Asia Economy
Asia-Pacific markets track Wall Street gains on potential Fed rate cut
Ulsan city skyline from the Hamwolru Pavilion. People can enjoy beautiful cityscape for free. Ulsan, South Korea. Insung Jeon | Moment | Getty Images Asia-Pacific rose Monday, tracking Wall Street gains after Federal Reserve Chair Jerome Powell signaled that the central bank could begin easing monetary policy next month in his widely anticipated annual speech in Jackson Hole, Wyoming. […]
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BOJ’s Ueda expects tightening job market to push up wages
Kazuo Ueda, governor of the Bank of Japan (BOJ), speaks during a conference hosted by the bank’s Institute for Monetary and Economic Studies in Tokyo, Japan, on Tuesday, May 27, 2025. Kiyoshi Ota | Bloomberg | Getty Images Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyond large firms and likely to […]
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BOJ’s Ueda expects tightening job market to push up wages
Bank of Japan Governor Kazuo Ueda attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole Economic Symposium in Jackson Hole, Wyoming on Aug. 23, 2025. Jim Urquhart | Reuters Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyond large firms and likely to keep accelerating due to a tightening job […]
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Troop costs, China in focus when South Korea’s Lee meets Trump
The U.S. and South Korean flag against the backdrop of a building. Chris Putnam | Future Publishing | Getty Images When South Korean President Lee Jae Myung meets U.S. President Donald Trump next week for their first summit, he will be asked to pay more for the upkeep of American troops on the peninsula during […]
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Nio shares pop after releasing one of its most affordable SUVs yet
The Nio logo is seen at the NIO booth in the National Exhibition Center in Shanghai, China, on April 28, 2025, during the Shanghai Automobile Show 2025. (Photo by Ying Tang/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Chinese electric carmaker Nio surged after the company unveiled one of its most […]
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Major Japanese carmakers say they aren’t raising prices in the U.S. because of tariffs
Newly manufactured cars awaiting export at a port in Yokohama, south of Tokyo, Japan, on March 27, 2025. Issei Kato | Reuters Major Japanese automakers have denied to CNBC that they have raised prices in the U.S. because of tariffs imposed by the Trump administration. That comes after a Nikkei Asia report on Thursday that […]
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India, Russia vow to deepen trade ties, defying Trump’s tariff threats over oil
TOPSHOT – Russia’s Foreign Minister Sergey Lavrov (R) and India’s Foreign Minister Subrahmanyam Jaishankar enter a hall for their talks at Zinaida Morozova’s Mansion in Moscow on August 21, 2025. Alexander Zemlianichenko | Afp | Getty Images India and Russia agreed Thursday to expand bilateral trade ties, signaling that U.S. tariff pressure on New Delhi […]
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Asia-Pacific markets trade mixed as investors look ahead to U.S. Fed chair Powell’s speech
SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty Images Asia-Pacific markets traded mixed Friday as investors await U.S. Federal Reserve Chair Jerome Powell’s speech at the central bank’s annual economic symposium, which could offer clues into the path […]
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Japan reports hotter-than-expected core inflation for July — but lowest since March as rice prices ease
Residential and commercial properties near the Shibuya district of Tokyo on May 4, 2023. Richard A. Brooks | Afp | Getty Images Japan’s core inflation rate cooled to 3.1% in July, coming down from 3.3% the month before as rice inflation continued to ease. The figure — which strips out costs for fresh food — […]
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Red carpet for Putin, trade relief for China, penalties on India: Inside Trump’s peculiar policy playbook
U.S. President Donald Trump and Russian President Vladimir Putin arrive for a press conference at Joint Base Elmendorf-Richardson on Aug. 15, 2025 in Anchorage, Alaska. Andrew Harnik | Getty Images President Donald Trump is pursuing an unusual strategy — courting Russian President Vladimir Putin, holding fire on Beijing, all the while turning the screws on […]
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