Breaking News: Asia
Asia-Pacific markets mostly rise after tech rally pushes Wall Street higher
The view of Nanjing Road East Pedestrian Mall, the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets mostly rose Tuesday after all three key benchmarks on Wall Street rose on a tech rally. Japan’s benchmark Nikkei 225 started the day 1.12% higher, while the broader Topix […]
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Singapore sees zero growth as a possibility this year as it cuts GDP outlook on tariff worries
View of MAS building, Singapore Lee Yen Nee Singapore on Monday eased its monetary policy for the second straight time, as the city-state sees zero growth this year as a possibility after posting a lower-than-expected GDP expansion of 3.8% for the first quarter. The Monetary Authority of Singapore had eased its policy stance in its […]
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China exports skyrocket over 12% in March while imports extend declines as trade war worsens
A general view of the container terminal in Qianwan of Qingdao Port, a port in Shandong Province, China, March 17, 2023. CFOTO | Future Publishing | Getty Images China’s exports jumped more than expected in March as businesses frontloaded outbound shipments to avoid prohibitive U.S. tariffs, while imports extended declines as sluggish domestic demand persisted. […]
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Asia-Pacific markets set to climb after Trump pauses tariffs on consumer electronics
A Chinese flag flies high over The Bund. Liu Liqun | Corbis Documentary | Getty Images Asia-Pacific markets were set to climb Monday as U.S. President Donald Trump paused tariffs on some consumer electronics, boosting risk sentiment. Trump exempted smartphones and computers as well as other devices and components such as semiconductors from his new “reciprocal” tariffs, […]
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China strikes back with 125% tariffs on U.S. goods, starting April 12
U.S. and Chinese flags and a “125% tariffs” label are seen in this illustration taken April 10, 2025. Dado Ruvic | Reuters China has retaliated against the U.S. President Donald Trump’s reciprocal tariffs by raising its levies on U.S. goods to 125% from 84%, Customs Tariff Commission of the State Council said in a statement on Friday. […]
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China consumer prices drop 0.1% in March signaling rising deflationary pressures
A customer selects vegetables at a supermarket in Mengzi City, southwest China’s Yunnan Province, Feb. 9, 2025. Xinhua News Agency | Xinhua News Agency | Getty Images Consumer prices in China slid 0.1% year on year in March, remaining in deflationary territory after having contracted 0.7% in February. Economists polled by Reuters had expected a […]
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Japan’s Nikkei set to jump 11% after Trump tariff pause spurs mammoth rally on Wall Street
The view of Nanjing Road East Pedestrian Mall the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets were to set to mostly rise Thursday, following Wall Street’s biggest burst of buying since 2008 after U.S. President Donald Trump announced a 90-day pause on higher tariffs on […]
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China to raise reciprocal tariffs on U.S. goods to 84%
The Chinese flag flies in Tiananmen square, as seen from the Great Hall of the People where meetings of the National People’s Congress continued in Beijing on March 6, 2025. Greg Baker | Afp | Getty Images China on Wednesday said it would increase its reciprocal tariffs on U.S. goods to 84% from 34% previously, […]
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China says it will continue to take ‘resolute and forceful’ countermeasures as U.S. tariffs kick in
04 March 2025, China, Peking: Lin Jian, a spokesman for the Chinese Foreign Ministry, answers questions from journalists. Johannes Neudecker | Picture Alliance | Getty Images China’s foreign ministry reiterated Wednesday that Beijing will take “resolute and forceful” measures to protect its own interests, after net total tariffs of 104% on Chinese imports into the […]
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China says it will ‘fight to the end’ after Trump threatens 50% higher tariffs
The Chinese flag flies in Tiananmen square, as seen from the Great Hall of the People where meetings of the National People’s Congress continued in Beijing on March 6, 2025. Greg Baker | Afp | Getty Images China’s Commerce Ministry said it “resolutely opposes” U.S. President Donald Trump’s threat of escalating tariffs, and vowed to […]
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