Breaking News: Asia
Asia-Pacific markets open higher after S&P 500 and Dow hit new highs: Live updates
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Aug. 5, 2024. Noriko Hayashi | Bloomberg | Getty Images Asia-Pacific markets are set to open higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as […]
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Mining giant Rio Tinto to acquire Arcadium Lithium in $6.7 billion deal
The Rio Tinto Ltd. booth on the opening day of the Investing in African Mining Indaba in Cape Town, South Africa, on Monday, Feb. 6, 2023. Dwayne Senior | Bloomberg | Getty Images The world’s second-largest miner Rio Tinto said Wednesday it will acquire U.S. lithium producer Arcadium for $6.7 billion. Rio Tinto said the […]
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New Zealand central bank slashes rates by 50 basis points in second straight rate cut
A security guard stands in the main entrance to the Reserve Bank of New Zealand located in central Wellington, New Zealand, July 3, 2017. David Gray | Reuters New Zealand’s central bank has slashed its benchmark interest rate by 50 basis points after its monetary policy meeting, marking a second straight cut to its benchmark […]
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Asia markets poised to rebound after Wall Street rally; central bank decisions in focus: Live updates
New Zealand’s central bank is expected to slash its policy rate by 50 basis points to 4.75%, while the Reserve Bank of India is expected to hold rates at 6.5% Source
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Mainland China markets open sharply higher, extending stimulus rally after weeklong break; Hong Kong plunges
A customer watches stock market at a stock exchange in Hangzhou, China, on September 27, 2024. Costfoto | Nurphoto | Getty Images SINGAPORE — Chinese markets skyrocketed over 10% at the open Tuesday, after coming back from the Golden Week holiday as the rally from Beijing’s stimulus measures continued. The CSI 300 index was up […]
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Japan’s Nikkei rises over 2% as Asia markets climb; central bank decisions in focus this week
In a photo taken on November 4, 2019 a subway train crosses a rail bridge over the Han river, before the skyline of the Yeouido business district of Seoul. Ed Jones | Afp | Getty Images Asia-Pacific markets mostly climbed on Monday, led by Japan’s Nikkei 225 rising almost 2% as investors look ahead to […]
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Singapore court charges property billionaire Ong Beng Seng over scandal involving former minister
Billionaire hotelier Ong Beng Seng attends a news conference in Singapore May 11, 2007. SINGAPORE — Singapore on Friday charged property billionaire Ong Beng Seng on two counts relating to the obstruction of justice and abetment, according to local media, in a case involving a former government minister. Ong, a Singapore-based Malaysian businessman, is the […]
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Japan PM Shigeru Ishiba asks ministers to craft economic relief package to cushion inflation impact
TOKYO, JAPAN – OCTOBER 1: Japan’s new Prime Minister Shigeru Ishiba attends a press conference at the prime minister’s office on October 1, 2024 in Tokyo, Japan. Yuichi Yamazaki | Getty Images News | Getty Images Japanese Prime Minister Shigeru Ishiba said he has asked ministers to formulate an economic relief package to ease the […]
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Asia-Pacific markets mixed after Powell signals smaller rate cuts; China markets closed for holiday
Commercial and residential buildings in the Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Akio Kon | Bloomberg | Getty Images Asia-Pacific markets are mixed on Tuesday, after Federal Reserve Chair Jerome Powell indicated the recent outsized cuts enacted by the U.S. central bank should not be interpreted as a sign that future […]
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China’s factory activity contracts less than expected in September
A worker assembling a loader transmission mechanism at a manufacturer in Qingzhou, China. Nurphoto | Nurphoto | Getty Images China’s factory activity contracted for a fifth consecutive month in September as the world’s second-largest economy struggles to revive its growth momentum. The official manufacturing purchasing managers’ index came in at 49.8 in September, compared with […]
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