Breaking News: Asia
Asia-Pacific markets set to open mostly higher after tech rally lifts Wall Street
Landscape of Songdo International City. Incheon, South Korea. Photograph By Kangheewan. | Moment | Getty Images Asia-Pacific markets were set to open mostly higher Wednesday after Wall Street rose on the back of a tech rally, led by chipmaker Nvidia. Shares in the artificial intelligence darling advanced nearly 3%, extending Monday’s gains and driving Nvidia’s […]
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China’s May factory activity unexpectedly shrinks, clocking its worst drop since 2022: Caixin
JIMO, CHINA – MAY 21: Car bodies are assembled at a factory of FAW-Volkswagen Automotive Co., Ltd Qingdao Branch on May 21, 2025 in Jimo, Qingdao City, Shandong Province of China. Visual China Group | Getty Images China’s manufacturing activity in May shrank at its fastest pace since September 2022, a private survey showed Tuesday, […]
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Asia-Pacific markets set to mostly rise after Wall Street looks past global trade frictions
Aaron Foster | The Image Bank | Getty Images Asia-Pacific markets were set to mostly rise Tuesday following gains on all three Wall Street benchmarks overnight, despite mounting global trade frictions. China pushed back against the U.S.’ accusations that it had violated a temporary trade agreement. Instead, the Asian powerhouse blamed Washington for failing to uphold […]
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China says the U.S. undermined Geneva trade deal after Trump accuses Beijing of violations
The U.S. and Chinese flags are seen on the day of a bilateral meeting between the U.S. and China, in Geneva, Switzerland, May 10, 2025. Keystone/eda/martial Trezzini | Via Reuters China on Monday refuted Washington’s claims that it had broken the Geneva trade agreement, instead accusing the U.S. for breaching deal terms, signaling talks between […]
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Trump accuses China of violating preliminary trade deal
Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images President Donald Trump on Friday accused China of violating a preliminary trade agreement with the United States. Trump made the claim in a social media post a day after Treasury Secretary Scott Bessent said that trade talks with […]
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India’s economy grew by faster-than-expected 7.4% in the March quarter
Indian tourists and Kashmiris walk near the clock tower (Ghanta Ghar) in Srinagar, Jammu and Kashmir, on May 28, 2025. Firdous Nazir | Nurphoto | Getty Images India’s economy expanded at a faster-than-expected annual rate of 7.4% in the quarter ended in March, despite mounting global economic uncertainty. The print for the gross domestic product […]
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Asia-Pacific markets set to open lower as weakness in the U.S. dents investor sentiment
A HDR evening shot taken at sunset of the Tokyo skyline. Fgm | E+ | Getty Images Asia-Pacific markets were set to decline Friday, with a slowing U.S. economy, inflation fears and uncertainties from the judicial developments surrounding U.S. President Donald Trump’s “reciprocal” tariffs weighing on investor sentiment. The U.S. Court of International Trade ruled […]
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Bank of Korea lowers interest rates for the fourth time, flags more cuts ahead
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 industrial profits rise 3% in April after output beat estimates despite U.S. tariffs
An employee works on a vehicle crankshaft production line at a factory which produces engine parts in Binzhou, in eastern China’s Shandong province on March 14, 2025. Str | Afp | Getty Images China’s industrial profits rose for a second straight month in April, official data showed Tuesday, despite prohibitive U.S. tariffs and persistent deflationary […]
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Asia-Pacific markets set for muted open as investors assess Trump’s tariff plans
Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Asia-Pacific markets are set to have a muted open Tuesday, as investors assessed U.S. President Donald Trump’s postponement of 50% tariffs on European Union imports. Japan’s benchmark Nikkei 225 was set to open slightly higher, with the futures […]
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