South Korea
Asia-Pacific markets were mostly down as Trump tariff threats dent sentiment
Cityscape of Perth, the capital of Western Australia. Georgeclerk | E+ | Getty Images Asia-Pacific markets were mostly down Thursday, as investors weigh U.S. President Donald Trump’s proposed tariffs of about 25% on autos, semiconductors and pharmaceutical imports. Trump, who said the duties could be implemented as soon as April 2, did not specify whether they will be […]
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New downloads of DeepSeek suspended in South Korea, data protection agency says
Deepseek’s logo on Jan. 29, 2025. Andrey Rudakov | Bloomberg | Getty Images South Korea’s data protection authority on Monday said new downloads of the Chinese AI app DeepSeek had been suspended in the country after DeepSeek acknowledged failing to take into account some of the agency’s rules on protecting personal data. The service of […]
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Asia-Pacific markets mostly higher as investors parse Japan GDP growth data
Doctoregg | Moment | Getty Images Asia-Pacific markets traded mostly higher Monday, as investors parsed Japan’s fourth-quarter economic growth data, while awaiting a slew of central bank decisions from the region this week. Japan’s Nikkei 225 traded around the flatline, while the Topix added 0.15%. South Korea’s Kospi added 0.18% andthe small-cap Kosdaq added 0.35%. […]
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As Trump eyes more tariffs, South Korea remains safe haven for GM and Hyundai
President Donald Trump welcomes South Korea’s President Moon Jae-In at the White House in Washington, U.S., May 22, 2018. Carlos Barria | Reuters DETROIT — As President Donald Trump threatens to further increase tariffs on U.S. trading partners, the greatest impact for the auto industry outside of North America would be additional levies on South […]
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Asia-Pacific markets trade higher after Wall Street declines on inflation fears
Tokyo, Japan skyline with the Tokyo Tower Chunyip Wong | E+ | Getty Images Asia-Pacific markets traded higher Thursday, breaking ranks with Wall Street that fell overnight as a stronger-than-expected U.S. inflation reading diminished prospects of policy easing by the U.S. Federal Reserve. Australia’s S&P/ASX 200 rose 0.26%. Japan’s Nikkei 225 rose 1.1% while the […]
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Asia-Pacific markets trade mixed after Fed’s Powell signals no urgency to lower rates
Yusuf Gandhi | 500Px | Getty Images Asia-Pacific markets opened mixed Wednesday after Federal Reserve Chair Jerome Powell signaled there was no urgency to cut rates. Powell on Tuesday re-emphasized the central bank’s focus on curbing inflation and signaled that policymakers were not in a rush to push interest rates lower. Australia’s S&P/ASX 200 traded […]
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Asia-Pacific markets open higher as investors assess Trump tariffs
A view of the city skyline of Lujiazui Shanghai Center in Pudong, Shanghai, China, on March 13, 2024. Cfoto | Future Publishing | Getty Images Asia-Pacific markets opened higher Tuesday, tracking gains on Wall Street that appeared to look past U.S. President Donald Trump’s tariff campaign. Trump on Monday signed an order imposing 25% tariffs on […]
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Asia-Pacific markets fall as investors await India rate decision, assess Japan’s spending data
Japan’s household spending massively beats expectations, boosting case for further BOJ hikes Japan’s household spending in December rose 2.7% year on year in real terms, according to a Friday report from the Statistics Bureau of Japan, massively beating expectations from economists polled by Reuters and marking its first rise since July 2024. The figure sharply […]
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Asia-Pacific markets open higher, shrugging off a week of trade turmoil
Asia-Pacific markets opened higher on Thursday, tracking gains on Wall Street. Source
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Ford CEO calls for ‘comprehensive’ tariff analysis for all countries
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. Rebecca Cook | Reuters DETROIT — Ford Motor CEO Jim Farley on Wednesday said […]
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