Breaking News: Asia
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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Nikkei 225 and Topix plunge over 7% on open, futures trading suspended due to circuit breaker
Sunset view of Yarra river and Melbourne skyscrapers business office building with evening skyline in Victoria, Australia. Australia tourism, modern city life, or business finance and economy concept Prasit Photo | Moment | Getty Images Asia-Pacific markets extended their sell-off Monday as fears over a global trade war sparked by U.S. President Donald Trump’s tariffs […]
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China to impose 34% retaliatory tariff on all goods imported from the U.S.
China’s Finance Ministry on Friday said it will impose a 34% tariff on all goods imported from the U.S. starting on April 10, following duties imposed by U.S. President Donald Trump’s administration earlier this week. “China urges the United States to immediately cancel its unilateral tariff measures and resolve trade differences through consultation in an equal, respectful and […]
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South Korea’s Constitutional Court upholds impeachment of President Yoon, ousting him from office
South Korea’s impeached President Yoon Suk Yeol arrives for his impeachment trial at the Constitutional Court in Seoul, South Korea, on Jan. Kim Hong-ji | Reuters South Korea’s Constitutional Court Friday upheld the impeachment of President Yoon Suk Yeol, ousting him from office. The decision now starts a 60-day countdown where a presidential election must […]
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Asia-Pacific markets poised to plunge following Trump’s hefty tariffs on countries in the region
Sunset view of Yarra river and Melbourne skyscrapers business office building with evening skyline in Victoria, Australia. Australia tourism, modern city life, or business finance and economy concept Prasit Photo | Moment | Getty Images Asia-Pacific markets are poised to plunge on Thursday, after U.S. President Donald Trump imposed hefty reciprocal tariffs on over 180 […]
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Reserve Bank of Australia expectedly keeps interest rates steady at 4.1%
The Reserve Bank of Australia (RBA) building is seen behind construction fences on August 06, 2024 in Sydney, Australia. Lisa Maree Williams | Getty Images News | Getty Images The Reserve Bank of Australia on Tuesday expectedly held its benchmark policy rate at 4.1%, despite having flagged earlier that inflation was declining at a faster […]
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Asia-Pacific markets rise after key Wall Street indexes gain overnight
Night shot of Sydney, Australia. Darling harbour in the middle left, looking right out to the horizon where the sun has just set. Mike Mackinven | Moment Open | Getty Images Asia-Pacific markets climbed Tuesday, after two key Wall Street benchmarks rose as investors awaited clarity on U.S. President Donald Trump’s tariff rollout. Japan’s benchmark Nikkei […]
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