Bloomberg Hong Kong’s jobless rate rose for a third month in December, as the city’s consumption and tourism-related industries remained weak amid the city’s protest-driven recession. The unemployment rate rose to 3.3% for the October to December period, the highest since March 2017. The run of three straight months is the worst spate of increases for the measure since it ...

Bloomberg This was the first time Japanese prime minister Shinzo Abe didn’t even mention the word “deflation” in his annual start-of-the-legislative-session speech to lawmakers, an omission that may help cement a view the Bank of Japan (BOJ) is now under less pressure to meet its elusive price target. In his 41-minute speech on Monday, Abe talked up the upcoming Tokyo ...

Bloomberg Samsung Electronics Co has appointed Taemoon Roh the head of its smartphone division, tasking a veteran executive with oversight of the world’s largest mobile devices business. Roh, who was formerly the unit’s No. 2 executive, was expected to take over the top job from Koh Dong-Jin from from Monday. Koh remains head of the Korean conglomerate’s IT and mobile ...