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The yen climbed on Monday on news that the Japanese government is set to revise a joint statement with the Bank of Japan (BOJ) over the latter’s inflation target, potentially paving the way for a tweak in the BOJ’s ultra-loose monetary policy. The yen was last 0.6% stronger at 135.91 …

China’s business confidence hit its lowest since at least January 2013, a survey by World Economics showed on Monday, reflecting the impact of surging COVID-19 cases on economic activity and hinting at possible recession next year. The index fell to 48.1 in December from 51.8 in November, showed World Economics’ …

Occupants of four public apartment blocks in Hai Phong City have seen their rents increased by seven to 10 times but authorities have promised a rollback. They announced the increases on December 1, saying it was to recoup the construction costs of the buildings in Ngo Quyen and Le Chan …