Asia Economy
South Korea’s third-quarter GDP grows at fastest pace in over a year, beating expectations
A container ship sails past buildings in Busan, South Korea, on Thursday, Sept. 22, 2022. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s economy expanded at its fastest pace in more than a year, with its third-quarter gross domestic product growth topping analysts’ estimates on Tuesday. According to advance […]
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Bars and coins steal the shine from jewelry as Indians splurge up to $11 billion on gold this Diwali
Gold prices were flat in Asia trade on Wednesday as investors held back from placing large bets ahead of the U.S. Federal Reserve’s policy decision, while also keeping a close watch on the developments surrounding the Israel-Iran conflict. Anindito Mukherjee | Bloomberg | Getty Images The narrow lanes of Zaveri Bazaar, one of the oldest […]
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Trump says U.S., China close to trade deal ahead of Xi talks, TikTok decision
U.S. President Donald Trump looks on next to people waving Malaysian national flags before he departs on Air Force One from Kuala Lumpur International Airport in Sepang on Oct. 27, 2025. Andrew Caballero-reynolds | Afp | Getty Images U.S. President Donald Trump said that Washington and Beijing were poised to “come away with” a trade […]
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China’s industrial profits surge 21.6% in September, biggest jump in nearly two years
Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. Shi Kuanbing | VCG | Visual China Group | Getty Images China’s industrial profits soared 21.6% in September from a year ago, the National Bureau of Statistics […]
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Japan’s Nikkei 225 crosses 50,000 for the first time, leading gains in the region
Japan’s Nikkei 225 breached the 50,000 mark for the first time Monday, leading regional gains as investors cheered progress in U.S.-China trade talks and strong momentum from Wall Street. The benchmark index rose over 2%, while the Topix added 1.61%. South Korea’s Kospi jumped 1.83% after hitting a record high on Friday, while the small-cap […]
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Trump headlines ASEAN summit, Thailand-Cambodia sign ceasefire deal
U.S. President Donald Trump and Cambodian Prime Minister Hun Manet shake hands during the signing of a Cambodia-Thailand peace deal at Kuala Lumpur Convention Centre on October 26, 2025 in Kuala Lumpur, Malaysia. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump landed in Malaysia for the ASEAN Summit on Sunday, […]
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U.S., China seek to avoid trade war escalation, salvage Trump-Xi meeting in Malaysia talks
U.S. President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, Oct. 24, 2025. Bloomberg | Bloomberg | Getty Images Top economic officials from the U.S. and China kickstarted talks in Kuala Lumpur on Saturday to avert an […]
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Japan’s new premier pledges early boost to defence spending, ‘proactive’ fiscal moves
A sailor raises the Japan Maritime Self-Defense Force ensign on board the JS Ise, a Hyuga-class helicopter destroyer on June 21, 2025. Ted Aljibe | Afp | Getty Images Japan’s new Prime Minister Sanae Takaichi pledged on Friday to accelerate a defence spending target by two years, as her government pursues proactive fiscal expansion on strategic priorities. […]
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Trump to meet China’s Xi for the first time in second term as trade deal remains elusive
U.S. President Donald Trump (left) and Chinese President Xi Jinping. Jim Watson and Peter Klaunzer | Pool, AFP | Getty Images U.S. President Donald Trump will meet Chinese President Xi Jinping next week as part of his trip to Asia, as the world’s top two economies seek to dial down tensions in search for a […]
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Japan inflation edges higher for first time since May, matching forecasts as ‘core-core’ gauge eases
Government stockpiled rice, which was transported by bullet train, or the “shinkansen”, into the capital is handed over to those who pre-ordered bags, at Tokyo Station on June 10, 2025. Str | Afp | Getty Images Japan’s core inflation rate accelerated to 2.9% in September, the first increase since May and in line with expectations […]
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