pandemic. (Reuters)
India
- India's economy grew 4.7% in the third quarter, slower than expected, as a decline in consumer spending and a contraction in manufacturing weighed on growth. (Reuters)
- India's rupee fell to a record low against the dollar on Monday, as investors sold the currency amid concerns over the country's economic outlook. (Reuters)
ASEAN
- Southeast Asia's economy is expected to grow 4.5% in 2021, slower than previously forecast, as the pandemic continues to weigh on the region's economies, according to a report by the Asian Development Bank. (Reuters)
- Indonesia's economy grew 2.9% in the fourth quarter, slower than expected, as a decline in consumer spending and a contraction in manufacturing weighed on growth. (Reuters)
These are just some of the top Asia business news stories from Reuters today. If you'd like to see more, please let me know!