Business
AI chip demand helped Singapore beat its Q1 GDP estimate, with exports and manufacturing gains led by electronics and semiconductors.
Japan’s economy expanded for a second straight quarter as Q1 GDP rose 2.1 percent annualized, supported by exports and domestic demand.
China retail sales rose just 0.2 percent in April as industrial output and fixed asset investment also weakened across key indicators.
China reported 5.6 percent industrial output growth through April, led by manufacturing, equipment production and high tech sectors.
Dubai Customs’ Green Corridor kept diverted cargo moving through Hatta as April declarations neared 100,000 and trade value topped AED8 billion.
South Korean companies posted Q1 operating profit above 156 trillion won as Samsung Electronics and SK hynix drove semiconductor gains.