Business articles

Shanghai stocks climb in Asian market rally

Shanghai stocks closed more than one percent higher on Monday, with traders buoyed by reports that China’s official pension funds may start investing, as markets across Asia saw modest gains.

Thailand 2016 growth up but below junta target

Thailand’s economy grew 3.2 percent in 2016, a slight increase on the previous year but below the junta’s target as the generals struggle to revive what was once one of the region’s strongest economies.

Debt-saddled Mongolia agrees $5.5 bn IMF bailout

Mongolia has reached an agreement with the International Monetary Fund on a $5.5 billion bailout package, officials announced, as the debt-wracked country tries to stabilise its economy.

Japan returns to trade deficit in January

Japan logged its first trade deficit in five months in January, official data showed Monday, as higher energy prices overwhelmed slower growth in exports due to the lunar new year.

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