Breaking News: Asia
Asia markets trade mixed as investors await China rate decision
The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Peng Song | Moment | Getty Images Asia-Pacific markets saw a mixed open on Friday as investors digest inflation data out of Japan and await an interest rate decision […]
Read More
Asia markets tumble after Fed’s cautionary outlook prompts Wall Street sell-off; BOJ keeps rate on hold
Japan ,Tokyo City skyline, Tokyo Tower. Prisma By Dukas | Universal Images Group | Getty Images Asia-Pacific stocks and currencies fell Thursday, amid a broader market sell-off after the U.S. Federal Reserve delivered its third consecutive rate reduction and signaled fewer rate cuts ahead. Investors assessed the Bank of Japan’s decision to keep its policy […]
Read More
Bank of Japan holds rates at 0.25%
Bank of Japan governor Kazuo Ueda attends a press conference after a two-day monetary policy meeting at the BOJ headquarters in Tokyo on October 31, 2024. Richard A. Brooks | Getty Images The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%. The decision comes a day after the U.S. Federal […]
Read More
Kioxia shares climb 10% on debut in Tokyo after $800 million IPO
A man walks out of the building where the headquarters of Kioxia, the world’s third largest manufacturer of NAND flash memory chips, is located in central Tokyo on August 23, 2024. Richard A. Brooks | Afp | Getty Images Shares of Japan computer memory manufacturer Kioxia rose about 10% on its debut in Tokyo after […]
Read More
Nissan shares surge 22% after media reports on potential mega merger with Honda
Makoto Uchida (L), president and CEO of Japanese auto maker Nissan, shakes hands with Toshihiro Mibe (R), director, president and representative executive officer of auto maker Honda, following a press conference in Tokyo on August 1, 2024. Richard A. Brooks | Afp | Getty Images Nissan Motor shares surged Wednesday following a media report that […]
Read More
Asia markets open mixed following losses on Wall Street; Japan trade data in focus
Containers at a shipping terminal in Yokohama, Japan on Oct. 18, 2021. Japan’s trade deficit surged in September as imports overwhelmed export growth. Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets opened mixed on Wednesday, following losses on Wall Street that saw the Dow Jones Industrial Average tumble for a ninth straight day. Investors in Asia […]
Read More
China’s November retail sales miss expectations as real estate slump deepens
Shoppers pass a Huawei Technologies Co. store on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg | Getty Images China’s retail sales rose by 3% in November from a year ago, according to National Bureau of Statistics data released Monday, missing the forecast of 4.6% in a Reuters […]
Read More
Asia markets mostly rise as central bank decisions take the spotlight
View of the headquarters of the Bank of Japan in Tokyo. Sopa Images | Lightrocket | Getty Images Asia-Pacific markets mostly climbed on Monday, with investors looking to several major central back decisions due this week including the Bank of Japan and the People’s Bank of China. The Federal Reserve’s decision on Dec. 18 stateside […]
Read More
Asia markets fall as investors assess China’s stimulus vows after high-level economic meeting
A line of trucks parked outside a shipping terminal in Yokohama, Japan, on Monday, Dec. 4, 2023. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets fell Friday, mirroring moves on Wall Street that was weighed down by a hotter-than-expected producer price inflation reading. The producer price index, which measures wholesale inflation, climbed 0.4% for November, higher […]
Read More
China stresses plans to boost growth at top agenda-setting meeting
BEIJING, CHINA – NOVEMBER 9: Chinese President Xi Jinping attends a meeting with Indonesian President Prabowo Subianto (not pictured) at the Great Hall of the People on November 9, 2024 in Beijing, China. Florence Lo | Getty Images China affirmed its recent policy shifts and stressed plans to boost growth in a high-level economic planning […]
Read More