Page 7 - Lean Hogs News Today

ASIA: South Korea's producer price inflation slowed for a seventh straight month to its lowest in 22 months, central bank data showed on Thursday. The producer price index rose 5.1% in January from a year earlier, while it had climbed 5.8% in December, according to the Bank of Korea. It was the slowest annual

ASIA: BlackRock Investment Institute raised U.S. short-term government bonds as well as Chinese and other emerging market stocks to "overweight" on Tuesday, saying investors were realizing that the U.S. Federal Reserve may have to become more aggressive in its campaign to subdue inflation. BlackRock also said it was going "overweight" on Chinese and other

ASIA: The IMF has warned that an abrupt change in Japan’s ultra-loose monetary regime would have “meaningful spillover” effects on global financial markets, underscoring the need for the Bank of Japan to clearly communicate about its future policy. IMF’s first deputy managing director Gita Gopinath called on BoJ to take a flexible approach to

ASIA: China kept benchmark lending rates unchanged for a fifth month on Friday, as expected, but analysts say future cuts are possible as the central bank has pledged to support the COVID-ravaged economy. The one-year loan prime rate (LPR) - on which most new and outstanding loans are based - was left at 3.65%.

ASIA: Japan's core consumer inflation hit a fresh four-decade high as companies continued to pass on rising costs to households, data showed, a sign price hikes were broadening and could keep the central bank under pressure to whittle down massive stimulus. Japan's core consumer price index (CPI), which excludes volatile fresh food but includes energy

ASIA: The major Asian stock markets had a negative day today: NIKKEI 225 decreased 669.61 points or -2.46% to 26,568.03 Shanghai decreased 33.35 points or -1.07% to 3,073.77 Hang Seng decreased 258.01 points or -1.33% to 19,094.80 ASX 200 decreased 109.60 points or -1.54% to 7,024.30 Kospi decreased 18.88 points or -0.80% to 2,333.29

ASIA: Uncertainty facing the global economy next year will exacerbate challenges at home for China, economists in Beijing say, while urging swift support to help counter external headwinds. As the risk of global recession looms, China should stay alert to turbulence in international markets and the potential of another financial crisis, said former vice-finance minister

ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 327.90 points or 1.21% to 27,527.64 Shanghai increased 7.02 points or 0.23% to 3,077.82 Hang Seng increased 434.77 points or 2.69% to 16,595.91 Kospi increased 23.36 points or 0.99% to 2,371.79 ASX 200 increased 41.20 points or 0.60% to 6,933.70

ASIA: In the next five years, India may become the third-largest economy after the United States and China, says International Monetary Fund's World Economic Outlook database. As per the IMF, the South Asian country is most likely to reach the position two years earlier than initially expected, overtaking Germany and Japan. Considering India's perspective to

ASIA: Core consumer prices in Japan's capital, a leading indicator of nationwide figures, rose 3.4% in October from a year earlier, data showed on Friday, marking the fastest annual pace since 1989 in a sign of broadening inflationary pressure. The rise in the Tokyo core consumer price index (CPI), which excludes volatile fresh food