Breaking News: Asia
Takaichi’s bid for Japan’s premiership jolted as Komeito quits ruling coalition, NHK reports
Japan’s Liberal Democratic Party (LDP) President Sanae Takaichi (R) and Komeito Party leader Tetsuo Saito attend a meeting of party leaders at the Diet in Tokyo on October 10, 2025. Str | Afp | Getty Images Japan’s Komeito political party is reportedly quitting the country’s ruling coalition led by the Liberal Democratic Party, a move […]
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Hang Seng Bank shares jump 30% on parent HSBC’s privatization bid, valuing it at over $37 billion
Two HSBC bank logos are displayed on an office building in Mexico City, Mexico, July 25, 2025. Henry Romero | Reuters Hang Seng Bank shares jumped 29.5% Thursday after parent HSBC announced plans to take it private, valuing the lender at more than 290 billion Hong Kong dollars (over $37 billion). HSBC, Europe’s largest lender, […]
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Israel, Hamas agree to first phase of Gaza peace plan, allowing release of hostages
US President Donald Trump speaks during a roundtable about “Antifa,” an anti-fascist movement he designated a domestic “terrorist organization” in the State Dining Room of the White House in Washington, DC, on Oct. 8, 2025. Jim Watson | AFP | Getty Images U.S. President Donald Trump announced Wednesday night stateside that Israel and Hamas had […]
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Asia markets set to track Wall Street gains ahead of a potential U.S. government shutdown
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were set to open higher Wednesday, following gains on Wall Street ahead of a potential U.S. government shutdown as lawmakers continue to wrangle over […]
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China manufacturing activity picks up in September — official PMI still in contraction
A worker checks a finished vehicle on the production line for electric vehicle maker Zeekr at its factory on May 29, 2025 in Ningbo, China. Kevin Frayer | Getty Images News | Getty Images China’s official gauge for manufacturing activity showed a smaller-than-expected contraction in September as Beijing intensified its efforts aimed at curbing industrial […]
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Trump slaps 25% tariffs on heavy trucks imports, starting Oct. 1
In an aerial view, trucks line up to enter a shipping berth at the Port of Oakland on Aug. 26, 2025 in Oakland, California. Justin Sullivan | Getty Images U.S. President Donald Trump said Thursday night stateside that he would impose a 25% tariff on imported heavy trucks from Oct. 1, part of his broader […]
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Asian pharma stocks fall after Trump slaps 100% levies on branded drugs
Cityscape and Tokyo Tower at sunset, Tokyo, Japan. © Marco Bottigelli | Moment | Getty Images Shares of Asian pharmaceutical companies fell Friday after U.S. President Donald Trump announced fresh tariffs on furniture, heavy trucks and pharmaceutical products. Starting from Oct. 1, “any branded or patented Pharmaceutical Product” faces 100% duties, except for companies that […]
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U.S. expands tariff dragnet to masks, syringes, pacemakers and robotics in sweeping import probe
A Fanuc robotic arm moves bins of products during a media tour of the Amazon.com Inc. DAB2 fulfillment center in Daytona Beach, Florida, US, on Tuesday, Sept. 23, 2025. The DAB2 fulfillment center is Amazon’s seventh robotics fulfillment center in Florida. Photographer: Miguel J. Rodriguez Carrillo/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images […]
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Asia-Pacific markets trade mixed as investors sell tech names on Wall Street
People watch the first sunrise of the new year from a footbridge overlooking the city skyline in Seoul on January 1, 2024. Jung Yeon-je | Afp | Getty Images Asia-Pacific markets traded mixed Thursday, after investors continued selling tech names on Wall Street like Nvidia and Oracle for a second straight day. Nvidia slid almost […]
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China leaves benchmark lending rates unchanged as expected, despite Fed rate cut
BEIJING, CHINA – OCTOBER 12: The People’s Bank of China (PBOC) building is pictured on October 12, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images China kept its benchmark lending rates unchanged for the fourth straight month on Monday despite the U.S. Federal Reserve’s interest rate cut last week. The People’s […]
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