AFP Asia Business
Chinese economic growth among slowest in decades
China posted one of its slowest rates of economic growth in decades Friday, as leaders nervously eye a potential trade standoff with incoming US president Donald Trump.Beijing has announced in recent months its most aggressive support measures in years in a bid to reignite an economy suffering on multiple fronts, including a prolonged property market …
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‘No money’: gloom on Beijing streets as economic growth slows
Consumers pinching pennies, businesses seeing fewer customers, and a pervading sense that the economy just isn’t bouncing back — the mood was grim in Beijing as China posted some of its lowest growth in decades.Government data on Friday showed the economy grew by five percent in 2024, hitting a much-touted government target but its lowest …
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Asian traders give mixed reaction as China’s economic growth slows
Asian markets were mixed Friday as data showing China’s economy grew slightly quicker than expected last year failed to inspire investors, with Beijing battling to revive consumption and boost the battered property sector.The five percent expansion was in line with the target set by Beijing but the weakest since 1990 — excluding the pandemic years …
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Nintendo shares down on detail-light Switch 2 teaser
Nintendo shares tumbled as much as seven percent on Friday after the Japanese games giant failed to impress with a teaser video of its hotly awaited Switch 2 console.The brief clip released Thursday showed a gadget that is bigger but broadly similar in appearance to the original hybrid Switch, which can be handheld or connected …
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