China’s factory-gate inflation eased to its slowest pace in six months and consumer price growth also softened in January amid weakening property sector demand, new coronavirus curbs and government efforts to rein in surging materials costs.

Asian markets rebounded Wednesday and Europe extended gains on hopes that Russia will not invade Ukraine after Moscow said some of its troops on the countries’ border had started pulling back.

US wholesale prices jumped more than expected last month, according to a government report Tuesday, an indication the inflation wave continues to hit all corners of the world’s largest economy.

UK annual inflation has hit the highest level since 1992, data showed Wednesday, adding pressure to the cost of living and on the Bank of England to keep raising rates.

Confidence among investors in Germany grew in February, according to figures published Tuesday, in spite of rising tensions with Russia over Ukraine and lingering supply chain issues.

Japan’s economy rebounded in the final three months of 2021 as falling coronavirus cases helped prop up consumption, though rising raw material costs and a spike in new Omicron variant infections cloud the outlook.

Delays in dealing with the growing debt burden in poor countries seems unlikely to be resolved by the G20, a top World Bank official warned.

The Federal Reserve needs to accelerate the pace of interest rate increases to fight inflation, but can do so in a way that doesn’t roil financial markets, St. Louis Fed President James Bullard said Monday.

The UK’s unemployment rate remained steady at the end of last year despite the emergence of the Omicron variant of the coronavirus, official data showed on Tuesday.

India has blocked access to 54 mobile apps, mainly Chinese but also including Singapore-based Sea Ltd’s Free Fire game, over security concerns, government sources said on Tuesday, a day after Sea shares sank 18 per cent on a report of the ban.

Japan and its private sector can play a pivotal role in bringing in investment to Bangladesh and help the country tap opportunities in the time of the fourth industrial revolution, said speakers yesterday.

Boeing Co is confident of working through any potential disruption in titanium supplies due to its “very diverse” supply base, a senior executive at the US manufacturer said on Monday.

Asia’s biggest airshow takes place in Singapore this week with the aviation sector hoping 2022 marks a turning point in a region where tough curbs have left coronavirus-battered airlines struggling to recover.

Vietnamese factories making everything from shoes to smartphones are expected to continue production despite record Covid-19 infections, reversing a policy of sweeping lockdowns last year that hobbled global supply chains for Western retailers.

A $27-billion deal between France’s Total and Iraq, that Baghdad hoped would reverse the exit of oil majors from the country, has stalled amid disputes over terms and risks being scrapped by the country’s new government.

The United Arab Emirates and Indonesia are close to finalising a trade and investment deal after months of negotiations and could sign an agreement in March, officials from the two sides said.

Japan beer giant Kirin became on Monday the latest foreign company to announce it was leaving Myanmar in the wake of a coup last year and a military crackdown on dissent.

India’s central bank is committed to its inflation mandate and the likely uptick in January inflation towards the upper end of its target band should not create any panic, central bank chief Shaktikanta Das said on Monday.

Oil prices were steady on Monday in seesaw trading, after hitting their highest in more than seven years on fears that a possible invasion of Ukraine by Russia could trigger US and European sanctions that would disrupt exports from one of the world’s top producers.

Apollo Global Management will invest $1.4 billion in Abu Dhabi developer Aldar Properties , including a land joint venture and an equity investment in the company’s real estate unit, the pair said on Monday.