Breaking News: Asia
China pledges more financial support for ‘whitelist’ real estate projects
A pedestrian crosses a road in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images China vowed more financial support for real estate projects that fall under its so-called whitelist and to speed up banks lending of 4 trillion yuan ($561.8 billion) for such projects, according to the nation’s housing […]
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Asia-Pacific markets open higher as Dow reaches new highs; Japan trade misses
A flag of Japan flies near cargo containers at Tokyo’s Odaiba Waterfront on August 6, 2020. BEHROUZ MEHRI | Contributor | Getty Images Asia-Pacific markets opened higher on Tuesday, following gains on Wall Street that saw the Dow Jones Industrial Average reach a record close amid a strong start to the earnings season. Investors in Asia […]
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Japan’s Nikkei leads declines in Asia-Pacific markets after Wall Street falls
Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets opened lower Wednesday, with Japan’s Nikkei leading losses, following declines on Wall Street. Investors will be watching for more stimulus measures to prop up the real estate sector […]
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Asian semiconductor stocks rise after shares of AI chip darling Nvidia hit a record high
A man wearing a mask walks past a Nvidia logo in Taipei, Taiwan. Sopa Images | Lightrocket | Getty Images Asian chip stocks rose on Tuesday after Nvidia closed at a record high overnight as the chip company continues to ride the massive artificial intelligence wave. Stocks tied to Nvidia suppliers as well as other […]
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Asia-Pacific markets open higher after key Wall Street benchmarks hit record highs
The port at Busan, South Korea, in 2020. South Korea and Japan are especially dependent on shipping lanes that traverse the South China Sea, linking them to the Indian Ocean, Persian Gulf and beyond. SeongJoon Cho | Bloomberg | Getty Images Asia-Pacific markets opened higher Tuesday, following gains on Wall Street that saw the Dow […]
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China’s exports and imports grew far less than expected in September
Key Points China’s exports grew by 2.4% in September from a year ago in U.S. dollar terms, while imports rose by 0.3%, customs data showed Monday. Source
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Asia markets poised to open higher after China weekend breifing, regional economic data in focus
“China’s growth recovery and north Asia’s earnings rebound in 2024 remain our key investment themes and overweight areas,” Goldman Sachs’ strategists, led by Timothy Moe, wrote in a Saturday note. Vcg | Visual China Group | Getty Images Asia-Pacific markets were set to open higher Monday, as investors assess China’s weekend press briefing and await […]
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Bank of Korea trims interest rates after holding for almost two years
Pedestrians crossing a road in front of the Bank of Korea headquarters in Seoul on July 13, 2022. South Korean economic growth unexpectedly picked up in the second quarter as strong consumption on eased Covid-19 restrictions offset poor exports, supporting the case for further central bank interest rate hikes. Jung Yeon-je | Afp | Getty […]
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Asia markets open mostly higher after declines on Wall Street; BOK rate decision in focus
Signage for Bank of Korea is displayed atop the central bank’s headquarters building in Seoul, South Korea, on Thursday, Aug. 16, 2018. South Korea’s central bank hiked interest rates for a second consecutive meeting on Thursday to wrestle consumer inflation down from 13-year highs, and further raised its projections for prices to rise to their […]
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Asia-Pacific markets gain ahead of U.S. inflation data; China stocks resume rally
A general view of the Shanghai Securities Exchange building is being shown in Shanghai, China, on July 16, 2024. Nurphoto | Nurphoto | Getty Images SINGAPORE — Asia-Pacific markets closed higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as investors shrugged off […]
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