Asia Economy
Asia-Pacific markets set to open higher, tracking Wall Street gains on tech stocks rally
Pedestrians crossing street at night in Hong Kong, China Nathan Road Nikada | E+ | Getty Images Asia-Pacific markets were set to open higher Tuesday, tracking Wall Street gains on tech stocks’ rally. Australia’s ASX/S&P 200 was poised to open higher, with its futures contract trading at 8,867, against the index’s last close of 8,810.9. […]
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Trump’s H-1B visa fee sparks chaos and confusion among Chinese talents in the U.S.
A Chinese student wearing a New York marathon t-shirt walks at Beijing Foreign Studies University in Beijing on May 29, 2025. Jade Gao | Afp | Getty Images Anger and confusion gripped Chinese professionals in the U.S. after White House leader Donald Trump slapped hefty fees on new work visas, deepening anxiety among those seeking […]
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Trump’s $100,000 H-1B fee sparks a global race to grab top talent
U.S. President Donald Trump signs an executive order in the Oval Office at the White House on September 19, 2025 in Washington, DC. Trump signed two executive orders, establishing the “Trump Gold Card” and introducing a $100,000 fee for H-1B visas. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump’s surprise […]
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China leaves benchmark lending rates unchanged as expected, despite Fed rate cut
BEIJING, CHINA – OCTOBER 12: The People’s Bank of China (PBOC) building is pictured on October 12, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images China kept its benchmark lending rates unchanged for the fourth straight month on Monday despite the U.S. Federal Reserve’s interest rate cut last week. The People’s […]
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Asia-Pacific markets set to open mixed ahead of China’s loan prime rate decision
TOKYO, JAPAN – JULY 27: Pedestrians and shoppers walk through the Akihabara area on July 27, 2023 in Tokyo, Japan. Japan’s core consumer price index climbed by 3.3% in June, outpacing the US figure for the first time in eight years as the Bank of Japan holds its monetary policy meeting on July 27 and […]
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Big Tech companies, foreign governments scramble after Trump slaps $100,000 annual fee on H-1B visas
U.S. President Donald Trump speaks as he sits next to a “Trump Gold Card” sign, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters Major technology companies and foreign governments are rushing to respond after President Donald Trump late Friday announced plans to impose a […]
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Japan’s Nikkei 225 erases gains to trade lower after BOJ keeps interest rate steady
People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Japan’s benchmark Nikkei 225 index pared gains to fall 0.57% Friday, after the Bank of Japan kept its policy rate steady at 0.5%, in line with the forecast from a Reuters poll of economists. The benchmark index had hit a fresh record […]
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Potential TikTok deal boosts ByteDance valuation as investor confidence grows
Investor conviction in ByteDance’s potential has climbed since Washington and Beijing this week reached a framework agreement on the long-contested future of TikTok in the U.S., several dealmakers told CNBC. Existing shareholders are not planning to sell in the wake of the TikTok deal, said LU Shihui, partner at Envision Capital which has facilitated investments […]
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BOJ holds rates as Japan core inflation dips to lowest since November 2024
The Bank of Japan kept its policy rate steady at 0.5% on Friday, in line with the forecast from a Reuters poll of economists. The decision to stand pat comes as Japan’s core inflation rate fell to its lowest since November 2024, coming in at 2.7% for August and marking a third straight month of […]
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Fed cut sets stage for Asia’s next easing wave amid trade strains
Several flags including that of the United States, Cambodia, the European Union, Japan and ASEAN are seen outside a building in Krong Siem Reap, Cambodia, on July 27, 2025. Anadolu | Anadolu | Getty Images Asian central banks may find more room to ease policy after the Federal Reserve cut interest rates by a quarter […]
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