Economy

By Kantaro Komiya and Kaori Kaneko TOKYO (Reuters) – Japan’s consumer confidence index nudged up in April to mark its first increase in six months after the end of COVID-19.

TOKYO (Reuters) – Japan’s consumer inflation will continue to face upward pressure later this year from rising electricity bills and food prices, as the recent surge in commodity prices hits.

By Bharat Gautam (Reuters) – Gold prices fell on Monday as elevated U.S. Treasury yields pressured demand for zero-yield bullion, ahead of a widely expected big interest rate hike by.

By Selena Li and Anshuman Daga HONG KONG/SINGAPORE (Reuters) -Wealth managers at the big global banks are tempering their expectations for Asia, their fastest growing market, after China’s regulatory crackdown.

BEIJING (Reuters) – China’s financial hub of Shanghai has reined in COVID transmission risks at the community level, excluding cases in quarantine centres, with six of its 16 districts attaining.

OMAHA, Neb. (Reuters) – Warren Buffett said on Saturday that inflation “swindles almost everybody” and that it was “extraordinary” how much inflation had been seen in Berkshire Hathaway (NYSE:BRKa) Inc’s.

By Asif Shahzad ISLAMABAD (Reuters) – Pakistan said on Saturday it would maintain subsidies to keep fuel and power prices steady for consumers, going against International Monetary Fund (IMF) recommendations.

By Brenda Goh and Min Zhang SHANGHAI/BEIJING (Reuters) -Shanghai said on Saturday it had detected no new daily COVID-19 cases outside quarantine areas, marking a key milestone in its battle.