Shanghai / AFP China’s key economic indicators moderated in April from the previous month, official figures showed on Saturday, raising worries over the strength of a rebound in the world’s second-largest economy. Industrial output rose 6.0 percent year-on-year in April, the National Bureau of Statistics said, down from a 6.8 percent jump in March. Economists had estimated a 6.5 ...

  Tokyo / AFP Japanese Prime Minister Shinzo Abe plans to postpone a sales tax hike a second time, judging that boosting the tariff could hurt the world’s third-largest economy, a newspaper said on Saturday. Abe has already informed senior government officials he plans delay the consumption tax hike, scheduled for next April; that would raise levy from eight to ...

  Jakarta / WAM Bank Indonesia reported the country’s current account deficit narrowed to US$4.7 billion or 2.1 percent of its gross domestic products (GDP) in the first quarter of this year from US$5.1 billion or 2.4 percent of the GDP in the previous three months period. The central bank attributed the improvement in current account performance to growing surplus ...