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Japan wage growth cools in manufacturing, picks up in services

May 16, 2025

China races to calm worries over end to $42bn consumer subsidies
SHANGHAI — China is rushing to tamp down fears of an abrupt end to its 300 billion yuan ($41.7 billion) subsidy program now that several cities have suspended or downsized their plans earlier than anticipated. “Are some regions canceling ‘national subsidies’? Not true,” read a headline published by state news agency Xinhua on Wednesday evening.…
In Oklahoma City, the Thunder and their fans form NBA’s closest bond
OKLAHOMA CITY — 6501 S. Meridian Ave. is not the type of place where a championship parade would be expected to kick off. Twenty minutes southwest of downtown Oklahoma City, along a little-used road just outside the city’s international airport, a chain-link fence separates a parking lot with a few dozen spaces from an airplane…
Philippine central bank cuts rates to boost economic growth
MANILA — The Philippine central bank on Thursday trimmed its benchmark rate by 25 basis points as it moved to support economic growth, wielding policy flexibility recently gained from the deceleration of inflation. With the cut, Bangko Sentral ng Pilipinas brought the overnight repurchase rate to 5.25%.
A guide ahead of New York City’s prim
When New Yorkers fill out ballots in Tuesday’s mayoral prim, they’ll be able to choose more than just one candidate. They can pick a second choice. And a third. And a fourth. And a fifth. It’s part of a process called ranked choice voting, a system that lets voters rank candidates in order of preference…
Mushfiqur Rahim Breaks Younis Khan’s Record in Galle Test
Galle: Veteran Bangladesh batter Mushfiqur Rahim has etched his name into the record books, surpassing former Pakistan captain Younis Khan’s Test milestone. This significant achievement came during the ongoing first Test match against host nation Sri Lanka at the Galle International Stadium. Mushfiqur Rahim, displaying remarkable resilience, scored his 12th Test century. In doing so,…
US Milit presence in Middle East
US Milit presence in Middle East Washington: The United States maintains a significant milit footprint across the Middle East, with thousands of troops stationed at strategic bases in the region. In 2024, the United States continues to maintain a significant milit footprint across the Middle East, with troops stationed in over a dozen countries and…
Malaysia’s Anwar pitches joint economic zone with Singapore
ISKANDAR PUTERI, Malaysia — Prime Minister Anwar Ibrahim on Thursday vowed Malaysia would consider feedback from foreign investors as it develops a special economic zone with Singapore that it hopes will boost the nation’s status as a regional business center. Speaking at the two-day Nikkei Forum Medini, Johor 2025 — held in the southernmost Malaysian…
Indian states fight for slice of ‘concert economy’ amid boom
NEW DELHI — When American rap megastar Post Malone takes the stage in India’s Assam state in December, in what will be its most high-profile international act yet, he will be capping a breakout year for live music in a country that has seen Coldplay play massive, lucrative stadium shows, and the start of a “concert economy” race…