U.S., China CPI, South Korea rate decision

U.S., China CPI, South Korea rate decision

Drone point view of the Shanghai skyline at sunrise. Aerialperspective Images | Moment | Getty Images Asia-Pacific markets opened mixed on Monday as investors awaited key economic data from the U.S. and China later this week, while election results in France overnight signaled a hung parliament. France’s left-wing New Popular Front coalition on Sunday unexpectedly … Read more

Japan stock markets hit record high—Nikkei, Topix rally sustainable?

Japan stock markets hit record high—Nikkei, Topix rally sustainable?

This photo taken on May 2, 2024 shows a general view of the entrance to the Tokyo Stock Exchange (TSE) headquarters building in the Nihonbashi area of Tokyo.  Richard A. Brooks | Afp | Getty Images Japanese stocks have been on a stellar run in 2024. In February, the country’s benchmark Nikkei 225 smashed through … Read more

AI drives up earnings, shares pop

AI drives up earnings, shares pop

The Samsung logo is on display at their pavilion during the Mobile World Congress in Barcelona, Spain, on February 28, 2024. (Photo by Joan Cros/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Samsung Electronics jumped to their highest level since January 2021 after the South Korean tech giant said it expects … Read more

India and China agree to resolve border-related issues ‘at the earliest’

India and China agree to resolve border-related issues ‘at the earliest’

Armoured vehicles of the Indian army at a military camp in Eastern Ladakh on May 19, 2024.  Tauseef Mustafa | Afp | Getty Images India and China have agreed to intensify efforts aimed at resolving their longstanding border issues, according to a statement by India’s external affairs ministry. China’s Foreign Minister Wang Yi and his Indian … Read more

Japan stocks record, Singapore retail sales

Japan stocks record, Singapore retail sales

People commuting to work in the morning cross a pedestrian crossing in Tokyo on February 15, 2024.  Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets were mostly up, with Japan’s key benchmark hitting new highs on Friday, after scaling record peaks in the previous session. Japan’s Nikkei 225 continued its record-breaking run, climbing 0.46% … Read more

China’s working population is shrinking, facing low birth rate

China’s working population is shrinking, facing low birth rate

Fertility rates across OECD countries have halved since 1960, according to a new OECD report. Leren Lu | Stone | Getty Images China’s population is shrinking, and the demographic shift will ultimately hurt its economy, shrink the labor force and put pressure on fiscal policy. “The working age population [in China] will fall so rapidly … Read more

Nasdaq, S&P 500 record, Topix reaches all-time high

Nasdaq, S&P 500 record, Topix reaches all-time high

The Exchange Square Complex, which houses the Hong Kong Stock Exchange. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets rose Thursday morning as Japan’s Topix crossed its all-time high of 2,886.50, previously set in December 1989. The Topix jumped 0.56% in early morning trading, while the Nikkei 225 rose 0.55%. The Nikkei is less than … Read more

South Korea reveals tax cuts for companies, support for small businesses

South Korea reveals tax cuts for companies, support for small businesses

South Korea’s President Yoon Suk Yeol speaks during a ceremony held to mark the 74th anniversary of the start of the 1950-1953 Korean War, in Daegu on June 25, 2024. Ahn Young-joon | Afp | Getty Images South Korean President Yoon Suk Yeol has announced tax cuts for companies that increase capital returns to shareholders … Read more

Philippines surpasses China to be most dependent on coal-generated power

Philippines surpasses China to be most dependent on coal-generated power

Coal-fired power plants in Mariveles, Bataan, the Philippines, on June 6, 2023. Bloomberg | Bloomberg | Getty Images The Philippines’ dependency on coal-fired power surged 62% last year, overtaking China, Indonesia and Poland, according to London-based energy think-tank Ember. The Philippines was also the most coal-dependent country in Southeast Asia in 2023, as adoption of … Read more

Japan, China, India PMI; Powell inflation comments

Japan, China, India PMI; Powell inflation comments

A block of industrial factories sits among newer apartment buildings along a canal in Tokyo, Japan.  Photo By Michael Russell | Moment | Getty Images Asia-Pacific markets opened higher on Wednesday, after U.S. Federal Reserve Chair Jerome Powell noted progress on inflation, but reiterated patience on cutting rates at a central banking forum. Traders in … Read more