Breaking News: Asia
China’s Xi Jinping speaks to entrepreneurs in a rare high-profile meeting amid economic headwinds
BEIJING, CHINA – FEBRUARY 6: Chinese President Xi Jinping (C) speaks during a bilateral meeting with Brunei Sultan Hassanal Bolkiah (not pictured) at the Great Hall of the People on February 6, 2025 in Beijing, China. Andres Martinez Casares | Getty Images News | Getty Images Chinese President Xi Jinping delivered a speech at a […]
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Japan’s economy expands 0.7% in fourth quarter as exports rise sharply; full-year growth slows
Commercial and residential buildings at dusk in the Minato district of Tokyo, Japan. Bloomberg | Bloomberg | Getty Images Japan’s economic expansion in the fourth quarter beat analysts’ expectations for quarter-on-quarter and annualized growth, boosted by a jump in exports, preliminary government data showed Monday. GDP grew 0.7% quarter on quarter, more than the 0.3% […]
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Singapore’s annual GDP expands at fastest pace since 2021, lifted by trade, finance and manufacturing sectors
An undated photography of a night view of the Singapore skyline from the Marina Barrage. Calvin Chan Wai Meng | Moment | Getty Images Singapore’s GDP expanded by 4.4% in 2024, marking its fastest growth since 2021, government data showed Friday, getting a boost from wholesale trade, finance and insurance, and manufacturing sectors. The economy […]
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Asia markets rise after Wall Street gains overnight; Singapore logs faster-than-expected GDP growth
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images Asia-Pacific markets rose Friday, tracking Wall Street gains overnight as President Donald Trump signed a reciprocal tariffs plans, but did not enact the levies on them immediately. Australia’s S&P/ASX 200 started […]
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Trump reciprocal tariffs could come by Thursday, White House says
U.S. President Donald Trump looks on, as he signs executive orders in the Oval Office of the White House in Washington, U.S., Feb. 10, 2025. Kevin Lamarque | Reuters President Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday, the White House said Wednesday. “I […]
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India’s inflation falls for third straight month to 4.31% in January, making case for further monetary easing
India’s central bank held its key interest rate for a seventh straight policy meeting on Friday as growth in the economy is expected to remain robust while inflation stays above the 4% target. Bloomberg | Bloomberg | Getty Images India’s headline inflation dipped year-on-year for a third straight month to 4.31% in January, providing more […]
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Asia-Pacific markets fall as tariff worries dent investor sentiment
Dukai Photographer | Moment | Getty Images Asia-Pacific markets fell Monday, tracking U.S. stocks futures that were lower ahead of key economic data, with escalating trade tensions denting investor sentiment. U.S. President Donald Trump told reporters Sunday that he was planning to announce a blanket 25% tariff on all steel and aluminum imports on Monday, […]
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India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
Sanjay Malhotra, governor of the Reserve Bank of India (RBI), during a news conference in Mumbai, India, on Wednesday, Dec. 11, 2024. India’s newly-appointed central bank governor Malhotra said he will look to uphold stability and continuity in policy in his role. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images The […]
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Japan’s household spending massively beats expectations, boosting case for further BOJ hikes
A customer picks up a snack at a supermarket store in Tokyo, Japan, on Tuesday, July 27, 2021. Noriko Hayashi | Bloomberg | Getty Images Japan’s household spending in December rose 2.7% year on year in real terms, massively beating expectations from economists polled by Reuters and marking its first rise since July 2024. The […]
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Asia-Pacific markets set to rise as Wall Street looks past trade developments
Classic Chinese courtyard featuring a stage and red lanterns hanging Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets were set to mostly climb Wednesday, as Wall Street rose overnight, shrugging off Trump tariffs and China’s retaliation to measures. All eyes will be on China, which will resume trading after the Lunar New Year holidays. The […]
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