Asia Economy
Japan’s 30-year bond yield hits highest level since 2008; Nikkei leads Asia losses
A drone view shows containers and cargo ships at a port in Wuhu, Anhui province, China, on Feb. 4, 2025. China Daily | Via Reuters Asia-Pacific markets fell on Friday, with yields on long-term Japanese government bonds hitting levels not seen since the 2008 financial crisis. The moves in Asia markets mirrored losses on Wall […]
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China’s exports grew 2.3% on year in Jan-Feb, well short of market estimates
A general view of the container terminal in Qianwan of Qingdao Port, a port in Shandong Province, China, March 17, 2023. CFOTO | Future Publishing | Getty Images China’s exports growth slowed more than expected at the start of the year, data from the customs authority showed Friday, as higher U.S. tariffs partly offset momentum […]
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Social media chatter about Thailand pops 60% following ‘White Lotus’ premiere
Social media conversations about traveling in Thailand rose 60% after the premiere of the third season of “The White Lotus” on Feb. 16. The data measured social media chatter during the three days before and after the show’s airing, according to social media analytics company Sprout Social. The Emmy-winning HBO series is expected to draw […]
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South Korea’s mint is grappling with a gold bar shortage as supply constraints bite
Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea. SeongJoon Cho | Bloomberg | Getty Images South Korea’s state-run mint is grappling with a gold bar shortage amid robust demand for the precious metal. The Korea Minting and Security Printing Corporation (KOMSCO), which is responsible for the production and distribution of […]
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U.S. eyes zero tariff on cars in India trade deal as Tesla entry nears, Reuters reports
Indian Prime Minister Narendra Modi and US President Donald Trump hold a joint press conference in the East Room of the White House in Washington DC, United States on February 13, 2025. (Photo by Nathan Posner/Anadolu via Getty Images) Nathan Posner/Anadolu | Anadolu | Getty Images The United States wants India to eliminate tariffs on car imports under […]
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Japanese 10-year bond yields surge to near 16-year highs on rate-hike expectations, global sell-off
A screen displays the Nikkei 225 Stock Average figure at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Oct. 30, 2023. The expansion of Israel’s ground operations in Gaza added more pressure to global markets as investors prepare for a busy week packed with major central […]
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Asia-Pacific markets mostly higher as investors assess China GDP and inflation targets
A man carrying a kite in the shape of the Chinese national flag walks along the Bund while buildings of Pudong’s Lujiazui financial district in Shanghai, China Bloomberg | Bloomberg | Getty Images Asia-Pacific markets were mostly higher Wednesday as investors assessed China growth and inflation targets amid U.S. tariffs and escalating global trade tensions […]
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Australia reports fourth-quarter GDP growth of 1.3%, supported by exports
Sydney, Australia Michael Dunning | The Image Bank | Getty Images Australia’s economy expanded 1.3% year on year in the fourth quarter, accelerating for the first time since September 2023. The GDP growth beat expectations of a 1.2% rise from economists polled by Reuters, and also surpassed the 1.1% climb expected by the Reserve Bank […]
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China kicks off annual parliamentary meeting as investors watch for clues on economic policy
Paramilitary police march on Tiananmen Square outside the Great Hall of the People before the closing ceremony of the Chinese People’s Political Consultative Conference (CPPCC) in Beijing on March 12, 2009. China’s annual parliamentary sessions, the National People’s Congress (NPC) and its advisory auxiliary, the CPPCC come to a close with the economy and unemployment […]
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Asia-Pacific markets set to track Wall Street declines as Trump tariffs dent sentiment
China World Trade Center. Dukai Photographer | Moment Open | Getty Images Asia-Pacific markets were set to fall Tuesday, tracking Wall Street declines overnight after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Japan’s benchmark Nikkei 225 was set to open lower, with the […]
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