Breaking News: Asia
Japan’s Nikkei 225 climbs, yen drops as political uncertainty after elections clouds rate-hike path
TOPSHOT – Officials look on as people vote during the general election at a polling station set up at a local school in Tokyo on October 27, 2024. Japan voted on October 27 in its tightest election in years, with new Prime Minister Shigeru Ishiba and his juggernaut Liberal Democratic Party facing potentially their worst […]
Read More
Asia-Pacific markets set for lower open ahead of Japan elections; Tokyo inflation slows
Tokyo, Japan skyline with the Tokyo Tower Chunyip Wong | E+ | Getty Images Asia-Pacific markets were set to mostly fall Friday, with investors awaiting Japan’s general election over the weekend. Japan also released its October inflation numbers for the capital city of Tokyo on Friday, its last key economic data before the election. The […]
Read More
Asia markets tumble after Wall Street extends declines; South Korea avoids technical recession
Commercial and residential buildings are illuminated at dawn in Seoul, South Korea, on Saturday, Oct. 21, 2023. South Korea has prepared a financial support program of 75.9 trillion won ($56.97 billion) for companies increasing investment in key sectors as well as small businesses struggling with the impact of high interest rates. Bloomberg | Bloomberg | Getty […]
Read More
Tokyo Metro shares gain almost 45% on debut after Japan’s largest IPO in six years
A walkway with sign of subway line in a Tokyo subway station. Bruce Yuanyue Bi | The Image Bank | Getty Images Shares of Japanese subway operator Tokyo Metro rose almost 45% Wednesday after a stellar IPO. The company had raised 348.6 billion yen ($2.3 billion) in the largest initial public offering in Japan in […]
Read More
Asia stocks mostly rise after Wall Street rally stalls; Tokyo Metro market debut in focus
Pokemon game characters of Japanese video game manufacturer Nintendo are on display on a subway train car in Tokyo, Japan. Hitoshi Yamada | NurPhoto | Getty Images Asia-Pacific markets mostly rose Tuesday, with investors awaiting the trading debut of Japan’s subway operator, Tokyo Metro. The company, one of Japan’s leading subway operators and the largest […]
Read More
Asia markets open lower after major U.S. indexes slip; India braces for largest-ever IPO
A bronze bull statue outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, June 3, 2024. India’s stock futures jumped after exit polls indicated a resounding victory for Prime Minister Narendra Modi’s ruling party in general elections that concluded Saturday. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images […]
Read More
China cuts benchmark lending rates by 25 basis points
China’s central bank supplied 14-day cash to its banking system for the first time in months on Monday and at a lower interest rate, signaling its intent to further ease monetary conditions. Jiang Qiming | China News Service | Getty Images China on Monday lowered its main benchmark lending rates by 25 basis points at […]
Read More
Asia-Pacific markets poised for mixed open as investors await China loan prime rate announcement
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 were set to open mixed Monday as traders awaited China’s loan prime rate announcement, while also awaiting Japan’s general election […]
Read More
China’s reports third-quarter GDP growth of 4.6%, slightly beating expectations
China has announced in the past week a series of measures aimed at boosting its economy ahead of a key Politburo meeting later this week focused on reviewing the first half performance of the world’s second-largest economy. Str | Afp | Getty Images China’s National Bureau of Statistics on Friday reported third-quarter GDP growth of […]
Read More
Asia markets mixed as investors assess China economic data, Japan CPI
The skyline of the central business district in Beijing on August 13, 2019. (Photo by WANG Zhao / AFP) WANG ZHAO | AFP | Getty Images Asia-Pacific markets opened mixed Friday, as investors assessed key economic data from China and Japan’s inflation numbers. China’s third-quarter GDP growth rate came in at 4.6% compared to the […]
Read More