Business
Bank of Korea kept its benchmark rate at 2.50% for a seventh straight meeting, citing higher inflation pressure, weaker growth and market volatility.
China auto output hit 2.917 million and sales reached 2.899 million in March, rebounding sharply from February as exports and NEVs led the market.
China’s CPI rose 1% in March from a year earlier, while monthly prices fell and producer prices returned to growth.
Gold held steady as investors tracked US-Iran talks, oil-linked inflation risks and fresh Federal Reserve signals ahead of key US price data.
China’s foreign exchange reserves fell to $3.342 trillion in March, down 2.5% from February, as a stronger dollar and weaker asset prices cut valuations.
Japan posted a $24.8 billion current account surplus in February as overseas income stayed strong, offsetting weaker trade momentum and a continued services shortfall.