Breaking News: Asia
Bank of Japan to slow cuts to government bond purchases from April next year as growth risks loom
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images Japan’s central bank on Tuesday said it would slow the cuts to government bond purchases from April next year, while it also held the benchmark rate at 0.5% amid rising […]
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Asia-Pacific markets trade mixed as investors assess Israel-Iran conflict; BOJ stands pat on rates
Sunset at Shinjuku , Tokyo – Japan. Xavierarnau | E+ | Getty Images Asia-Pacific markets traded mixed Tuesday, as investors assessed the Israel-Iran conflict after U.S. President Donald Trump urged “everyone” to immediately evacuate Tehran. The president subsequently left the Group of Seven summit a day earlier due to the Middle East crisis. Fitch Ratings […]
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China May retail sales grow at fastest pace since December 2023; industrial output misses expectations
Key Points Retail sales jumped 6.4% from a year earlier in May, sharply beating analysts’ estimates for a 5% growth in a Reuters poll and accelerating from the 5.1% growth in the previous month. Growth in industrial output slowed to 5.8% year-on-year in May, slightly weaker than analysts’ expectations for a 5.9% rise. The urban […]
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Asia-Pacific markets set to open subdued as Israel-Iran tensions dent investor sentiment
Beijing Central Business District, mix of offices and apartments Ispyfriend | E+ | Getty Images Asia-Pacific markets were set to open subdued Monday, as the escalating Israel-Iran tensions weigh down investors’ sentiment. Oil prices jumped as Israel and Iran exchanged strikes, while gold prices rallied, as investors sought refuge in the safe haven metal with […]
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India’s headline inflation eases to cooler-than-expected 2.82% in May as food prices slide
People buying vegetables at a local market in Noida, Uttar Pradesh on August 22, 2023. (Photo by Chandradeep Kumar/ The India Today Group via Getty Images) The India Today Group | The India Today Group | Getty Images India’s consumer inflation eased to a cooler-than-expected 2.82% in May, the country’s Ministry of Statistics and Programme […]
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Air India Boeing 787 bound for London with 242 aboard crashes after takeoff in India
An Air India Boeing 787-8 Dreamliner. Sopa Images | Lightrocket | Getty Images An Air India Boeing Dreamliner plane with 242 passengers and crew aboard crashed shortly after takeoff from Ahmedabad in western India, local officials and the carrier said Thursday. “The injured are being taken to the nearest hospitals,” Air India said in a […]
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China-U.S. agree on framework to implement Geneva trade consensus after second day of London talks
Key Points The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London, according to an NBC transcript. The negotiators will now seek approval on the framework from the U.S. and Chinese presidents, before implementing it. The talks follow a breakthrough trade agreement reached in mid-May that […]
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Asia-Pacific markets set to mostly climb on optimism over progress in U.S.-China trade talks
Maremagnum | Corbis Documentary | Getty Images Asia-Pacific markets were set to mostly climb Wednesday as investors continue to track trade discussions between the U.S. and China, which U.S. Commerce Secretary Howard Lutnick described as being “productive.” The talks between officials from both superpowers had continued for a second day in London on Tuesday. U.S. Treasury […]
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Asia-Pacific markets climb as investors await details of U.S.-China trade talks
Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise. pongnathee kluaythong | Moment | Getty Images Asia-Pacific markets climbed Tuesday as investors awaited further details on the U.S.-China trade talks, which were slated to continue for a second day. Officials from both countries held trade talks in […]
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China consumer prices slump again, deepening deflation worries as demand stays weak
A woman takes pictures with a Labubu doll at a Pop Mart store in Shanghai, China, on June 5, 2025. Ying Tang | Nurphoto | Getty Images China’s consumer prices fell for a fourth consecutive month in May, as Beijing’s stimulus measures appear insufficient to boost domestic consumption, with price wars in the auto sector […]
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