Asia Daily Update: Top Stories from 3 December

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Here’s your Asia Daily Update with notable developments from across the region as December continues.

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🇨🇳 China Emphasises Domestic Demand to Support Growth

Chinese policymakers highlighted the importance of boosting domestic demand, signalling continued support for consumers and small businesses amid a challenging global environment.
Source: Reuters

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🇯🇵 Japan Wage Talks in Focus Ahead of Policy Shifts

Attention turned to upcoming wage negotiations in Japan, seen as a key factor in shaping future monetary policy and sustaining inflation momentum.
Source: Reuters

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🇮🇳 India Sees Strong Festival-Season Consumption

India reported strong consumption during the festival season, offering support to retail and services sectors despite lingering inflation concerns.
Source: BBC

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🇸🇬 Singapore Flags Risks from Global Trade Slowdown

Singapore warned of risks from a global trade slowdown but maintained that its diversified economy and financial sector remain resilient.
Source: AP News

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That’s the Asia Daily Update for 3 December.
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Created with a little AI help — all stories are drawn from reliable sources including Reuters, AP News, BBC, and Al Jazeera.