South Korea
Asian auto stocks extend declines as Trump tariffs on car imports dent sentiment
Vehicles awaiting shipment are parked at a port on March 27, 2025 in Yokohama, Japan. U.S. Tomohiro Ohsumi | Getty Images Asian auto stocks fell for a second straight day as investors fretted over U.S. President Donald Trump’s tariffs on cars and certain automobile parts not made in the country. Japanese automakers Toyota and Honda […]
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Asia-Pacific markets set to open lower as Trump tariff threats keep investors on edge
Australia, New South Wales, Sydney Scott E Barbour | The Image Bank | Getty Images Asia-Pacific markets were set to open lower Friday, tracking losses on Wall Street as U.S. President Donald Trump’s tariffs kept investors on edge. Australia’s S&P/ASX 200 slipped 0.19% as Prime Minister Anthony Albanese announced a national election on May 3, […]
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Why GM stock is getting hit the hardest by Trump auto tariffs
The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico, on Feb. 11, 2021. Daniel Becerril | Reuters As auto stocks reacted to the latest tariff announcement out of Washington, D.C., on Thursday, General Motors took the brunt of the hit. Shares of […]
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Asia markets set for higher open after Wall Street extends gains on hopes of softer Trump tariffs
pedestrians walking across with crowded traffic at Shibuya crossing square.Shibuya crossing is the busiest road crossing in the world. Shibuya, Tokyo, Japan, Jaczhou | E+ | Getty Images Asia-Pacific markets were set to open higher Wednesday, tracking Wall Street gains on expectations that U.S. President Donald Trump’s tariffs could be softer than expected earlier. Australia’s […]
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These 10 Asian markets offer high returns on short-term rentals — half top $40,000 a year
Short-term rentals in Hakuba, Japan on average, bring in over $60,000 annually, according to new data by AirDNA. Oscar Wong | Moment | Getty Images Starting a short-term rental business can be very lucrative if done correctly. One of the biggest initial hurdles is picking the right market to purchase a property, which can play […]
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Asia-Pacific markets trade mixed as U.S. economic uncertainties linger
Shares of Mitsubishi Motors climb after reports of Foxconn collaboration Shares of Mitsubishi Motors rose 4.5% after reports that it is closing in on an EV collaboration deal with Taiwan’s Foxconn, according to Nikkei citing sources close to the matter. Discussions have been ongoing for over six months, sources were cited as saying. —Lee Ying […]
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Samsung CEO says company will pursue deals as it struggles for growth
Han Jong-hee, co-chief executive officer of Samsung Electronics Co., speaks at the company’s annual general meeting at the Suwon Convention Center in Suwon, South Korea, on Wednesday, March 19, 2025. SeongJoon Cho | Bloomberg | Getty Images Samsung Electronics said on Wednesday it is looking at major deals to drive growth as it faced tough questions from shareholders after its failure to […]
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Private equity is heading for a shake-up, experts say: ‘This market actually is a good reset’
Serena Tan, CEO of Gaia Investment Partners and Scott Hahn, CEO of Hahn & Co at CNBC’s CONVERGE LIVE on Thursday, March 13, Singapore. CNBC The private equity market could be heading for a shake-up, with several fund managers facing difficulties in raising cash, Serena Tan, CEO of Gaia Investment Partners, a Malaysian fund of […]
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South Korea’s mint is grappling with a gold bar shortage as supply constraints bite
Gold bars arranged at the Korea Gold Exchange store in Seoul, South Korea. SeongJoon Cho | Bloomberg | Getty Images South Korea’s state-run mint is grappling with a gold bar shortage amid robust demand for the precious metal. The Korea Minting and Security Printing Corporation (KOMSCO), which is responsible for the production and distribution of […]
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Asia-Pacific markets set to open higher after Wall Street rises on Trump auto tariff concessions
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 were set to open higher Thursday, as Wall Street rose overnight after U.S. President Donald Trump postponed tariffs on certain automakers. Australia’s S&P/ASX 200 […]
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