Asian Shares Rise as Vaccine Wait Tempers Wall St Optimism

Asian Shares Rise as Vaccine Wait Tempers Wall St Optimism

TOKYO (AP) — Asian shares advanced Friday after China reported its economy expanded at an 18% annual pace in the first quarter of the year. Jubilance over positive Chinese …
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IMF's Berger Warns China Tech Decoupling Would Slash Global GDP

“The world is such an integrated place,” Helge Berger, head of the fund's China mission, said in an interview with Bloomberg Television Friday.
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China Huarong Silence on Overhaul Plan Frays Investor Nerves

Rebecca Choong Wilkins reports. (Source: Bloomberg). “Investors need clarity,” said Thomas Wu, head of Asia fixed income at Pictet Wealth
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LG and General Motors expected to set up EV battery plant in US

SEOUL — LG Energy Solution and General Motors are set to make a “major U.S. manufacturing announcement” on Friday, the American automaker said, with an industry source saying it will be for an electric vehicle battery factory in the state of Tennessee.
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China's economy grows 18.3% in post-Covid comeback

China’s economy grew a record 18.3% in the first quarter of 2021 compared to the same quarter last year. It’s the biggest jump in gross domestic product (GDP) since China started keeping quarterly records in 1992. However, Friday’s figures are below …
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