News Snapshot:
BANGKOK ( Associated Press) – Shares in Asia fell after China reported Monday That its economy expanded at a 4.8% annual pace in January-March. Benchmarks fell in Tokyo, Seoul and Shanghai. Hong Kong and Sydney were closed for the holidays. Oil prices edged higher and US futures declined. Wall Street benchmarks fell last week before closing for the Easter holiday. China’s growth rate for 2022 has fallen well below the official target of 5.5%. In quarterly terms, the economy grew by 1.3% in the first quarter, as against 1.4% in the last quarter of 2021. Authorities have ordered closures in...
