Asia Economy
Here’s where Apple makes its products — and how Trump’s tariffs could have an impact
Apple’s iPhone 16 at an Apple Store on Regent Street in London on Sept. 20, 2024. Rasid Necati Aslim | Anadolu | Getty Images Apple has made moves to diversify its supply chain beyond China to places like India and Vietnam, but tariffs announced by the White House are set to hit those countries too. […]
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Asia-Pacific markets poised to plunge following Trump’s hefty tariffs on countries in the region
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 are poised to plunge on Thursday, after U.S. President Donald Trump imposed hefty reciprocal tariffs on over 180 […]
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Trump’s tariffs leave gadget makers in crisis: ‘I’m going to run out of appliances’
President Donald Trump holds an executive order about tariffs increase, flanked by U.S. Commerce Secretary Howard Lutnick, in the Oval Office of the White House in Washington, D.C., U.S., February 13, 2025. Kevin Lamarque | Reuters When President Donald Trump made it clear that he was serious about implementing dramatic tariffs on top U.S. trading […]
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Reserve Bank of Australia expectedly keeps interest rates steady at 4.1%
The Reserve Bank of Australia (RBA) building is seen behind construction fences on August 06, 2024 in Sydney, Australia. Lisa Maree Williams | Getty Images News | Getty Images The Reserve Bank of Australia on Tuesday expectedly held its benchmark policy rate at 4.1%, despite having flagged earlier that inflation was declining at a faster […]
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Trump tariffs jolt Asian automakers — Toyota likely set for most pain
Brand new Toyota cars are displayed on the sales lot at Hanlees Hilltop Toyota on March 4, 2025 in Richmond, California. Justin Sullivan | Getty Images Newly announced U.S. tariffs on auto imports have rattled Asian automakers, pressuring companies ahead of the implementation of the duties later in the week. U.S. President Donald Trump last […]
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Asia-Pacific markets rise after key Wall Street indexes gain overnight
Night shot of Sydney, Australia. Darling harbour in the middle left, looking right out to the horizon where the sun has just set. Mike Mackinven | Moment Open | Getty Images Asia-Pacific markets climbed Tuesday, after two key Wall Street benchmarks rose as investors awaited clarity on U.S. President Donald Trump’s tariff rollout. Japan’s benchmark Nikkei […]
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China’s factory activity growth at 1-year high, official survey shows, as stimulus measures kick in
A worker works at a workshop of Zhonghong Packaging Company in Lianyun district, Lianyungang city, East China’s Jiangsu province, on March 27, 2025. Costfoto | Nurphoto | Getty Images China’s manufacturing activity expanded at its fastest pace in one year in March, signaling Beijing’s stimulus measures were helping prop up an economic recovery, while looming […]
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South Korea ends its longest short-selling ban in history after systemic reforms
Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Feb. 24, 2022. Ahn Young-joon | AP South Korea on Monday lifted the longest short-selling ban in the country’s history, after tightening measures to crackdown on illegal transactions. The short-selling ban was put into […]
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Japan stocks slump nearly 4% as fresh Trump tariffs due this week keep investors jittery
Japan will start offering digital nomad visas at the end of March, according to The Japan Times. Witthaya Prasongsin | Moment | Getty Images Asia-Pacific markets plunged Monday ahead of U.S. President Donald Trump’s fresh round of tariffs expected later in the week. Japan’s benchmark Nikkei 225 started the day 3.9% lower while the broader Topix […]
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Australia PM calls general election for May 3 amid cost of living crisis, tariff worries
Australia’s Prime Minister Anthony Albanese during a press conference at Parliament House in Canberra on March 28, 2025. Mike Bowers | Afp | Getty Images Australian Prime Minister Anthony Albanese on Friday called a national election for May 3 as the country grapples with high cost of living and rising U.S. tariffs. That kicked off […]
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