Breaking News: Asia
China’s February factory activity expands at fastest pace in three months, private survey finds
Workers weld acid batteries at the Leoch International Technology Ltd. factory in Saltillo, Coahuila, Mexico, on Monday, Oct. 7, 2024. Mauricio Palos | Bloomberg | Getty Images China’s factory activity expanded its its fastest pace in three months to 50.8 in February, a private-sector survey showed on Monday, as millions of migrant workers returned to […]
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China’s largest bubble tea chain Mixue soars 28% on Hong Kong trading debut
The Snow King mascot on a cup at a Mixue store in Beijing, China, on Thursday, Feb. 27, 2025. Bloomberg | Bloomberg | Getty Images Shares of China’s largest bubble tea chain Mixue jumped 28% on its market debut after a heavily oversubscribed initial public offering. The company had priced its initial public offering at […]
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Asia-Pacific markets rise as investors await clarity on Trump’s tariff plans
Main Bazar, Paharganj known for its concentration of hotels, lodges, restaurants, dhabas and a wide variety of shops catering to both domestic travellers and foreign tourists, especially backpackers and low-budget travellers. Hadynyah | E+ | Getty Images Asia-Pacific markets rose Monday as investors awaited clarity on U.S. President Donald Trump’s plans to impose impose tariffs […]
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Seven & i shares plunge over 12% as management buyout falls through
Seven & i private branded cooked meals at a 7-Eleven convenience store, operated by Seven & i Holdings Co., in Tokyo, Japan, on Thursday, Jan. 18, 2024. Bloomberg | Bloomberg | Getty Images Shares of Japan’s Seven & i Holdings plunged as much as 12.44% Thursday after the company said the founding family had failed […]
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Asia markets mostly higher as key Wall Street benchmarks rise amid fresh Trump tariff threats
The city skyline of Lujiazui Shanghai Center in China, on March 13, 2024. Cfoto | Future Publishing | Getty Images Asia-Pacific markets were mostly higher Thursday, after key Wall Street indexes rose amid fresh tariff threats from U.S. President Donald Trump. Australia’s S&P/ASX 200 traded 0.37% higher at the open. Japan’s Nikkei 225 rose 0.32% […]
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Asia-Pacific markets trade mixed after key Wall Street benchmarks fall on economic concerns
Melbourne’s skyline at dusk Kokkai Ng | Moment | Getty Images Asia-Pacific markets traded mixed Wednesday, tracking declines in two key Wall Street benchmarks overnight after the U.S. consumer confidence survey came in much weaker than economists’ estimates. Japan’s benchmark Nikkei 225 and Topix were in negative territory for the second consecutive day. The Nikkei 225 started the […]
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Asia-Pacific markets open lower as U.S. data stokes fears of sticky inflation and slower growth
Junkboat of Hong Kong at Night Nikada | E+ | Getty Images Asia-Pacific markets opened lower after Wall Street logged its worst session of the year last Friday on lackluster U.S. economic data that pointed to a slowing economy and sticky inflation. Australia’s S&P/ASX 200 extended losses to a sixth straight session, opening 0.81% lower. In […]
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Asia-Pacific markets mixed as investors weigh Japan inflation data, Trump tariff threats
Tokyo, Japan skyline with the Tokyo Tower Chunyip Wong | E+ | Getty Images Asia-Pacific markets trade mixed Friday as investors assessed inflation data from Japan, while the threat of U.S. President Donald Trump’s tariffs dents investor sentiment. Japan’s Nikkei 225 slipped 0.43%, while the Topix declined 0.33%. Japan’s inflation rate in January climbed to […]
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Japan’s inflation rate climbs to a 2-year high of 4% in January, supporting rate hike calls from BOJ members
A customer visits a store at Togoshi Ginza shopping street in Tokyo on January 23, 2025. Philip Fong | Afp | Getty Images Japan’s inflation in January climbed 4% year-on-year, hitting its highest level since January 2023, further strengthening the case for rate hikes by the central bank. The core inflation rate — which excludes […]
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Chinese giant Alibaba posts profit and revenue beat in December quarter amid strength in cloud unit
Signage at the Alibaba Group Holding Ltd. offices in Beijing, China, on Wednesday, March 29, 2023. Alibaba’s overhaul could serve as a template for a restructuring of China Tech itself: a shake-up that achieves Beijings aim of carving up the countrys tech titans while unlocking potentially billions of dollars in pent-up shareholder value. Bloomberg | […]
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