Asia Economy
Trump’s tariff deadline is near. Here’s a look at countries that have a deal — and those that don’t
U.S. President Donald Trump calls on a reporter during a meeting with Philippine President Ferdinand Marcos Jr. in the Oval Office at the White House on July 22, 2025, in Washington, D.C. Chip Somodevilla | Getty Images News | Getty Images Come Friday, the world will have to contend with higher tariff rates from the […]
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Asia-Pacific markets trade mixed as investors assess U.S.’ 15% tariffs on South Korea; await Bank of Japan’s rate decision
Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Thursday. Japan’s Nikkei 225 benchmark moved up 0.21% while the broader Topix index ticked up 0.28%, as of 8.10 a.m. Singapore time (8.10 p.m. ET Wednesday). In South Korea, the Kospi index fell 0.14% while the small-cap Kosdaq was flat. Over in Australia, the S&P/ASX 200 benchmark fell […]
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Australia’s second-quarter inflation drops to lowest since March 2021, supporting case for rate cut
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Apr. 1, 2025. Bloomberg | Bloomberg | Getty Images Australia’s headline inflation rate in the second quarter of the year slipped to its lowest point since March 2021, coming in […]
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Singapore warns of slowdown in second half of the year as it keeps monetary policy steady
Singapore retains its title as the most expensive city for high-net-worth-individuals, according to Julius Baer’s 2025 Global Wealth and Lifestyle report. Deejpilot | E+ | Getty Images Singapore’s central bank warned that the city-state’s economy is “projected to moderate in the second half of 2025 from its strong pace in [the first half],” as it […]
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Asia markets set to fall as U.S. trade talks with China hang in the balance
Opening calls Happy mid-week from Singapore. Asia markets are poised for a lower open. Futures for Hong Kong’s Hang Seng Index stood at 25,344, pointing to a weaker open compared with the HSI’s last close of 25,524.45 Similarly, Australia’s S&P/ASX 200 was set to start the day lower with futures tied to the benchmark at 8,662, compared with its […]
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India overtakes China in smartphone exports to the U.S. as manufacturing jumps 240%, report shows
Workers assemble smartphones at Dixon Technologies’ Padget Electronics Pvt factory in Uttar Pradesh, India, on Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images India has overtaken China to become the top exporter of smartphones to the U.S., according to research firm Canalys, reflecting the shift in manufacturing supply chain away from Beijing amid tariff-fueled […]
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Asia-Pacific markets fall as traders await outcome of U.S.-China trade talks
Asia markets start Tuesday trading in the red Asia markets started the trading day lower. Japan’s benchmark Nikkei 225 fell 0.61%, while the Topix lost 0.76%. South Korea’s Kospi fell 1.09%, and the small-cap Kosdaq slipped 0.88%. Australia’s S&P/ASX 200 lost 0.42%. —Lee Ying Shan Opening calls Good morning from Singapore. Asia markets are poised for a weaker open. Japan’s benchmark Nikkei […]
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Asia-Pacific markets poised for mixed open as traders await details of U.S-China talks
Here are the opening calls for the day Good morning from Singapore. Investors will be keeping a close watch on Chinese markets following reports that the country will resume trade talks with the U.S. in Stockholm on Monday to discuss longstanding economic disputes. The talks will be led by U.S. Treasury Secretary Scott Bessent and Chinese […]
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Textiles to whisky: U.K.–India ‘historic’ deal is set to boost bilateral trade by over $34 billion a year
AYLESBURY, ENGLAND – JULY 24: UK Prime Minister Keir Starmer and Prime Minister Narendra Modi of India walk in the grounds at Chequers on July 24, 2025 in Aylesbury, England. Kin Cheung | Getty Images News | Getty Images U.K. and India’s bilateral trade is set to get a more than $34 billion annual boost […]
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India appears unfazed as trade deadline with the U.S. nears. Here’s why
US President Donald Trump and Indian Prime Minister Narendra Modi attend “Howdy, Modi!” at NRG Stadium in Houston, Texas, September 22, 2019. Saul Loeb | Afp | Getty Images As the window of opportunity for India to seal a trade deal with the U.S. closes on Aug. 1 — when tariffs are set to increase […]
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