Keyword "Asia Economy" - List of latest news (1 447 results)

07:07 Singapore inflation stays at 4-year lows as city-state prepares for election

Headline inflation rate was unchanged from last month at 0.9%, while core inflation fell to 0.5% from 0.6%.

03:46 IMF cuts 2025 growth forecast for major Asian economies, warns of global slowdown on trade worries

On a global basis, growth was lowered from 3.3% to 2.8% for the whole of 2025, with the IMF saying that tariffs were "a major negative shock to growth."

22/04 India's Modi and U.S. Vice President Vance optimistic on New Delhi-Washington trade deal

Modi's office said the two leaders "welcomed the significant progress in the negotiations for a mutually beneficial India-U.S. Bilateral Trade Agreement."

22/04 U.S. finalizes tariffs on Southeast Asian solar imports

The tariffs target major Chinese firms like Jinko Solar and Trina Solar, and go as high as 3,500%.

21/04 South Korea finds 'Made in Korea' breaches intended to bypass U.S. tariffs

South Korea has found increased attempts to disguise foreign products as Korean exports, primarily from China, to avoid tariffs.

21/04 China keeps key lending rates steady in bid to shore up yuan as Trump tariffs pressure currency

The decision comes amid encouraging first quarter growth figures, with GDP recording a 5.4% rise year-on-year.

19/04 This fund is designed to help investors withstand wild market swings

Katie Stockton manages the Fairlead Tactical Sector ETF, which can allocate and reallocate resources during volatility rather than being tied to an index.

18/04 Japan markets trade flat as investors parse key inflation data

Japan's inflation grew 3.6% year on year in March, marking three straight years that the headline inflation figure is above the Bank of Japan's 2% target.

18/04 Japan inflation comes in at 3.6%, surpasses BOJ target for three straight years

Japan's inflation grew 3.6% year on year in March, marking three straight years that the headline inflation figure is above the Bank of Japan's 2% target.

17/04 TSMC denies it's talking to Intel about chipmaking joint venture

TSMC denied reports that the semiconductor giant was in active discussions with Intel regarding a chipmaking joint venture.

17/04 South Korea holds rates as it grapples with U.S. tariffs, prepares for snap election

This was in line with a Reuters poll of economists that forecast the bank to keep rates unchanged.

17/04 Japan exports growth misses expectations, rising by a modest 3.9% in March as tariffs bite

The growth missed expectations of a 4.5% rise from economists polled by Reuters, and was lower than the 11.4% jump in February.

16/04 Tokyo has 'many cards' to play in U.S. tariff negotiations, says Japanese economic advisor

He pointed out that Japan has been the biggest foreign investor in the U.S. and the largest holder of U.S. Treasury bonds.

16/04 China replaces top trade negotiating official as talks with Washington stall

16/04 China's first-quarter GDP tops estimates at 5.4% as growth momentum continues amid tariff worries

Several investment banks have moved to slash China's growth forecasts this year, with most doubting Beijing can achieve the official target of "around 5%" this year.

15/04 South Korea announces over $23 billion for chip sector as Trump tariffs on semiconductor imports loom

The 33 billion won figure was about a quarter more than the 26 trillion committed last year.

14/04 Singapore eases monetary policy for a second time; slashes forecast after growth misses estimates

This comes as the MAS had previously eased its policy stance back in its January meeting, the first time since 2020.

12/04 How China used Vietnam to evade higher U.S. tariffs

Vietnam, the 6th largest source of U.S. imports, is caught in the middle of an escalating trade war between the United States and China.

11/04 China strikes back with 125% tariffs on U.S. goods, starting April 12

10/04 A global commodity sell-off is flashing warning signals for the world economy

"The collapse in commodities [prices] is a circuit breaker, a sign that a global recession is afoot," says Marko Papic of BCA Research.

09/04 China says it will continue to take 'resolute and forceful' countermeasures as U.S. tariffs kick in

China's foreign ministry reiterated Wednesday that it will take "resolute and forceful" measures to protect its own interests.

09/04 Businesses face a sobering reality: Under Trump's tariff plan, weaning off China won't be easy

Donald Trump's move to impose tariffs on goods from around the world is leaving companies scrambling to decide where and how their goods are produced.

09/04 India's central bank cuts policy rate by 25 basis points to 6% to boost slowing growth

08/04 Cambodia hit with highest Trump tariff, but manufacturing 'absolutely not' coming back to U.S., trade group says

Retailers rely on Cambodian factories, which were just hit with a 49% tariff rate by Trump. A trade group says that manufacturing will not return to the U.S.

08/04 Vietnam has been a big beneficiary of global trade — Trump's new tariffs threaten to derail that

Trump's aggressive tariffs are threatening to derail Vietnam's ambitious growth target as diplomatic overtures to Washington are unlikely to shift policy.

08/04 'Big Short' investor Steve Eisman on tariff turmoil: Don't be a hero

Steve Eisman warns Wall Street isn't done discounting worst-case scenarios tied to the Trump's tariffs. But he doesn't see another financial crisis.

07/04 Bond yields tank around the world as investors take cover amid equity rout

Bonds are acting as a safe haven amid wider market turmoil — though the rally may not prove sustainable.

07/04 Japanese yen and Swiss franc top hedges against Trump tariffs, according to analysts

Investors are flocking to safe haven assets, with some investors looking at the Japanese yen, gold, bonds and "exotic" assets.

07/04 Myanmar's fatal quake deepens political turmoil with no path to peace, experts say

The deadly earthquake has jolted a nation devastated by a brutal civil war that displaced millions and decimated its economy.

05/04 China says 'market has spoken' after Trump tariffs spark global stocks rout

China's Foreign Ministry on Saturday said "the market has spoken" following the U.S. imposition of sweeping new tariffs.

04/04 AI could affect 40% of jobs and widen inequality between nations, UN warns

Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology's benefits remain highly concentrated, UNCTAD says.

04/04 Emirates brings insane first class to Australia

Emirates has debuted a retrofitted aircraft in Australia for the first time, which means passengers down under can now book the airline’s ‘First Class Game Changer’ suites on flights in and out of one Aussie city.

04/04 South Korea's Constitutional Court upholds impeachment of President Yoon, ousting him from office

This starts a 60-day countdown where an election must be held to select the next president.

03/04 Here's where Apple makes its products — and how Trump's tariffs could have an impact

China still accounts for the majority of Apple iPhone production, but the tech giant has sought to ramp up manufacturing in places like India and Vietnam.

03/04 China urges U.S. to 'immediately' cancel reciprocal tariffs, vows counter-measures

U.S. President Donald Trump unveiled a 10% baseline tariffs on most imported goods from global trading partners.

02/04 Trump's tariff ambiguity leaves gadget makers in limbo: 'I'm going to run out of appliances'

Consumer electronics companies reliant on manufacturing operations in China, Mexico and Canada are reeling from the uncertainty surrounding Trump's tariffs.

01/04 Australia central bank says it's cautious about inflation outlook as it keeps rates steady at 4.1%

The move was also in line with expectations from economists, and comes as Australia's government is in caretaker mode.

01/04 Trump tariffs jolt Asian automakers — Toyota likely set for most pain

U.S. President Donald Trump last Wednesday announced sweeping 25% tariffs on cars "not made in the U.S.," sending shockwaves through global automakers.

31/03 Japan's parliament passes budget day before new fiscal year starts

Japan's parliament passed the budget for fiscal 2025 on Monday, the day before the new financial year starts.

31/03 China's factory activity expands at fastest pace in a year, official survey shows

Chinese policymakers pledged to step up stimulus push to achieve a growth target of "around 5%" this year and cushion the impact of an escalating trade war.

31/03 South Korea ends its longest short-selling ban in history after systemic reforms

Monday marks the end of Korea's longest short selling ban, which was enforced in November 2023 after a series of naked short selling breaches.

28/03 Asian auto stocks extend declines as Trump tariffs on car imports dent sentiment

Shares of Asia's automakers extended declines for a second day as investors continue to parse Donald Trump's tariffs on cars not made in the country.

28/03 Australia PM calls general election for May 3 amid cost of living crisis, tariff worries

Cost-of-living pressure has been on a rise since Albanese came to office, despite a plethora of measures aimed at easing households' living costs.

27/03 Japan and Brazil vow to bolster strategic ties as security and trade worries rise

The framework for defense exchanges between Japan and Brazil will include discussions on bilateral cooperation in defense equipment and technology.

27/03 Shares of Asia's automakers fall after Trump's 25% tariffs on autos

Shares of Asia's automakers fell after U.S. President Donald Trump announced he will impose tariffs on cars not made in the country.

27/03 China’s industrial profits drop 0.3% at start of the year as tariff risks loom

Profits at industrial firms have declined for three consecutive years, reinforcing calls for policymakers to step up support for the faltering economy.

26/03 U.S. blacklists over 50 Chinese companies in bid to curb Beijing's AI, chip capabilities

The export restrictions come at a time when tensions between Washington and Beijing have been rising with the Trump administration ratcheting up tariffs against China.

26/03 Thailand prime minister survives no-confidence vote in parliament

The prime minister won the backing of 319 of 488 lawmakers present, according to Reuters.

25/03 Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion

China's BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.

24/03 Singapore inflation hits four-year low, below average MAS forecast for 2025

The Monetary Authority of Singapore forecast headline inflation to average 1.5%–2.5% in 2025, compared to 2.4% in 2024.

24/03 South Korea's Constitutional Court strikes down Prime Minister Han Duck-soo's impeachment

Han's impeachment was dismissed in a 5-1 vote by the court's eight justices, while two justices rejected the motion entirely, according to local media.

21/03 China’s bond yields are rising — but economists say deflation worries could soon pull them lower

Chinese commercial banks across the country have rushed to dole out cheaper consumption loans, heeding Beijing's call to bolster spending.

21/03 Japan core inflation rose 3% in February, bolstering expectations of interest rate hikes

Japan's core inflation beat expectations and came in at 3% in February, government data showed on Friday, bolstering the case for further interest rate hikes.

20/03 Foreign visitors have been driving Japan’s economy. A stronger yen could reverse that trend

Foreign tourists have had an outzised impact on Japan's economic growth. However, their influence could start to wane as the yen strengthens, analysts said.

20/03 China's central bank follows U.S. Fed in keeping rates steady as tariff threats pressure yuan

Chinese top officials have pledged to ramp up monetary easing measures, including interest rate cuts "at appropriate times."

20/03 SoftBank to acquire chip designer Ampere in $6.5 billion deal

SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion.

19/03 Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook

The BOJ's decision comes just ahead of the U.S. Federal Reserve's policy meeting, where the central bank is expected to keep its benchmark interest rate steady.

18/03 BYD's shares rally after rolling out new technology it claims charges EVs in five minutes

Meanwhile, Germany’s Mercedes-Benz Group said last week that its all-electric CLA will be able to recharge just over 200 miles within 10 minutes.

18/03 Baidu, once China’s generative AI leader, is battling to regain its position

Baidu has released two new open-source AI models, including a reasoning model, as it vies to regain a leading position in China’s AI space.

18/03 Singapore is more expensive than regional peers. So it's using a different playbook to attract visitors

Singapore is one of the most expensive cities in the world, so it's using world-class attractions, business conferences and live events to attract visitors.

17/03 Ferrari car buyers are getting younger. CEO says 40% of new clients are now under 40

Ferraris are becoming increasingly popular among younger buyers, with the CEO of the luxury automaker revealing that 40% of new buyers are under the age of 40.

17/03 China announces plan to 'vigorously boost consumption' in bid to shore up economy

The plan was to vigorously boost consumption, expand domestic demand, and "enhance consumption capacity by increasing income and reducing burdens."

16/03 Treasury Secretary Bessent says White House is heading off a 'guaranteed' financial crisis

Bessent believes market pullbacks are benign, and Trump's pro-business policies will boost the economy in the long run.

16/03 Incredible capital city begging for more tourists getting new £1bn airport

Set to open its doors next year this amazing new airport will be the ninth largest airport globally.

15/03 South Korea asks US for tariff exemption, trade ministry says

South Korea's trade minister has asked his U.S. counterpart to exempt the country from reciprocal tariffs if they go into effect in April.

14/03 Oil, dollars, and debt: How safe is the Middle East from the global trade war?

The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region's economy.

13/03 'Volatility and conflict’: Business leaders sound warnings over Trump's tariffs

Ray Dalio warned of "fighting" between countries over tariffs, while Marc Benioff said reciprocity needs to be consistent or risk "volatility and conflict."

12/03 India's inflation rate dips to cooler-than-expected 3.61% in February, below central bank's target

The lower inflation reading could give the Reserve Bank of India room to cut rates and support its slowing economy.

12/03 Upskilling for the AI age is for 'every generation' — not just the young, says Singapore minister

"If we think that what they left school with is going to last them their entire working life, I think that's not realistic," says Josephine Teo.

12/03 French industrial giant Schneider Electric hails the significance of China’s ‘DeepSeek moment'

China's "DeepSeek moment" is likely to be good news in the global race to develop AI models, according to French power-equipment maker Schneider Electric.

12/03 TSMC pitched Intel foundry JV to Nvidia, AMD and Broadcom, sources say

TSMC has pitched U.S. chip designers Nvidia, AMD and Broadcom about taking stakes in a joint venture to operate Intel's factories, sources says.

12/03 Asia is a 'beacon of growth opportunities' as global trade war heats up, Singapore deputy PM says

Asia will remain a "beacon of growth opportunities" despite escalating global trade tensions, according to Singapore's Deputy Prime Minister Gan Kim Yong.

11/03 Japan revises fourth-quarter GDP lower, complicating BOJ's interest rate outlook

Japan's economic growth slowed to 2.2% on an annualized basis in the fourth quarter as the country grapples with tepid domestic demand.

10/03 China bond yields jump to three-month highs as investors pare rate cut expectations

Chinese government bond yields moved further away from January's historic lows amid optimism in the faltering economy and a stock market rally.

09/03 China's consumer inflation turns negative for the first time in 13 months

The data comes as investors continue to look for signs that Beijing's stimulus measures can help to boost the country's struggling economic recovery.

08/03 China to impose retaliatory tariffs on some Canadian products as trade war heats up

China on Saturday announced retaliatory tariffs on Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made EVs.

07/03 China's exports miss forecasts as U.S. tariffs hit, imports record sharpest decline since July 2023

Chinese exporters have been rushing to front-load outbound shipments on anticipation of more tariffs as U.S. President Donald Trump returned to the White House.

07/03 Social media chatter about Thailand pops 60% following ‘White Lotus’ premiere

The Emmy-winning HBO series is expected to draw a surge in travel interest to the Thai island of Koh Samui, the latest setting of the hit show.

06/03 South Korea's mint is grappling with a gold bar shortage as supply constraints bite

South Korea's state-run mint is grappling with a gold bar shortage amid robust demand for the precious metal.

06/03 U.S. eyes zero tariff on cars in India trade deal as Tesla entry nears, Reuters reports

The U.S. wants India to eliminate auto tariffs but India is reluctant to immediately bring down duties to zero even as it considers further cuts, sources say.

06/03 Japanese 10-year bond yields surge to near 16-year highs on rate-hike expectations, global sell-off

The 30-year bond also crossed the 2.5% mark for the first time since 2008.

05/03 China raises 2025 budget for grain stockpiling, targets higher domestic output

China on Wednesday raised its annual grain production target to around 700 million metric tons and expanded its agriculture stockpile budget.

05/03 K-pop stocks defy South Korea's political and economic woes — as well as Trump tariff threats

There is one sector that has offered hope to investors this year. One of South Korea's largest cultural exports: K-pop.

05/03 Reserve Bank of New Zealand's governor resigns after seven years of service

New Zealand central bank's Governor Adrian Orr has resigned after seven years and will complete service on March 31, according to an official statement.

05/03 Australia reports fourth-quarter GDP growth of 1.3%, supported by exports

The GDP growth beat expectations of 1.2% from economists polled by Reuters.

05/03 Chinese manufacturers scramble to mitigate tariff pain amid an escalating global trade war

As Washington-Beijing trade tensions flare, Chinese manufacturers are scrambling for ways to adjust their supply chains and head off the escalating tariffs.

04/03 China kicks off annual parliamentary meeting as investors watch for clues on economic policy

Thousands of delegates across the country gathered in Beijing for the country's biggest political event of the year, known as the "Two Sessions."

03/03 China’s factory activity growth hits 3-month high in February, as millions return to work after holidays

China has struggled to boost growth amid tepid domestic demand and a prolonged real estate downturn, leaving exports as a key driver of growth.

28/02 America's appetite for gold is 'sucking' bullion out of other countries

"Supply chains have been disrupted because of this huge sucking sound, which has been the United States," said World Gold Council's John Reade.

27/02 China likely to cut inflation outlook to two-decade low, lay out stimulus plans at 'Two Sessions' meeting

Beijing is expected to revise down its annual consumer price inflation target to around 2% — the lowest in more than two decades — from 3% or higher in prior years.

27/02 Seven & i shares plunge over 12% as management buyout falls through

The founding family had shown buyout interest in Seven & i after the company rejected a bid from Canadian convenience store operator Alimentation Couche-Tard in 2024.

26/02 Modi wants Tesla to build cars in India. Making the plan work may not be easy

Tesla is reportedly recruiting and scouting showroom locations in the country, following a meeting between Prime Minister Modi and Elon Musk earlier this month. 

26/02 Hong Kong government earmarks $128 million for new AI research institute and aims to cut public spending

It aims to cut public recurrent expenditure by 7% from now till 2027/2028 to tackle its rising deficit.

25/02 Bank of Korea cuts rates to lowest since August 2022 to boost sluggish growth

The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.

24/02 Singapore inflation climbs at the slowest rate since February 2021

Core inflation in the country rose by 0.8% year on year, down from December's 1.8% rise and below the 1.5% growth expected.

23/02 China announces rural revitalisation plans in annual policy blueprint

China will deepen its rural reforms as part of efforts to revitalize the agricultural sector and bolster food security, state media reported on Sunday.

21/02 Japan's inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members

Core inflation — which excludes prices of fresh food — rose to 3.2% from 3% in the prior month and beat economists' expectations of 3.1%, according to a Reuters poll.

20/02 Almost 90% of Japanese companies see Trump as bad for business, Reuters reports

Survey results show how tariffs and trade friction have clouded the economic outlook for companies in Japan, a firm U.S. ally.

20/02 China keeps benchmark lending rates steady as PBOC prioritizes financial stability

The PBOC has prioritized defending the yuan against the pressure for it to depreciate on anticipation of higher tariff rates.

19/02 Why President Trump is pursuing a 'sledgehammer' approach with tariffs and global trade deals

President Donald Trump's aggressive tariff plans covering many key economic allies and trading partners of the U.S. has support by the numbers.

19/02 Singapore likely to see 'limited' direct impact from U.S. tariffs: deputy prime minister

However, Gan Kim Yong said that the city-state "cannot underestimate" the effect of trade barriers in the longer term.

19/02 China deal-making ramps up after years of decline as domestic companies prepare for Trump tariffs

China is starting to see a rebound in M&As as government stimulus measures start to bear fruit and pressure from Donald Trump's tariffs drive consolidation.

19/02 New Zealand slashes rates for a fourth straight time in bid to boost a slowing economy

The move comes amid continued easing inflation and slowing growth in the country.

18/02 Singapore Budget 2025: More support for businesses and households to ease living costs

The country announced support measures for households and businesses, including vouchers and tax breaks, in its first budget under Prime Minister Lawrence Wong.

18/02 Australia's central bank cuts interest rate for the first time in more than four years

17/02 Japan's economy expands 0.7% in fourth quarter as exports rise sharply; full-year growth slows

On a year-on-year basis, Japan's economy grew 1.2% in the fourth quarter, compared with the 0.6% rise in the third quarter.

16/02 China's central bank governor says stable yuan key to global financial stability

People's Bank of China Governor Pan Gongsheng told a conference in Saudi Arabia that while most currencies have fallen against the dollar, the yuan has remained stable.

14/02 Singapore is set to deliver its first budget under its new prime minister. Here's what to expect

Lawrence Wong, who took the helm from Lee Hsien Loong, will deliver the budget on Feb. 18. The country is due for a general election by November.

14/02 U.S. and India aim to more than double bilateral trade to $500 billion in five years, Prime Minister Modi says

Trump said he would begin talks with India on disparities on trade and hoped to reach an agreement.

14/02 Singapore's GDP expands by 4.4% in 2024, fastest growth since 2021

For the fourth quarter, Singapore's GDP grew 5% year on year, higher than the 4.7% forecast by a Reuters poll.

13/02 Honda and Nissan end merger talks, say they will continue to 'collaborate'

The companies first announced merger talks last December to create the world's third-largest automaker by vehicle sales.

12/02 India's inflation cools to lower-than-expected 4.31% in January

This could clear the way for another rate cut by the Reserve Bank of India, which slashed rates from 6.5% to 6.25% after its monetary policy meeting on Feb. 7.

12/02 Japan requests US to exclude Japan from steel and aluminum tariffs

Japan industry minister Yoji Muto said on Wednesday the nation has requested that the United States exempt Japan from steel and aluminum tariffs.

11/02 Trump tariffs are 'punitive,' former U.S. ambassador to Singapore says, warning of U.S. job losses

Lavin said that "we're in for a bit of bad news in the near term," adding that the tariffs will also hurt the auto industry in the U.S.

11/02 Asian economies scramble to appease Trump as the U.S. president ratchets up tariff threats

Asian economies are striving to avert Trump tariffs as they have hefty trade surpluses with the U.S. and levy much higher duties on imports from the country.

10/02 Low expectations for China provide a big opportunity for returns, strategist says

"Corporate profitability is now at an historical low... any improvement can deliver very strong returns."

10/02 New Zealand has 'complementary' trade ties with the U.S., finance minister says, as Trump tariff threat looms

Finance Minister Nicola Willis says "New Zealand is distinguished in that we have a very balanced and complementary trade relationship with the United States."

09/02 China's consumer inflation at 5-month high, producer deflation persists

China's consumer inflation accelerated to its fastest in five months in January while producer price deflation persisted, reflecting mixed consumer spending and weak factory activity.

09/02 Japan PM Ishiba, after meeting Trump, voices optimism over averting tariffs

Japanese Prime Minister Shigeru Ishiba expressed optimism on Sunday that his country could avoid higher U.S. tariffs.

07/02 India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says

07/02 'Chilling effect': Here's what an Indonesian startup scandal means for the region's struggling scene

"This could have a chilling effect for, conservatively, 12 months, but probably longer," Justin Hall of Golden Gate Ventures says of the eFishery investigation.

07/02 Japan's household spending massively beats expectations, boosting case for further BOJ hikes

The 2.7% increase from a year ago, in real terms, sharply beat Reuters expectations of a 0.2% rise.

06/02 India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases

India is widely anticipated to cut its benchmark policy rate at the policy meeting concluding this Friday.

05/02 Nissan and Honda shares rise as report says automakers may call off merger talks

Honda and Nissan are considering calling off their merger talks, Japan's Asahi Shimbun reported on Wednesday citing several sources.

05/02 South Korea consumer inflation rose 2.2% in January, above market expectations

South Korea's consumer inflation quickened to a six-month high in January, government data showed on Wednesday, coming in higher than market expectations.

04/02 China to levy additional tariffs of up to 15% on select U.S. imports starting Feb. 10

04/02 Asia tech stocks rise after Trump pauses tariffs on China and Mexico

Gains were broad based across tech stocks in Japan, South Korea and Hong Kong.

03/02 Trump tariffs could create a new challenge for Chinese policymakers: A GDP growth rate below 5%

The additional 10% tariffs will be levied on top of a variety of 10% to 25% existing tariffs that Trump had imposed on Chinese goods during his first presidency.

03/02 South Korea has a big household debt problem. The country's unique rental system may be to blame

A particular metric that often, if not always comes up in the Bank of Korea's monetary policy decision is a consideration of the household debt.

03/02 China's January factory growth misses expectations ahead of U.S. tariffs, Caixin PMI shows

The tariffs came as China's economy has already been battling a grinding slowdown.

31/01 From jewelry to food waste, firms are 'shaking' things up with circular-economy shift

A growing number of sectors are focusing on operating as part of a "circular economy," aiming to waste less — and reap the financial benefits in the process.

30/01 Toyota sells 10.8 million vehicles in 2024 to remain world's top-selling automaker

The automaker, however, posted a 3.7% drop in global group unit sales last year, including those of compact car maker Daihatsu and truck unit Hino Motors.

30/01 India's finance minister faces a tough choice crafting the annual budget — boost growth or cut deficit?

This is the coalition government's first full-year budget after its assuming power in June.

30/01 Japan stocks flat at open after Wall Street declines overnight; most Asia markets closed for holiday

Australia is slated to release its data on its exports and imports for the fourth quarter later in the day.

29/01 Chinese travelers cancel Lunar New Year trips to Thailand over safety concerns

Fallout from the kidnapping of a Chinese actor who was rescued from a scamming compound along the Thai-Myanmar border has also affected other Southeast Asian countries.

29/01 Foreign investors are fleeing India's stock market — but analysts see long-term potential

The Nifty 50 and Sensex, India's benchmark stock indexes, are hovering at more than seven-month lows, firmly in correction territory since their September high.

29/01 Japan and Aussie stocks rise as Wall Street stages a sharp recovery; most Asia markets closed for holiday

Economists polled by Reuters expect Australia's inflation to rise 2.5% in the 12 months to the December quarter, from 2.8% in the previous year.

28/01 “Can your private bank do this?”: Fintech firms target Singapore’s wealthy with feature-rich apps

27/01 China PMI surprises as factory activity contracts in January; December industrial profits jump

The official purchasing managers' index for January came in at 49.1, data released by the National Bureau of Statistics on Monday showed.

24/01 CNBC Daily Open: Trump’s comments bump S&P 500 to new high

After Trump said he would “demand that interest rates drop immediately,” the 2-year Treasury yield edged lower and stocks ticked up.

24/01 Trump praises President Xi, says he looks forward to 'getting along with China'

During his campaign trail, Trump had floated imposing tariffs upward of 60% on Chinese goods.

24/01 Bank of Japan hikes policy rates by 25 basis points to highest since 2008

The move comes in line with expectations from CNBC's survey from Jan 15-20, which saw an overwhelming majority of economists predict a hike.

24/01 Singapore eases monetary policy for the first time since 2020, warns of growth slowdown

The Monetary Authority of Singapore said it will reduce slightly the slope of its exchange rate policy band.

24/01 Japan core inflation climbs to a 16-month high, boosting case for rate hikes

The Bank of Japan is expected to raise rates by 25 basis points later in the day as it concludes its monetary policy meeting.

23/01 South Korea fourth-quarter GDP grows at its slowest pace in six quarters, missing expectations

The country's GDP grew 1.2% year-on-year, missing expectations of 1.4% from economists

21/01 Bank of Japan is expected to hike rates this week, CNBC survey shows

Out of 19 economists, 18 agreed on prospects of a rate hike, with most pointing to a recent change in tone of the BOJ leadership as driving their expectations.

20/01 A weakening yuan is testing Beijing's resolve as Trump's return fuels tariff worries

The question of how far and quickly the yuan will fall depends on Beijing's resolve in countering Donald Trump's tariffs with stimulus measures.

20/01 China keeps benchmark lending rates unchanged as it contends with a weakening yuan

Beijing contends with a weakening yuan while awaiting policy clues from the incoming Donald Trump's administration.

18/01 India likely to cut disinvestment goal by 40% for FY25, Economic Times reports

India will likely cut its disinvestment and asset monetization target by 40% for 2024-25 in the federal budget, The Economic Times reported on Saturday.

17/01 India is staring at an 'oil shock' as U.S. sanctions on Russian crude loom

India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia's oil industry. 

17/01 China's shipbuilding dominance hurts U.S. and is 'actionable,' says U.S. trade representative

USTR finds China's targeted dominance of the global shipbuilding, maritime and logistics sectors "actionable" under U.S. trade law.

17/01 China's annual GDP growth meets market and government estimates at 5% as stimulus measures kick in

China’s economy expanded by 5% year on year in 2024, with an upswing in the final quarter, as a flurry of stimulus measures kicked in and helped meet Beijing’s growth target.

16/01 TSMC fourth-quarter results top expectations, net profit surges 57% on robust AI chip demand

TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.

16/01 Bank of Korea leaves rates unchanged at 3% in a surprise move

This is the lowest the BOK's rate has been since August 2022.

15/01 10-year Treasury yield dips ahead of consumer inflation report

Treasury yields were slightly lower Wednesday morning ahead of the consumer price index release.

14/01 New Zealand won't 'get rich' by focusing trade in the South Pacific alone, PM says

New Zealand is the latest country to sign an economic partnership with the United Arab Emirates.

14/01 Treasury yields slip ahead of key inflation reports

U.S. Treasury yields pulled back early Tuesday ahead of two key inflation prints.

14/01 BOJ deputy governor flags chance of rate hike next week

The Bank of Japan will debate whether to raise interest rates next week based on its new quarterly growth and inflation forecasts, says Deputy Governor Himino.

13/01 10-year Treasury yield rises ahead of inflation prints

U.S. Treasury yields leapt last week after December's jobs report came in stronger than expected.

13/01 India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.

13/01 China's imports post surprise growth in December, exports also beat expectations

Economists are expecting trade to make a notable boost to China's economic growth last year when the figures are released later this week.

10/01 10-year Treasury yield hovers close to highest level since April as investors await key jobs data

U.S. Treasury yields hovered close to its highest level since April on Friday, as investors anxiously awaited the release of key jobs data.

10/01 Why China's central bank has stopped bond purchases

The bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that's put unwanted downward pressure on the yuan, analysts say.

10/01 Chinese lenders have a massive challenge: They can't lend enough

Chinese onshore banks and funds have flocked to government bonds amid a gloomy economic outlook as hopes for meaningful policy push fade.

09/01 Asia's central banks face a formidable challenge: An ascendant U.S. dollar

A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.

09/01 China's consumer inflation slows further in December, stoking deflation worries

China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.

08/01 Indian stocks will benefit from the Trump 2.0 era, portfolio manager says

Investors eyeing up firms with the potential to become the "blue chip companies of the future" should look to India, according to investor Kunal Desai.

03/01 Asia-Pacific markets open higher as Wall Street extends declines to 2025

Economic data on tap appeared thin on Friday, while investors in Asia will continue to assess the political uncertainty in South Korea.

02/01 Trump tariffs pose a greater threat to South Korea’s economy than domestic political chaos, BOK official suggests

The South Korean economy has to grapple with internal political turmoil and the threat of tariffs by U.S. President-elect Donald Trump in 2025.

02/01 Singapore economy grew 4.0% in 2024, advance estimate shows

Singapore's economy grew 4.0% in 2024, accelerating from 1.1% growth in 2023, preliminary government data showed on Thursday.

02/01 Australia stocks open higher as Asian markets resume trading after New Year's Day holiday

Traders in Asia will also look toward Singapore's fourth-quarter gross domestic product and China's Caixin manufacturing PMI in December.

01/01 The old residence of the richest man in Yunnan a hundred years ago was once as luxurious as the Qiao Family Courtyard, but now no one cares about it

A hundred years ago, the old residence of the richest man in Yunnan was once as luxurious as the Qiao family compound, but now no one cares about it. In the past, there were four major families in Dali, Yunnan: "Yan, Dong, Yin, and Yang". The reason why they are called the four major families is because This is mainly because of its strong economic strength and it could be called a rich man more t

01/01 South Korea export growth rebounds in December, but risks loom

31/12 China's factory activity growth misses expectations as experts decry insufficient stimulus measures

China's factory activity expanded for a third straight month in December, although missing Reuters' expectations.

31/12 Australia market opens lower as investors in Asia await China manufacturing data

Asia-Pacific markets are set to open lower on the last day of the year, tracking a day of losses in Wall Street.

30/12 South Korea stocks fall after downbeat industrial data, worsening political turmoil and Jeju Air crash

Asia-Pacific markets opened lower on the penultimate trading day of this year, after Wall Street declined on Friday.

27/12 A pickup in the global economy should get Linde back to its winning ways in 2025

Linde needs a stronger global economy to return to its beat-and-raise cadence.

27/12 Japan's cabinet approves record $730 billion budget for next fiscal year

Japan's cabinet approved a record $730 billion budget for the next fiscal year, with bond issuance at a 17-year low due to record tax revenue.

27/12 China's industrial profits extend decline to a fourth straight month, dropping 7.3% in November

China's industrial profits extended their decline to a fourth straight month, dropping 7.3% in November from a year earlier.

27/12 Asia markets set to open higher as investors await China's industrial profit, Tokyo inflation data

Asia-Pacific markets are set to open higher, as some markets return from the Boxing Day holiday and investors eye a slew of economic data in the region.

26/12 India's former PM Manmohan Singh dies aged 92

Manmohan Singh was an economist-turned-politician who also served as the governor of the central bank.

26/12 World Bank raises China's GDP forecast for 2024, 2025

The World Bank raised its 2024-2025 growth forecasts for China but warned of challenges from weak confidence and property sector headwinds.

26/12 Japan's budget to hit record, but with reduced new bond issuance, Reuters reports

Japan plans a record $735 billion budget for the fiscal year starting April, driven by rising social security and debt-servicing costs, Reuters reports.

26/12 Asia-Pacific stocks set to open higher; several markets closed for Boxing Day holiday

Asia-Pacific markets are set to open higher Thursday, with several markets closed for Boxing Day.

26/12 Asia’s year in review: Who had it good — and who had it bad — in 2024

As the region awaits the return of Donald Trump to the White House and to a possible tumultuous Year of the Snake in the lunar calendar, we take a look at the year that was.

24/12 Nissan could face cost-cutting 'carnage' in Honda merger, Carlos Ghosn says

Speculation about a potential Honda and Nissan merger began earlier this month, and the two companies confirmed the official start of talks Monday.

24/12 Honda shares set for best day in more than 16 years on share buyback plan, Nissan deal

Shares of Japanese automaker Honda surged over 15% following its announcement to buy back up to 1.1 trillion yen ($7 billion) of its shares.

24/12 Asia-Pacific markets open higher after Wall Street gains on tech strength

Traders will monitor any developments related to the planned merger of Japanese automakers Nissan and Honda.

23/12 Taiwan leads Asian stocks higher in 2024 — but Trump tariffs, China economy cloud region's outlook

Taiwan's markets were Asia's best performing market throughout 2024, while South Korea was the worst.

23/12 Honda and Nissan officially begin merger talks to create world’s third-largest automaker

Both companies are grappling with intense global competition in the electric vehicle market from the likes of Tesla and China’s BYD.

23/12 Euro edges down, dollar hovers around two-year high

The dollar held steady Monday, sitting near a 2-year high.

23/12 Asia markets begin Christmas week higher; Nissan-Honda merger deal in focus

Investors will be looking out for any official announcement related to the merger of Japanese automakers Honda Motor and Nissan Motor.

20/12 An inflation gauge tracked by the Bank of Japan just jumped to a seven-month high

The "core-core" inflation rate, which strips out prices of both fresh food and energy and is tracked by the BOJ, rose to 2.4% from 2.3%, a seven-month high

20/12 China keeps benchmark lending rates steady as Fed signals fewer cuts ahead

China's one-year loan prime rate remained unchanged at 3.1%, with the five-year LPR at 3.6%.

19/12 Bank of Japan holds rates at 0.25%, yen weakens

The decision comes a day after the U.S. Federal Reserve cut rates by 25 basis points, bringing the federal funds rate to 4.25%-4.5%.

18/12 Here's what a blockbuster Nissan-Honda merger could mean for the auto industry

The prospective tie-up could create the world’s third-largest auto group by vehicle sales, with 8 million sales annually, according to Citi.

18/12 Hong Kong records first rise in new listings since 2020, as Beijing's policy pivot refuels optimism

Beijing's stimulus package has refueled companies' interest in raising capital in Hong Kong and lured back some foreign capital funds, experts said.

18/12 Oil prices little changed ahead of Fed rate decision

Oil prices traded in a narrow range early on Wednesday as investors remained cautious ahead of an expected interest rate cut by the U.S. Federal Reserve.

18/12 Kioxia shares climb slightly on debut in Tokyo after $800 million IPO

The company had raised 120 billion yen in its IPO, exercising a overallotment option. Shares were priced at 1,455 yen apiece.

17/12 Indonesia's protectionist policies aimed at attracting tech investment may backfire, economists warn

"I call it pseudo-protectionism," said Bhima Yudhistira, executive director of the Center of Economic and Law Studies.

16/12 Bank of Japan expected to keep rates on hold this week — CNBC survey

The central bank is expected to keep interest rates on hold this week, awaiting clarity on domestic trends and U.S. policy under Trump, a CNBC survey finds.

16/12 China's November retail sales miss expectations as economic woes deepen

The latest economic data out of China underscores persisting deflationary pressures in the flagging economy.

16/12 South Korea markets rise early Monday after President Yoon's impeachment

Both indexes had rebounded strongly last week after initially falling after the martial law flip-flop and failed first impeachment vote.

13/12 China says Philippines has 'provoked trouble' in South China Sea with U.S. backing

China has accused the Philippines of having "provoked trouble" in the South China Sea with U.S. backing, following a new confrontation in the disputed waters.

12/12 China stresses plans to boost growth at top agenda-setting meeting

The annual economic work conference followed a high-level Monday meeting of the Politburo, the ruling Communist Party's top decision-making body.

12/12 India's inflation slows from 14-month high, raising hopes of interest rate cut under new governor

The country's inflation rate reading comes after India had missed growth expectations for its fiscal second quarter

12/12 Investors were already wary of Korean stocks. Then the country descended into chaos

The 'Korea discount' refers to South Korean securities trading at lower valuations relative to regional peers due to investors' concerns over issues such as corporate governance.

12/12 India's ReNew Energy offered to be taken private in $2.82 billion deal

Some of the biggest investors in ReNew Energy Global have offered to take the company private in a deal that values the clean power generator at $2.82 billion.

12/12 South Korean President Yoon vows to 'fight to the end'

South Korean President Yoon Suk Yeol has lashed out at political opponents and defended his short-lived martial law order as a legal move to protect democracy.

11/12 Yellen discusses South Korean political crisis with country's finance minister

U.S. Treasury Secretary Yellen spoke to South Korea's Finance Minister following President Yoon Yoon Suk Yeol's attempt to impose martial law last week.

11/12 China's monetary shift signals economic worries, but 'bazooka-style' stimulus is unlikely, experts say

Despite a flurry of stimulus measures, recent economic indicators have showed the world's second-largest economy is still struggling with deflationary pressures.

11/12 South Korea’s ex-defense minister attempts suicide, police raid presidential office

The fallout from South Korea's brief martial law continues amid reports of raids on the president's office and an attempted suicide by the ex-defense minister.

11/12 China ramps up Wall Street meetings as Trump inauguration looms

Chinese Vice Premier He Lifeng has met with several U.S. finance executives as Beijing seeks to build relationships in the face of rising bilateral tensions.

10/12 Surprise RBI governor pick signals India may cut rates as soon as February, economists say

India has appointed a new central bank governor in a surprising move that some experts say strengthens outlook for rate cuts early next year.

10/12 Travel is finally back — and an era of huge growth is upon us

U.N. Tourism says international arrivals will fully recover this month, marking an end to years of recovery efforts stemming from the Covid-19 pandemic.

10/12 China's exports and imports miss expectations in November as economic worries deepen

Export has been a rare bright spot as the world's second largest economy contends with lackluster domestic consumption and a prolonged housing downturn.

09/12 China vows 'more proactive' fiscal stimulus measures, 'moderately' looser monetary policy

China's leaders pledged "more proactive" fiscal and monetary policies next year to boost domestic consumption, according to an official readout.

09/12 China's top leaders are set to discuss GDP growth target, stimulus measures amid economic worries

Market participants will watch the events this week for clues on how policymakers plan to steer the economy through entrenched disinflation and looming U.S. tariffs.

09/12 China consumer inflation rate drops to a five-month low, missing expectations as economy slows

China's consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday.

08/12 South Korea martial law fallout deepens as prosecutors close in on president, ex-defense minister

Thousands of people rallied in front of the parliament in Seoul on Sunday, calling for the impeachment and arrest of Yoon and the disbandment of his ruling party.

06/12 India keeps interest rate unchanged amid rising inflation risks and a slowing economy

The Reserve Bank of India has held the interest rate steady since February last year.

05/12 Ed Sheeran announces concert in Bhutan — with tickets starting at $10

Ed Sheeran announced this week he's taking his Mathematics Tour to Bhutan on Jan. 24, 2025 — the first major international concert to be held in the country.

05/12 South Korean President Yoon faces impeachment: How did we get here?

South Korean President Yoon Suk Yeol is facing impeachment by parliament after he declared martial law only to revoke it 6 hours later amid immense backlash.

04/12 Kospi heavyweight stocks fall in volatile trade after President Yoon's martial law flip-flop

South Korean heavyweight stocks fell in a volatile trading session Wednesday amid market jitters triggered by a political upheaval.

04/12 Australia third-quarter GDP grows at 0.3%, missing expectations

Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.

04/12 Bank of Korea to hold emergency meeting after Yoon lifts martial law

The Bank of Korea is set to hold an emergency meeting Wednesday after South Korean President Yoon Suk Yeol lifted a surprise martial law declaration overnight.

04/12 As global defense spending surges, South Korean arms makers look like a clear winner

A steady increase in global expenditure, combined with growing geopolitical uncertainties has provided South Korean arms makers with larger global markets.

03/12 South Korean won falls sharply against the U.S. dollar after president declares state of emergency

South Korea's won on Tuesday fell sharply against the U.S. dollar shortly after President Yoon Suk Yeol declared a state of emergency.

03/12 Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China

Shares of major Asian chip stocks mostly rose on Tuesday, shrugging off the U.S. announcing new emiconductor export controls on China. 

03/12 South Korea's inflation climbs in November, but misses expectations

Last week, the bank of Korea cut its headline inflation outlook for 2024 and 2025 to 2.3% and 1.9% respectively, down from 2.5% and 2.1%.

02/12 Chinese automakers BYD, Leapmotor and Xiaomi smash annual delivery targets ahead of schedule

The Chinese automakers have raced past their annual delivery targets a month ahead of schedule, underscoring their rapid growth and strong market demand.

02/12 China bonds rally with 10-year yield hitting a multi-decade low on rate cut expectations

China bonds rallied Monday with the 10-year yield dropping below the key psychological level of 2% to hit a multi-decade low.

02/12 Caixin PMI: China’s factory activity expands again in November, beats forecasts

The private survey signals that the country's recent stimulus efforts have already helped to lift certain sectors of China's ailing economy.

30/11 Gautam Adani breaks his silence on U.S bribery indictment

Adani said his ports-to-power conglomerate was committed to world class regulatory compliance.

29/11 India's quarterly growth slumps to a near two-year low, well below expectations

The Reserve Bank of India had forecast an expansion of 7% for the period.

29/11 10-year Treasury yield slips on holiday-shortened trading day

Treasury yields were lower Friday as markets prepared to reopen after the Thanksgiving break.

29/11 Buy Big Tech firms with exposure to emerging markets, says veteran investor Mark Mobius

Veteran emerging markets investor Mark Mobius believes U.S. tech firms geared toward Asia are set to "do well" in 2025.

29/11 China's home prices set to stabilize by 2026 after slower declines next year, Reuters poll shows

China has been scaling up efforts to arrest a multi-year downturn in the real estate sector that once accounted for a quarter of the country's economy.

29/11 China plans to restrict exports of a critical metal. But the market isn't that worried

China dominates 80% of the global tungsten supply chain.

28/11 Japan seen reaping record tax revenues in fiscal 2024, Reuters reports

The government will tap the additional revenues to fund part of a 13.9 trillion yen ($91.7 billion) spending package aimed at cushioning the blow to households from rising living costs.

28/11 South Korea unexpectedly cuts rates by 25 basis points — first back-to-back cuts since 2009

This surprised economists polled by Reuters, which expected the BOK to hold rates.

27/11 Treasury yields fall as investors await the Fed’s preferred inflation gauge

U.S. Treasury yields were lower on Wednesday as investors awaited a key inflation reading and weighed statements from the Federal Reserve's meeting minutes from November.

27/11 China's industrial profits fall by 10% in October as deflation worries linger

Industrial profits are a key gauge of the financial health of factories, mines and utilities in China.

27/11 New Zealand expectedly cuts benchmark rate by 50 basis points as economy struggles

New Zealand's central bank slashed its benchmark interest rate by 50 basis points to 4.25%, marking a third straight cut to its benchmark interest rate.

25/11 What Trump's pick for Treasury secretary could mean for global markets

Strategists regard hedge fund manager Scott Bessent, the founder of Connecticut-based investment firm Key Square Group, as a "safe pair of hands."

25/11 Southeast Asia's economic scale is expected to surpass Japan by 2029

With an average growth rate of 4.7%, the size of the six Southeast Asian economies will surpass Japan by 2029, according to HSBC calculations.

25/11 Singapore's inflation rate falls in October, hitting lowest point since March 2021

Singapore's core inflation measure — which strips out prices of accommodation and private transport — came in at 2.1%, down from the 2.8% seen in September.

25/11 China's central bank keeps medium-term loan rate unchanged amid yuan weakness

The yuan has come under pressure following Donald Trump's victory in the U.S. presidential election.

25/11 Southeast Asia salaries set for a 2025 bump, with Singapore lagging the region: Report

Budgeted salary increases in the region are expected to be higher in 2025 than in 2024, according to a November study by professional services firm Aon.

22/11 Indonesia wants Apple to sweeten its $100 million proposal as tech giant lobbies for iPhone 16 sales

The Indonesian government expects Apple to invest more than $100 million into the country if it wants to sell its iPhone 16 in the growing market.