China’s annual consumer inflation reached 0.1% in June, slightly above market expectations of a 0.1% decline, according to data released Wednesday by the National Bureau of Statistics.
This marks an increase from May’s figure of -0.1%, as the country focuses on boosting domestic demand and benefits from a rebound in industrial consumer goods prices, Xinhua reported.
The core consumer price index, which excludes food and energy, rose 0.7% year-on-year in June, an increase of 0.1 percentage points compared to May.
On a monthly basis, consumer prices slipped by 0.1%.
Meanwhile, producer prices fell 3.6% year-on-year in June.
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Hong Kong Police said that the death toll of people killed in the Wang Fuk apartment fire has risen to 151 while giving an update on their investigation into the incident on Monday.
Lithuania’s Vilnius airport temporarily halted operations due to suspected balloons in its airspace, the airport said on Sunday, marking the latest in a series of flight disruptions in the Baltic nation.
U.S. President Donald Trump confirmed on Sunday that he had spoken with Venezuelan President Nicolas Maduro, but did not provide details on what the two leaders discussed.
Kazakhstan has called on Ukraine to stop striking the Black Sea terminal of the Caspian Pipeline Consortium (CPC) after a major drone attack forced a halt to exports and caused serious damage to loading equipment.
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U.S. and Ukrainian officials held what both sides called productive talks on Sunday about a Russia peace deal, with Secretary of State Marco Rubio expressing optimism about progress despite challenges.
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Mainland China and Hong Kong equities slipped on Tuesday, Reuters reported, as investors grew cautious ahead of delayed U.S. economic data expected to clarify the Federal Reserve’s policy outlook.
A federal jury in California ruled on Friday that Apple must pay $634 million to Masimo, a medical-monitoring technology company, for infringing a patent related to blood-oxygen reading technology.
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