Asia News
China holds military drills around Taiwan as U.S. delegation visits
China’s military sent frigates, bombers and fighter planes to the East China Sea and the area around Taiwan on Friday, in a move the People’s Liberation Army said was intended to target the “wrong signals” sent by the United States. Seen here in a file photo, J15 fighter jets are on China’s sole operational aircraft […]
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Japan’s shares set for lower open; U.S.-listed Chinese tech stocks drop overnight
SINGAPORE — Japan’s markets are set to fall at Friday’s open, after U.S. stocks fell overnight as Treasury yields climbed to highs. The Nikkei futures contract in Chicago was at 26,955 while its counterpart in Osaka was at 26,920 — lower than the Nikkei 225’s last close at 27,172. Economic data due out on Friday […]
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Turning nickel into EV batteries: Indonesia wants to take its mining industry to the next level
Indonesia is looking to revitalize its resource sector. President Jokowi Widodo has vowed to boost the resource sector’s contribution to national GDP by increasing downstream activities. In this photo taken in October 2021, an excavator is loading up coal onto a dump truck at a coal mine operated by PT Khotai Makmur Insan Abadi in […]
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Asia-Pacific stocks mixed; Australia’s March jobs data ahead
SINGAPORE — Shares in Asia-Pacific were mixed in Thursday morning trade as investors look ahead to the release of Australian jobs data for March. The Nikkei 225 in Japan climbed 0.55% in morning trade while the Topix index advanced 0.37%. In Australia, the S&P/ASX 200 rose 0.23%. Australian jobs data for March is due at […]
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Asia-Pacific stocks mixed after hot U.S. inflation report; China’s trade data ahead
SINGAPORE — Shares in Asia-Pacific were mixed in Wednesday morning trade as investors watched for market reaction to the release of a slightly hotter-than-expected U.S. inflation report. China’s trade data for March is also expected at 11:00 a.m. HK/SIN today. Chinese stocks traded in negative territory ahead of the trade data release, as concerns around […]
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Asia-Pacific stocks slip as investors watch China’s Covid situation
SINGAPORE — Shares in Asia-Pacific slipped in Tuesday morning trade, as investors continue monitoring developments surrounding the Covid situation in mainland China. U.S. inflation data is also expected to be out later Tuesday stateside and could provide more clues on the outlook for Federal Reserve policy. The Nikkei 225 in Japan slipped 0.84% as shares […]
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Another Chinese city has overtaken New York for number of billionaires
Buildings in Shenzhen on Tuesday, March 15, 2022. The former fishing village, now a tech hub known as China’s Silicon Valley, has joined Beijing and Shanghai as the world’s top three cities for billionaires, edging out New York for the first time this year. Bertha Wang | Bloomberg | Getty Images Three years ago, American […]
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Shares in Asia-Pacific mixed as investors await China inflation data
SINGAPORE — Shares in Asia-Pacific were mixed Monday morning as investors look ahead to the release of Chinese inflation data for March. The Nikkei 225 in Japan slipped 0.61% in early trade while the Topix index shed 0.35%. South Korea’s Kospi dipped 0.47%. Australia’s S&P/ASX 200 climbed 0.1%. MSCI’s broadest index of Asia-Pacific shares outside […]
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Pakistan’s parliament to meet on Monday to elect a new prime minister
Pakistan’s Prime Minister Imran Khan was ousted on Sunday after losing a vote of confidence in parliament. Opposition activists were seen here celebrating days before, when the Supreme Court ordered parliament to reconvene and go ahead with the vote which Khan’s government tried to put off. Aamir Qureshi | Afp | Getty Images Candidates for […]
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Elon Musk suggests people who subscribe to Twitter Blue should be able to pay with dogecoin
Tesla CEO Elon Musk, shown here in March, proposed a series of changes to Twitter’s subscription service, including price changes and the option to pay in dogecoin. Patrick Pleul | AFP | Getty Images Elon Musk is tweeting about Twitter again. This time, he’s come up with a slew of suggestions for Twitter Blue, the […]
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