Asia Economy
Scenic trains, cruises and concerts: China’s new plan to get consumers spending again
BEIJING, CHINA – NOVEMBER 6: Women wearing Qing Dynasty-style costumes take photos inside the Forbidden City on November 6, 2025, in Beijing, China. Cheng Xin | Getty Images News As Chinese households remain reluctant to spend on big-ticket goods, Beijing is leaning on a new lever to revive consumption: experiences and everyday services. China’s cabinet […]
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Indonesian stock exchange CEO resigns after $84 billion market wipe out
Iman Rachman, chief executive officer of the Indonesia Stock Exchange (IDX), speaks to members of the media in Jakarta, Indonesia, on Friday, Jan 30, 2026. Rachman said he will step down following a two-day market rout sparked by MSCI Inc.’s warning of a possible downgrade. Bloomberg | Bloomberg | Getty Images Indonesian stock exchange CEO Iman […]
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Gold prices fall over 4%; Asia-Pacific shares trade mixed after Trump says he will name new Fed chair
Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Gold and silver prices fell on Friday after hitting a record high on Thursday. Spot gold prices declined over 4% to $5,156.64 per ounce. The yellow metal remained around 20% higher year to date. Silver […]
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Trump reportedly says ‘very dangerous’ for UK to do business with China as Starmer looks to mend ties
US President Donald Trump greets Britain’s Prime Minister Keir Starmer during a summit on Gaza, Egypt, in Sharm el-Sheikh on Oct. 13, 2025. Evan Vucci | Afp | Getty Images U.S. President Donald Trump on Thursday reportedly warned the U.K. that it would be “very dangerous” for the country to do business with China, after […]
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How Trump’s tariffs, and forced labor, led China to new record trillion-dollar trade surplus: Supply chain data
Labors work at a factory’s workshop in Huaying, Sichuan province of China. Getty Images China’s recent record $1.1 trillion trade surplus showed that despite President Donald Trump’s efforts to use tariff policy to slow China’s manufacturing export strength, the geopolitical and economic rival has not only found global workarounds, but thrived. Trade and supply chain […]
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India bets on up to 7.2% growth next year, outpacing most major economies
Laborers work at a coastal road project construction site in Mumbai on January 12, 2022. Punit Paranjpe | Afp | Getty Images India has forecasted its economy to grow between 6.8% to 7.2% in the fiscal year 2027, outpacing most major economies. The world’s fourth-largest economy is targeting this growth on the back of a […]
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CNBC’s Inside India newsletter: EU edges out U.S. in getting India to slash auto tariffs, but can European carmakers win big?
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. New Delhi-based tech startup founder Ashita Gupta loves her cars. With prospects of luxury European cars becoming cheaper, Gupta, who drives an Audi A6, is considering buying another high-end vehicle. It […]
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What tariffs? Toyota hits record sales in 2025, despite Trump’s auto levies
A Toyota dealership is seen on November 19, 2025 in Austin, Texas. Brandon Bell | Getty Images Toyota Motor has retained its position as the world’s top-selling automaker in 2025, posting record sales of 10.5 million units, the Japanese auto giant reported on Thursday. Sales of Toyota and its luxury Lexus marque rose 3.7% from […]
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China and the UK are attempting to reset their relationship — here’s how
Britain’s Prime Minister Keir Starmer addresses a business delegation following his arrival to China, at a hotel in Beijing on January 28, 2026. Carl Court | Afp | Getty Images After years of strained ties, China and the U.K. on Thursday pledged to develop a long-term strategic partnership following a high-stakes meeting between Chinese President […]
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Gold prices jump more than 3% as Asia markets set to trade mixed after U.S. Fed holds rates
An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Spot gold prices rose to a fresh record Thursday after the U.S. Federal Reserve overnight kept its benchmark rate steady at a target range of 3.5% to 3.75%. The bullion rose more than 3% to breach the $5,500 per ounce […]
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