Asia Economy

A cycler passes the entrance to the Tokyo Stock Exchange (TSE) headquarters building in the Nihonbashi area of Tokyo on May 2, 2024.Richard A. Brooks | Afp | Getty ImagesJapan's Nikkei was set to over plunge 6% Monday while broader Asia…

Buildings in Pudong's Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty ImagesAsia-Pacific markets climbed on Tuesday, led by Chinese stocks as Beijing announced a slew of policy…

Malaysia is facing inflation and the government is putting in place measures to control rising food prices, the country's domestic trade and consumer affairs minister told CNBC.Given the global trend, "we are going to be affected by…

The International Monetary Fund has warned of further turbulence ahead for financial markets, particularly as governments around the world shift gears into recovery mode.Central banks' moves to tighten monetary policy and curb rising…

The Japanese flag flutters over the Bank of Japan (BoJ) head office building (bottom) in Tokyo on April 27, 2022.Kazuhiro Nogi | Afp | Getty ImagesThe Bank of Japan kept its benchmark interest rate steady at "around 0.25%" — the highest…

Australia's central bank hikes rates by 25 basis points as expectedThe Reserve Bank of Australia raised interest rates by 25 basis points to 3.1% on Tuesday, in line with analysts forecast in a Reuters poll.That's the central bank's…

Residents line up for mass Covid-19 testing on Jan. 9, 2022, in Tianjin, after the municipality reported 20 news cases over the weekend.Feature China | Future Publishing | Getty ImagesBEIJING — China's zero-Covid policy for controlling…

Workers produce heat guns for export at a factory workshop of Zhejiang Prulde Electric Appliance Co Ltd on January 17, 2022, in Jinhua, Zhejiang.Hu Xiaofei | Visual China Group | Getty ImagesBEIJING — China's factory production faces…

China's November retail sales see significant missChina's industrial production for November grew 2.2%, after seeing a growth of 5% in October, according to official data. That's lower than expectations for growth of 3.6% in a Reuters…

Oil prices drop more than $1 on renewed China demand worriesOil prices fell more than 1% with growing concern over China's demand as the nation continued to see an increase of regional Covid cases. Geopolitical concerns were also eased…