Asian Markets
LATEST NEWS FROM ASIAN MARKETS
Asian Markets
China's total gold imports via Hong Kong fall 1.5% m/m in May
China's total gold imports via Hong Kong fell 1.5% in May from April, Hong Kong Census and Statistics Department data showed on Friday.
Asian Markets
Philippines revises 2025 growth target down to 5.5% to 6.5%
The Philippines revised its growth target for this year to 5.5% to 6.5%, down from 6.0% to 8.0%, the budget secretary said on Thursday.
Asian Markets
Indian refiners' May crude processing edges up 0.4% from a year earlier
Indian refiners' throughput in May rose 0.4% year-on-year to 5.47 million barrels per day (23.11 million metric tons), provisional government data showed on Thursday.
Asian Markets
China's consumption push will support global growth, Premier Li says
Chinese premier Li Qiang said on Thursday reforms and a shift to a consumption-led model in the world's No. 2 economy will help it continue to be the world's biggest driver of econ...
Asian Markets
South Korea President Lee says economy in 'desperate' situation
South Korea President Lee Jae Myung asked the parliament to swiftly approve the $14.7 billion of extra government spending as the economy is in "desperate" situation across domesti...
Asian Markets
Hong Kong's de facto central bank intervenes as Hong Kong dollar hits weak end of trading range
Hong Kong's de facto central bank said on Thursday it sold 1.2 billion U.S. dollars against the Hong Kong dollar, which hit the weak end of its trading band.
Asian Markets
China's collateral demands curbing emerging countries' ability to manage finances, study shows
China's practice of securing its loans to low-income nations through commodity revenue streams and cash held in restricted escrow accounts is curbing their ability to manage their ...
Asian Markets
Japan's NTT DATA Group targets July listing of data centre REIT on Singapore exchange
Japan's NTT DATA Group could list its data centre real estate investment trust on the Singapore stock exchange as early as July, two sources with knowledge of the matter said, in a...
Asian Markets
Japan government to consider cutting this year's growth forecast, sources say
Japan's government will consider cutting its economic growth estimate for the current fiscal year ending in March 2026 due to the expected hit to global demand from U.S. tariffs, t...
Asian Markets
Investment firm PAG raises $432 million in first yuan-denominated buyout fund, sources say
Asia-focused investment firm PAG has raised 3.1 billion yuan ($432 million) at the first close of its inaugural yuan-denominated buyout fund, exceeding its target, two people with ...
Asian Markets
China can maintain high growth and transition to consumer-led economy, premier Li says
China's Premier Li Qiang said on Wednesday he was confident the world's No.2 economy could maintain a "relatively rapid" growth rate as it transitions from a manufacturing-led mode...
Asian Markets
IMF says high tariffs would see Vietnam's growth slow to 5.4% this year
The International Monetary Fund said on Wednesday that Vietnam's economic growth this year would slow to 5.4% from last year's expansion of 7.09% under a "high tariffs" scenario.
Asian Markets
Japan's corporate service inflation hits 3.3% in May
A leading indicator of Japan's service-sector inflation hit 3.3% in May, data showed on Wednesday, keeping alive expectations of further interest rate hikes by the central bank.
Asian Markets
China issues guidelines on financial support for boosting consumption
China on Wednesday released guidelines aimed at using financial tools to boost consumption, with pledges to support employment and raise household incomes as part of broader effort...
Asian Markets
WTO grants Chinese request for panel on Canadian tariffs, trade official says
The dispute settlement body of the World Trade Organization (WTO) has agreed to a request from China for a panel regarding additional import duties imposed by Canada on certain Chi...
Asian Markets
Singapore's OCBC says no another offer for Great Eastern even if delisting proposal fails
Oversea-Chinese Banking Corp on Monday said that it has no intention to make another offer to buy the rest of Great Eastern in the future in the event shareholders opted to not del...
Asian Markets
Japan's retail rice prices fall below 4,000 yen, hitting prime minister's target
Japan's average retail rice prices fell below 4,000 yen ($27) for the first time in four months, data showed on Monday, after the government released an emergency stockpile of rice...
Asian Markets
Japan factory activity returns to growth after 11-month contraction, PMI shows
Japan's manufacturing activity returned to growth in June after nearly a year of contraction, but demand conditions remain murky due to worries over U.S. tariffs and the global eco...
Asian Markets