Asia Economy
Japan markets trade flat as investors parse key inflation data
View of the Skytree from Ueno and Asakusa in Tokyo Jackal Pan | Moment | Getty Images Japan markets traded flat with most markets in the region closed for Good Friday. Japan’s Nikkei 225 inched up 0.01% after the country’s inflation grew 3.6% year on year in March, marking three straight years that the headline […]
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Japan inflation comes in at 3.6%, surpasses BOJ target for three straight years
Shop owners of a 70-year-old “takoyaki”, or octopus balls, restaurant chat while cooking along a street in the Taito Ward area of Tokyo on February 21, 2025. Richard A. Brooks | Afp | Getty Images Japan’s inflation grew 3.6% year on year in March, marking three straight years that the headline inflation figure is above […]
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TSMC denies it’s talking to Intel about chipmaking joint venture
A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Company denied reports that the semiconductor giant was in active discussions with Intel […]
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South Korea holds rates as it grapples with U.S. tariffs, prepares for snap election
The Bank of Korea (BOK) in Seoul on Dec. 28, 2024. Kim Jae-Hwan | Lightrocket | Getty Images South Korea’s central bank held its policy rate at 2.75% Thursday, as the country grapples with U.S. tariffs and prepares for a snap presidential election. This was in line with a Reuters poll of economists that forecast […]
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Asia markets rise after Wall Street slides overnight
Anek S | 500px Plus | Getty Images Asia-Pacific markets rose Thursday, breaking ranks with Wall Street which declined sharply after U.S. Federal Reserve Chair Jerome Powell cautioned that the ongoing trade tensions could challenge the central bank’s goals of controlling inflation and spurring growth. Japan’s benchmark Nikkei 225 was up 0.48% in early trade, […]
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China replaces top international trade negotiator as talks with Washington stall
Trade tensions between the world’s two largest economies have escalated in the last two weeks. Dilara Irem Sancar | Anadolu | Getty Images China on Wednesday appointed Li Chenggang as vice minister of commerce and a top representative for international trade negotiation, according to an official statement, replacing Wang Shouwen. The appointment makes Li, 58, […]
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China’s first-quarter GDP tops estimates at 5.4% as growth momentum continues amid tariff worries
Dongsanhuan Ring Road, CBD, Beijing, China. Xiaoyang Liu/Construction Photography/Avalon | Getty Images China’s economy expanded by a better-than-expected 5.4% in the first quarter, maintaining a strong momentum, even as U.S. tariff threats prompt major investment banks to slash the country’s annual growth outlook. The first-quarter GDP topped Reuters’ poll expectations for a 5.1% growth year […]
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Asia-Pacific markets open lower as investors await China GDP and sales data
A pedestrian jogs along the Bund across from buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Thursday, Jan. 2, 2025. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened lower Wednesday after Wall Street declined overnight as investors assessed quarterly earnings, while tariff worries continued to weigh on investor sentiment. Japan’s Nikkei 225 […]
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India’s inflation falls to cooler-than-expected 3.34% in March
A laborer carries a sack filled with refined wheat flour to load it onto a supply truck at a wholesale market in Kolkata, India, on April 10, 2025. Nurphoto | Nurphoto | Getty Images India’s annual inflation rate fell to a lower-than-expected 3.34% in March, the country’s Ministry of Statistics and Programme Implementation reported Tuesday. The […]
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South Korea announces over $23 billion for chip sector as Trump tariffs on semiconductor imports loom
Visitors look at the display of SK Hynix Inc. 12-layer HBM3E memory chips at the Semiconductor Exhibition (SEDEX) in Seoul, South Korea, on Wednesday, Oct. 23, 2024. Bloomberg | Bloomberg | Getty Images South Korea announced Tuesday a support package of 33 trillion won ($23.25 billion) for its vital semiconductor industry, as heightened uncertainty over […]
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