Breaking News: Asia
Bank of Korea holds rate at 2.5% as tighter property rules kick in
Bank of Korea warned there’s a chance of increased volatility following more rate hikes from the Fed, following U.S. Federal Reserve Chair Jay Powell’s speech in Jackson Hole. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s central bank kept its benchmark interest rate unchanged at 2.5% Thursday, extending a […]
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India to cut Russian oil purchases, U.S. to slash tariffs as they near trade deal: Indian media report
U.S. President Donald Trump meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025. Jim Watson | Afp | Getty Images The U.S. could substantially slash tariffs on Indian exports as the two countries near a trade deal that could see New Delhi […]
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Asia markets fall as investors assess Japan trade data; SoftBank plunges over 10%
Mount Fuji and the Shinjuku skyline in Tokyo, Japan, on Friday, Feb. 14, 2025. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets fell Wednesday as investors assessed trade data from Japan and its new government. Japanese exports in September snapped four months of declines, climbing 4.2% year on year, […]
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Japan’s shipments to the U.S. continue to tumble despite trade deal — overall exports rebound
YOKOHAMA, KANAGAWA, JAPAN – 2025/08/28: A loaded container ship is docked inside Tokyo Bay. Sopa Images | Lightrocket | Getty Images Japanese exports in September snapped four months of declines, climbing 4.2% year on year, as shipments to Asia saw robust growth, partially offsetting the drop in exports to the U.S. Exports, however, missed expectations […]
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Asia-Pacific markets set for lower open as banking and trade fears take hold on Wall Street
Activity on Elizabeth Street (at the intersection of Bourke St Mall), Melbourne on a cloudy day. Charlie Rogers | Moment | Getty Images Asia-Pacific markets were set for a weaker open Friday, tracking losses on Wall Street as fears over the banking sector and trade tensions intensified. Shares of regional banks and investment bank Jefferies tumbled on […]
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China consumer prices drop more than expected in September, staying in deflationary territory
Pedestrians pass a Huawei Technologies Co. flagship store in Shenzhen, China, on Wednesday, Oct. 8, 2025. Qilai Shen | Bloomberg | Getty Images China’s consumer prices fell more than expected in September, while the deflation in producer prices persisted, underscoring the impact of sluggish domestic demand and trade worries on consumer and business sentiment. The […]
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China targets five U.S. subsidiaries of South Korea’s Hanwha Ocean, sending shares down 8%
A hull section that will be sent to the final assembly base is loaded onto a semi-submersible vessel at Hanwha Marine Engineering (Shandong) Co LTD in Yantai, China, on September 16, 2024. Costfoto | Nurphoto | Getty Images Shares of South Korean shipbuilder Hanwha Ocean fell more than 8% Tuesday after China sanctioned five of […]
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LG Electronics India shares surge 50% on market debut after bumper initial public offering
LG Electronics India is seeking a valuation of up to 774 billion rupees ($8.71 billion) in its long-delayed initial public offering, tapping into a bustling IPO market with one of India’s largest offerings so far this year. Nurphoto | Nurphoto | Getty Images LG Electronics India’s shares surged 50% on their market debut Tuesday, after the company’s initial […]
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Tata Electronics acquires Chinese iPhone supplier Justech’s India unit for about $100 million, sources say
Key Points Tata Electronics has acquired Chinese industrial firm Justech Precision’s India unit for close to $100 million, according to two people familiar with the matter. Tata Electronics has sought to expand iPhone manufacturing capacity as Apple reportedly aims to make all of the iPhones for the U.S. market in India by end-2026. Apple is […]
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China September exports beat expectations, imports rise at fastest pace since April 2024
A cargo ship carries foreign trade containers on the Jiaozhou Bay waterway in Qingdao, Shandong Province, China, on August 5, 2025. Costfoto | Nurphoto | Getty Images China’s exports climbed at the fastest pace in six months in September, while imports logged their strongest gain in more than a year, even as a trade deal […]
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