Asia Economy
BOJ preps markets for near-term hike as weak yen overshadows politics
The Bank of Japan headquarters in Tokyo on May 30, 2024. Kazuhiro Nogi | Afp | Getty Images The Bank of Japan is preparing markets for a possible interest rate hike as soon as next month, sources say, reviving previous hawkish language as worries about sharp yen declines return and political pressure for the bank to keep rates low fades. A […]
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Australia’s consumer inflation accelerates to 3.8% in October, beating estimates
Pedestrians at Pitt Street Mall in Sydney, Australia, on Thursday, July 24, 2025. Brendon Thorne | Bloomberg | Getty Images Australia’s inflation accelerated in October, beating analysts’ estimates and rising at its fastest pace in seven months, the Australian Bureau of Statistics said Wednesday. The consumer price index rose 3.8% in October, year on year, […]
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‘Takaichi cannot retract her statement and Beijing knows that’: Why China-Japan spat unlikely to be resolved soon
Japanese national flag flies before the National Emblem of China in Tiananmen Square in Beijing, China. China Photos | Getty Images News | Getty Images Back-to-back calls between U.S. President Donald Trump and the leaders of Japan and China have so far done little to defuse the diplomatic spat occurring between Beijing and Tokyo, as […]
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Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally
SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets opened higher Tuesday, after Wall Street’s tech stocks rebounded on a rally in Google parent and hopes of a Fed rate cut. Optimism about Alphabet’s […]
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Singapore inflation climbs for second straight month as October CPI tops estimates
Restaurants and bars in the Boat Quay district in Singapore, on Wednesday, May 17, 2023. Bloomberg | Bloomberg | Getty Images Singapore’s inflation rate climbed for a second straight month, year on year, with price growth in October topping analysts’ expectations. After hitting a four-year low in August, consumer prices rose 1.2%, compared with the […]
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Australia’s Qube Holdings’ shares jump 20% as Macquarie proposes $7.5 billion takeover deal
The Macquarie Group Ltd. logo at the company’s headquarters in Sydney, Australia, on Wednesday, June 18, 2025. Brent Lewin | Bloomberg | Getty Images Australia’s Qube Holdings announced on Monday that Macquarie Asset Management had submitted a non-binding proposal to acquire the logistics company at an enterprise value of 11.6 billion Australian dollars ($7.49 billion). […]
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Asia-Pacific markets rebound on revived Fed rate-cut hopes
Hong Kong Spreephoto.de | Moment | Getty Images Asia-Pacific markets started the week higher after the New York Federal Reserve President signaled that a third rate cut could happen this year. On Friday, New York Federal Reserve President John Williams suggested the Fed could lower its key interest rate from here as labor market weakness poses a […]
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Singapore raises annual growth forecast as third-quarter GDP tops expectations
People cycle along a track backdropped with the city skyline in Singapore on June 27, 2025. Roslan Rahman | Afp | Getty Images Singapore raised its 2025 economic outlook Friday after stronger growth in the third quarter, but warned that expansion is likely to cool in 2026 as the U.S. tariffs weigh on global demand. […]
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Asia markets track Wall Street’s stunning reversal in AI-related stocks
A woman uses her mobile phone as she walks past the logo of Japan’s telecommunications giant SoftBank in Tokyo on December 25, 2013. Toru Yamanaka | Afp | Getty Images Tech conglomerate SoftBank plunged more than 10% Friday amid losses across the region’s key benchmarks, after U.S. tech stocks lost ground and investors’ hopes dimmed […]
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Japan October exports massively beat estimates on robust growth in shipments to Asia and Europe
Shipping container loads dock at Tokyo Bay. Sopa Images | Lightrocket | Getty Images Japan’s exports in October massively beat expectations, government data on Friday showed, as shipments to Europe and Asia saw robust growth. Exports grew 3.6% year on year compared with expectations of a 1.1% growth by economists polled by Reuters. However, growth […]
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