Asia Economy
China looks set to turn to a tariff-proof sector as U.S. trade war bites: K-pop
Epex at the MBC Every1 variety show “Weekly Idol” at MBC Dream Center on April 23, 2024, in Goyang, South Korea. Mbcplus | Imazins | Getty Images Locked in a trade war with the United States and struggling with weak domestic consumption, China looks set to make a U-turn on an unlikely sector: K-pop. It […]
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Hong Kong stocks lead gains in Asia as China evaluates possibility of trade talks with the U.S.
Hongdae street in Seoul city, South Korea Twenty47studio | Moment | Getty Images Asia-Pacific markets rose after China said that it was evaluating possible trade talks with the U.S. Markets in the region also trailed gains on Wall Street after all three key benchmarks advanced overnight on optimism that a slowdown in the global economy […]
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China says it’s evaluating U.S. overtures to initiate talks on trade
China says it's evaluating U.S. overtures to initiate talks on trade Source
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Bank of Japan holds rates steady for second straight meeting as Trump tariffs threaten exports
The Bank of Japan (BOJ) headquarters in Tokyo, Japan, on Thursday, Oct. 31, 2024. The Bank of Japan kept its benchmark interest rate unchanged. Getty Images Japan’s central bank held its policy rate at 0.5% Thursday, for a second straight meeting, as U.S. President Donald Trump’s tariffs weighed on the country’s economic outlook. The move […]
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Grab CFO: See greater growth and profitability in ‘underpenetrated’ Indonesia
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Grab’s CFO Peter Oey discusses why Indonesia remains a strategic priority for the business, emphasising a stronger focus on affordability and driver recruitment. Source
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China’s factory activity drops to a near two-year low in April as trade tariffs bite
LIANYUNGANG, CHINA – APRIL 11, 2025 – A worker produces plush toys for sale to countries along the Belt and Road at a toy company’s production line in Lianyungang, Jiangsu province, China on April 11, 2025. Cfoto | Future Publishing | Getty Images China’s manufacturing activity fell more than expected to a near two-year low, sliding […]
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Australia first-quarter inflation holds steady at 4-year low of 2.4%
Shoppers and pedestrians walk past a Shiels store at Rundle Mall in Adelaide, Australia, on Thursday, Feb. 11, 2021. James Bugg | Bloomberg | Getty Images Australia’s first-quarter inflation rose 2.4% compared to the same period last year, staying at a four-year low. This was higher than the Reuters expectations of a 2.3% climb, and […]
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Asia-Pacific markets trade mixed as investors parse key regional data
Cityscape and Tokyo Tower at sunset, Tokyo, Japan. © Marco Bottigelli | Moment | Getty Images Asia-Pacific markets trade mixed Wednesday as traders parse a slew of key economic data in the region. Japan’s benchmark Nikkei 225 rose 0.14% while the Topix added 0.5%. South Korea’s Kospi slipped 0.2% and the Kosdaq dipped 0.25%. Australia’s benchmark […]
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Asia-Pacific markets trade sluggishly as impact of Trump tariffs on Wall Street’s earnings loom
Sunset view of Yarra river and Melbourne skyscrapers business office building with evening skyline in Victoria, Australia. Australia tourism, modern city life, or business finance and economy concept Prasit Photo | Moment | Getty Images Asia-Pacific markets had a sluggish open as investors awaited the extent of the impact of U.S. President Donald Trump’s tariffs […]
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China rolls out employment support and hints at more stimulus as U.S. tensions escalate
A job fair in Beijing in 2022. China’s urban jobless rate among those aged from 16 to 24, excluding students, stood at an elevated level of 16.5% in March 2025, according to data from the National Bureau of Statistics. Jade Gao | Afp | Getty Images BEIJING — Senior Chinese officials on Monday outlined plans […]
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