Asia Economy
Big Tech companies, foreign governments scramble after Trump slaps $100,000 annual fee on H-1B visas
U.S. President Donald Trump speaks as he sits next to a “Trump Gold Card” sign, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters Major technology companies and foreign governments are rushing to respond after President Donald Trump late Friday announced plans to impose a […]
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Japan’s Nikkei 225 erases gains to trade lower after BOJ keeps interest rate steady
People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Japan’s benchmark Nikkei 225 index pared gains to fall 0.57% Friday, after the Bank of Japan kept its policy rate steady at 0.5%, in line with the forecast from a Reuters poll of economists. The benchmark index had hit a fresh record […]
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Potential TikTok deal boosts ByteDance valuation as investor confidence grows
Investor conviction in ByteDance’s potential has climbed since Washington and Beijing this week reached a framework agreement on the long-contested future of TikTok in the U.S., several dealmakers told CNBC. Existing shareholders are not planning to sell in the wake of the TikTok deal, said LU Shihui, partner at Envision Capital which has facilitated investments […]
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BOJ holds rates as Japan core inflation dips to lowest since November 2024
The Bank of Japan kept its policy rate steady at 0.5% on Friday, in line with the forecast from a Reuters poll of economists. The decision to stand pat comes as Japan’s core inflation rate fell to its lowest since November 2024, coming in at 2.7% for August and marking a third straight month of […]
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Fed cut sets stage for Asia’s next easing wave amid trade strains
Several flags including that of the United States, Cambodia, the European Union, Japan and ASEAN are seen outside a building in Krong Siem Reap, Cambodia, on July 27, 2025. Anadolu | Anadolu | Getty Images Asian central banks may find more room to ease policy after the Federal Reserve cut interest rates by a quarter […]
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Trump sues The New York Times for $15 billion, alleging defamation and libel
U.S. President Donald Trump speaks during an event to sign a memorandum to send federal resources to Memphis, Tennessee, for a surge against local crime, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 15, 2025. Jonathan Ernst | Reuters U.S. President Donald Trump on Monday filed a $15 billion lawsuit […]
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Japan’s top trade negotiator cancels trip to U.S. over trade deal issues
Ryosei Akazawa, Japan’s economic revitalization minister, speaks to members of the media at the Japanese embassy in Washington D.C. on June 6, 2025. Bloomberg | Bloomberg | Getty Images Japan’s top trade negotiator Ryosei Akazawa canceled a trip to the United States on Thursday over issues related to the U.S.-Japan trade deal. In a statement, […]
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Qantas shares surge to record high as profit jumps on robust travel demand
A Qantas Airways Boeing 737 aircraft takes off from Sydney International Airport in Sydney on August 18, 2025. David Gray | Afp | Getty Images Shares of Australian flag carrier Qantas rose to a record high Thursday after its full-year earnings results beat estimates, buoyed by resilient demand across its domestic and international networks. Qantas […]
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Bank of Korea keeps rates unchanged on Seoul’s housing market risks; upgrades GDP and inflation forecasts
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images South Korea’s central bank kept its policy rate unchanged at 2.5% for its second straight meeting to assess housing prices in the capital further, after prices […]
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Asia-Pacific markets poised to trade lower; Bank of Korea policy decision in focus
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were poised to trade lower Thursday as investors await the Bank of Korea policy decision. Japan’s Nikkei 225 was on course to open lower, with […]
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