Asia-Pacific markets, trade data, Bank of Japan

Bank of Japan emphasizes need to keep current monetary policy The Bank of Japan emphasized the need to maintain its current monetary policy, including leaving the yield curve control unchanged, according to the Summary of Opinions from its last meeting published Thursday. “The Bank needs to continue with the current yield curve control, considering the … Read more

Blizzard China: Millions of players lose access to ‘World of Warcraft’ and other games as it goes dark

Hong Kong CNN — Millions of players in China have lost access to the iconic “World of Warcraft” franchise and other popular video games, as Blizzard Entertainment’s servers in the country went offline after two decades. The company’s services in China were suspended at midnight local time on Tuesday, marking the end of an era … Read more

Australia PMI, Japan Jibun Flash PMI, Lunar New Year holidays

New Zealand’s Auckland airport passenger volumes hit 74% of pre-pandemic levels in November New Zealand’s Auckland Airport saw its total passenger volumes for November reach 74% of levels seen in the financial year to June 2019, or the last full-year not impacted by the pandemic, according to the airport’s monthly traffic update. International passengers were … Read more

Report, CIOSEA News, ETCIO SEA

Spending on cloud services in Asia Pacific was down sharply in the fourth quarter, buffeted by the troubled tech sector in Chinaaccording to the latest state-of-the-industry report from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The Asia Pacific ISG Index™, which measures commercial outsourcing contracts with annual contract … Read more

Japan wholesales price, bitcoin, China Covid, US inflation

Japan wholesale prices rise faster than expectations Japan’s producer prices, or wholesale prices, rose 10.2% in December compared with a year ago, according to official date. That was higher than a rise of 9.5% expected by economists polled by Reuters and marked the third consecutive rise in monthly readings. The nation’s producer prices rose 0.5% … Read more

Evaluating the China effect

Chinese tourists arrive at Suvarnabhumi airport. Thai travel agents expect high spending from Chinese tourists in Thailand in the near term, as there is pent-up demand from that segment. (Photo: Varuth Hirunyatheb) One-third of the world economy may slide into a recession this year, but the outlook for China remains more murky. The gloomy economic … Read more

Researchers claim method to break encryption using existing quantum computer

A group of Chinese researchers have claimed to be able to break a widely used encryption scheme with a quantum computer that already exists, creating a possible boon for surveillance and a crisis for data protection. The two dozen researchers from seven research institutions in China authored on paper describing a method using a 372-qubit … Read more