Breaking News: Asia
Bank of Korea expectedly keeps rates steady at an almost three-year low
This photo taken on Nov. 24, 2022 shows the building of Bank of Korea BOK in Seoul, South Korea. South Korea’s central bank on Thursday raised its policy rate to curb inflation, delivering six back-to-back rate hikes for the first time. (Photo by Wang Yiliang/Xinhua via Getty Images) Wang Yiliang | Xinhua News Agency | […]
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China’s producer prices fall 3.6% in June, biggest drop in nearly two years as deflation deepens
Customers shop at a supermarket in Qingzhou City, East China’s Shandong Province, Aug 9, 2023. Costfoto | Nurphoto | Getty Images China’s producer prices plunged 3.6% in June from a year earlier, marking its largest decline in nearly two years, as a deepening price war rippled through the economy that’s already grappling with tepid consumer […]
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Asia-Pacific markets trade mixed after Trump rules out tariff deadline extension
Copper falls on Trump’s impending 50% tariffs Copper wires at a recycling facility in Salt Lake City, Utah, US, on Thursday, May 8, 2025. Niki Chan Wylie | Bloomberg | Getty Images Copper prices slipped on Wednesday after U.S. President Donald Trump announced a 50% tariff on exports of the metal to the U.S. The three-month […]
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Asia-Pacific markets set to open lower as investors assess Trump’s higher tariffs
Peter Adams | Stone | Getty Images Asia-Pacific markets are set to open lower after U.S. President Donald Trump announced higher tariffs on 14 trading partners, including Japan and South Korea. Goods exported to the U.S. from Japan, South Korea, Malaysia, Kazakhstan and Tunisia are now set to face 25% tariffs starting Aug. 1, according to the […]
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Trump says countries aligning with BRICS policies will face additional 10% tariff
President of the United States Donald J. Trump delivers remarks to a crowd at an America250 rally in Des Moines, Iowa, United States, on July 3, 2025. Kyle Mazza | Anadolu | Getty Images U.S. President Donald Trump announced that an additional 10% tariff will be charged to countries “aligning themselves with the anti-American policies […]
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Asia-Pacific markets mostly set to open higher after Wall Street gains on strong jobs report
The skyline of Yokohama with the Landmark Tower, Queen’s Square and the ferries wheel with the Aka-Rengo Soko warehouse on a beautiful day. Juergen Sack | E+ | Getty Images Most Asia-Pacific markets are set to climb on Friday, trailing gains on Wall Street after a better-than-expected jobs report eased investors’ concerns of a slowdown in […]
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China’s June factory activity unexpectedly expands, private survey shows
HANGZHOU, CHINA – JUNE 30, 2025 – A worker is working in the production workshop of a steel structure factory in Hangzhou City, Zhejiang Province, China on June 30, 2025. CFOTO | Future Publishing | Getty Images China’s factory activity unexpectedly returned to growth among export-oriented manufacturers in June, a private survey showed Tuesday, as […]
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Asia-Pacific markets poised for cautious open as investors assess gains on Wall Street and Trump’s tariff plans
Shanghai Bund skyline panorama Yangna | E+ | Getty Images Asia-Pacific markets are set to have a cautious open Tuesday, with investors assessing the record gains on Wall Street and the global impact of U.S. President Donald Trump’s tariff policies as his 90-day tariff reprieve is set to expire next week. U.S. Treasury Secretary Scott Bessent said […]
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Canada rescinds Digital Services Tax after Trump cuts off U.S. trade talks
U.S. President Donald Trump is greeted by Prime Minister of Canada Mark Carney, as he arrives at the G7 leaders’ summit in Kananaskis, Alberta, Canada June 16, 2025. Stefan Rousseau | Via Reuters Canada has walked back on its digital services tax “in anticipation” of a mutually beneficial comprehensive trade arrangement with the United States, […]
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China’s manufacturing activity contracts for a third month amid deflation woes
Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images China’s manufacturing activity contracted for a third straight month in June, an official survey showed on Monday, fueling hopes for more stimulus to cushion the […]
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