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Japanese stocks surged and markets across Asia started strong on Friday

Asian Markets Surge On Strong US Consumer Data

Japanese stocks surged and markets across Asia started strong on Friday, tracking substantial gains on Wall Street after encouraging US retail sales data reassured investors about the health of the world's biggest economy.
Mpox cases in Africa have shot up this year

Mpox Kills 548 In DR Congo, Case Recorded In Sweden

The Democratic Republic of Congo said Thursday an mpox outbreak has killed 548 people there this year, as the first case outside Africa of the virus's more dangerous variant was recorded in a traveller in Sweden.
Industrial production growth weakened in July

China's Underwhelming Data Dampens Hope Of Economic Recovery

Chinese industrial production growth slowed in July while unemployment rose, official data showed Thursday, highlighting an uneven recovery in the world's second-largest economy despite recent government measures to try to stimulate expansion.
The megaquake warning led some Japanese stores to put up signs rationing the supply of essential goods after a spate of panic buying

Japan Set To Lift 'Megaquake' Warning

Japan was set on Thursday to lift a week-old warning that a "megaquake" potentially causing colossal damage and loss of life could strike, the government said.
Consumer spending in China rose in July but was outpaced by manufacturing

Asian Stocks Follow Wall Street Climb

Asian markets mostly mirrored positive strides on Wall Street in early trade Thursday, as easing US consumer inflation buoyed hopes that a big interest rate cut was around the corner and economic growth in Japan outpaced expectations.
World Health Organization chief Tedros Adhanom Ghebreyesus, seen in April 2023, said the growing mpox outbreak 'should concern us all'

WHO Declares Mpox A Global Health Emergency

The World Health Organization on Wednesday declared the mpox surge in Africa was now a global public health emergency, sounding its highest possible alarm over the worsening situation.

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