Consumption doldrums see hairy crab prices down in China on eve of ‘golden week’ holiday

Consumption doldrums see hairy crab prices down in China on eve of ‘golden week’ holiday

As China’s National Day holiday approaches, prices of hairy crabs, one of the most popular seasonal gifts at this time of the year, are down markedly as the first batches are delivered to markets across the country. Industry insiders predict that prices will fall further, citing higher production, shrinking gift-giving demand and weak household spending….

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Asia-Pacific markets mostly fall as Trump fires Fed Governor Lisa Cook

Nikkei 225, Kospi, Bank of Japan

People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Japan’s benchmark Nikkei 225 index pared gains to fall 0.59% Friday, after the Bank of Japan kept its policy rate steady at 0.5%, in line with the forecast from a Reuters poll of economists. The benchmark index had hit a fresh record…

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