Asian Markets
LATEST NEWS FROM ASIAN MARKETS
Asian Markets
Japan's corporate service inflation hits 3.1% in April
A leading indicator of Japan's service-sector inflation hit 3.1% in April, data showed on Tuesday, keeping alive expectations of further interest rate hikes by the central bank.
Asian Markets
Russia's cooling economy facing 'hypothermia' risks, minister warns
Russia's economy is facing "hypothermia" risks, Economy Minister Maxim Reshetnikov said on Monday as he urged the central bank to take slowing inflation into account when it meets ...
Asian Markets
US demanded South Korea resolve trade imbalance in recent talks, media reports say
The United States demanded that South Korea resolve the large trade imbalance between the countries during recent trade talks, South Korean media reported on Monday.
Asian Markets
Thai April exports slightly above forecast but tariffs loom as second-half risk
Thailand's export growth came in slightly ahead of expectations in April as shipments to the United States surged, but the commerce ministry warned on Monday of challenges from U.S...
Asian Markets
Pakistan to present FY26 annual budget on June 2
Pakistan will present its annual budget on June 2 for the financial year 2025-26, Khurram Schehzad, the finance minister's adviser, said on Friday.
Asian Markets
China lowers deposit rate ceilings to protect bank interest margins, sources say
China has lowered the ceilings on deposit rates, three banking sources with direct knowledge of the guidance said on Friday, as authorities seek to protect banks' profit margins an...
Asian Markets
Analysts downgrade China's property price outlook in 2025 as trade tensions pose fresh risk: Reuters poll
Weakness in China's property sector is expected to persist this year with home prices falling nearly 5% and set to remain stagnant in 2026, as low confidence continues to keep buye...
Asian Markets
Asia must not succumb to tariff retaliation, Singapore cbank official says
Asian economies must remain agile and not succumb to tit-for-tat tariff retaliation, a deputy managing director of the Monetary Authority of Singapore said on Friday.
Asian Markets
BOJ vigilant on markets as super-long yields soar
Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will closely monitor market moves as yields on super-long Japanese government bonds (JGB) reached record highs t...
Asian Markets
Norinchukin Bank books annual loss of $12.63 billion on US and European bonds
Norinchukin Bank on Thursday reported a net loss of 1.81 trillion yen ($12.63 billion) for the year ended March 2025 as it sold off its portfolio of U.S. and European government bo...
Asian Markets
Japan to ease timeframe for balancing budget, lawmaker says
Japan will consider extending until fiscal year 2026 its timeframe for the government to attain a balanced budget, a ruling party executive said on Thursday, as economic growth, hi...
Asian Markets
Japan's May factory activity contracts for 11th month, PMI shows
Japan's manufacturing activity extended declines for nearly a year in May, as factories continued to take a hit from U.S. tariffs on Japanese goods, a business survey showed on Thu...
Asian Markets
Japan March machinery orders rise 13.0% month-on-month
Japan's core machinery orders rose 13.0% in March from the previous month, government data showed on Thursday.
Asian Markets
SingTel posts 9% annual profit rise, unveils $1.5 billion buyback plan
Singapore Telecommunications reported a 9% rise in annual profit on Thursday, driven by solid performances from its Optus unit and regional associate Airtel, and announced a S$2 bi...
Asian Markets
Japan to consider easing timeframe for hitting budget goal, Nikkei says
Japan will consider easing the timeframe for achieving a balanced budget as U.S. tariffs cloud the economic outlook, the Nikkei daily reported on Wednesday, a move that may add to ...
Asian Markets
Indonesia central bank cuts rates by 25 basis points, as expected
Indonesia's central bank cut its key interest rate on Wednesday, as expected by the market, resuming its monetary easing after holding policy steady at its previous three meetings....
Asian Markets
Singapore's CapitaLand Investment launches first onshore master fund in China
Real estate investment manager CapitaLand Investment Ltd said on Wednesday that it has launched its first onshore master fund in China, backed by a total equity commitment of 5 bil...
Asian Markets
Japan PM Ishiba to sack farm minister Eto over rice remarks, Kyodo says
Japan's Prime Minister Shigeru Ishiba plans to sack farm minister Taku Eto following remarks the minister made about rice, Kyodo News reported on Tuesday, citing multiple sources.
Asian Markets